NEOS Investment Management LLC Purchases 61,239 Shares of Healthpeak Properties, Inc. $DOC

NEOS Investment Management LLC boosted its position in Healthpeak Properties, Inc. (NYSE:DOC) by 73.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 144,406 shares of the real estate investment trust’s stock after purchasing an additional 61,239 shares during the period. NEOS Investment Management LLC’s holdings in Healthpeak Properties were worth $2,765,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Mather Group LLC. acquired a new stake in shares of Healthpeak Properties in the third quarter valued at approximately $25,000. City Holding Co. bought a new stake in Healthpeak Properties in the 3rd quarter valued at $26,000. Rexford Capital Inc. bought a new stake in Healthpeak Properties in the 2nd quarter valued at $28,000. Sound Income Strategies LLC acquired a new stake in Healthpeak Properties during the 3rd quarter valued at $28,000. Finally, Elevation Point Wealth Partners LLC bought a new position in Healthpeak Properties during the second quarter worth $32,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Shares of NYSE:DOC opened at $17.06 on Friday. Healthpeak Properties, Inc. has a 12-month low of $15.71 and a 12-month high of $21.28. The company’s 50 day moving average price is $16.82 and its two-hundred day moving average price is $17.54. The firm has a market cap of $11.86 billion, a PE ratio of 170.61, a PEG ratio of 9.19 and a beta of 1.12. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. The company had revenue of $719.40 million during the quarter, compared to the consensus estimate of $685.14 million. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Equities research analysts predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is presently 1,220.00%.

Analyst Ratings Changes

Several brokerages have recently weighed in on DOC. Evercore dropped their price objective on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Cantor Fitzgerald set a $17.00 price target on shares of Healthpeak Properties in a report on Monday, January 5th. The Goldman Sachs Group initiated coverage on Healthpeak Properties in a research report on Friday, January 9th. They issued a “neutral” rating and a $17.00 target price on the stock. Weiss Ratings upgraded Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Finally, Robert W. Baird reduced their price target on Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, November 12th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Healthpeak Properties presently has an average rating of “Hold” and a consensus target price of $19.42.

About Healthpeak Properties

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.