Global Retirement Partners LLC Acquires Shares of 80,578 Healthpeak Properties, Inc. $DOC

Global Retirement Partners LLC acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 80,578 shares of the real estate investment trust’s stock, valued at approximately $1,724,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. WPG Advisers LLC boosted its position in shares of Healthpeak Properties by 270.2% in the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 1,197 shares during the period. Advocate Investing Services LLC purchased a new stake in Healthpeak Properties in the fourth quarter valued at approximately $26,000. Clearstead Trust LLC lifted its stake in Healthpeak Properties by 66.7% in the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 543 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in shares of Healthpeak Properties in the fourth quarter valued at approximately $31,000. Finally, Clearstead Advisors LLC boosted its holdings in shares of Healthpeak Properties by 166.3% in the fourth quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 1,216 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Price Performance

Shares of NYSE DOC opened at $20.60 on Tuesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02. The stock has a fifty day moving average price of $21.35 and a 200 day moving average price of $18.93. Healthpeak Properties, Inc. has a 1-year low of $15.70 and a 1-year high of $22.95. The company has a market cap of $14.20 billion, a PE ratio of 58.86, a P/E/G ratio of 3.20 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. The firm had revenue of $771.58 million for the quarter, compared to analyst estimates of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. Healthpeak Properties’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) annualized dividend and a dividend yield of 5.9%. Healthpeak Properties’s payout ratio is presently 348.57%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DOC. Robert W. Baird raised their target price on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Cantor Fitzgerald upped their price target on shares of Healthpeak Properties from $20.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Raymond James Financial assumed coverage on shares of Healthpeak Properties in a research note on Wednesday, June 17th. They set a “market perform” rating for the company. Barclays started coverage on shares of Healthpeak Properties in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $23.00 price objective on the stock. Finally, Mizuho lifted their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Four analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat, Healthpeak Properties presently has a consensus rating of “Hold” and a consensus price target of $21.44.

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.