Munich Reinsurance Co Stock Corp in Munich Acquires Shares of 124,622 Healthpeak Properties, Inc. $DOC

Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the third quarter, Holdings Channel reports. The firm bought 124,622 shares of the real estate investment trust’s stock, valued at approximately $2,387,000.

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

Healthpeak Properties Stock Performance

DOC stock opened at $17.28 on Friday. Healthpeak Properties, Inc. has a 1-year low of $15.71 and a 1-year high of $21.28. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21. The firm has a market cap of $12.01 billion, a PE ratio of 172.82, a P/E/G ratio of 9.25 and a beta of 1.12. The business’s 50-day moving average price is $17.09 and its two-hundred day moving average price is $17.58.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 0.84% and a net margin of 2.52%.The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. As a group, research analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is presently 1,220.00%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Weiss Ratings upgraded Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Argus downgraded shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a research report on Thursday, February 5th. Wall Street Zen raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Evercore decreased their price objective on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Finally, Wells Fargo & Company reaffirmed a “positive” rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average 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.