Mitsubishi UFJ Asset Management Co. Ltd. Sells 653,313 Shares of Healthpeak Properties, Inc. $DOC

Mitsubishi UFJ Asset Management Co. Ltd. trimmed its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 30.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,466,911 shares of the real estate investment trust’s stock after selling 653,313 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Healthpeak Properties were worth $31,392,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Integrated Wealth Concepts LLC raised its stake in shares of Healthpeak Properties by 7.3% during the first quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock worth $366,000 after acquiring an additional 1,231 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Healthpeak Properties by 110.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock worth $2,463,000 after acquiring an additional 63,930 shares during the last quarter. Woodline Partners LP boosted its stake in shares of Healthpeak Properties by 41.3% in the 1st quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock valued at $1,195,000 after purchasing an additional 17,279 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of Healthpeak Properties by 3.1% in the 2nd quarter. Brown Advisory Inc. now owns 46,770 shares of the real estate investment trust’s stock valued at $819,000 after purchasing an additional 1,415 shares in the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in shares of Healthpeak Properties during the 2nd quarter valued at $3,117,000. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DOC. UBS Group lifted their target price on shares of Healthpeak Properties from $19.00 to $21.50 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Robert W. Baird raised their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. BMO Capital Markets lifted their price objective on Healthpeak Properties from $20.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Finally, Citigroup boosted their target price on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, Healthpeak Properties presently has a consensus rating of “Hold” and an average price target of $21.66.

Healthpeak Properties Stock Up 2.3%

Shares of Healthpeak Properties stock opened at $21.24 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.02 and a current ratio of 3.02. Healthpeak Properties, Inc. has a 52-week low of $15.70 and a 52-week high of $22.95. The stock has a market capitalization of $14.65 billion, a price-to-earnings ratio of 60.69, a P/E/G ratio of 3.20 and a beta of 1.01. The company’s 50 day moving average price is $21.37 and its 200-day moving average price is $19.00.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. The company had revenue of $771.58 million during 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%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities research 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 dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Monday, September 14th. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

Healthpeak Properties Company Profile

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.