Landscape Capital Management L.L.C. raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 141.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 244,087 shares of the real estate investment trust’s stock after purchasing an additional 143,073 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Healthpeak Properties were worth $5,223,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DOC. WPG Advisers LLC increased its stake in shares of Healthpeak Properties by 270.2% in the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 1,197 shares in the last quarter. Advocate Investing Services LLC purchased a new stake in shares of Healthpeak Properties during the 4th quarter valued at approximately $26,000. Clearstead Trust LLC lifted its stake in shares of Healthpeak Properties by 66.7% during the 2nd 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 in the last quarter. Elyxium Wealth LLC bought a new position in Healthpeak Properties in the 4th quarter worth approximately $31,000. Finally, Clearstead Advisors LLC boosted its holdings in Healthpeak Properties by 166.3% in the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 1,216 shares during the period. Institutional investors own 93.57% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a research note on Thursday, June 11th. Evercore downgraded Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 target price on the stock. in a research report on Monday, May 11th. Mizuho raised their price target on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. UBS Group lifted their price target on Healthpeak Properties from $19.00 to $21.50 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Finally, Scotiabank increased their price objective on Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 27th. Four research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $21.66.
Healthpeak Properties Price Performance
DOC stock opened at $21.40 on Friday. The firm has a 50 day moving average of $21.38 and a 200-day moving average of $19.02. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06. Healthpeak Properties, Inc. has a 12 month low of $15.70 and a 12 month high of $22.95. The firm has a market capitalization of $14.76 billion, a P/E ratio of 61.14, a price-to-earnings-growth ratio of 2.48 and a beta of 1.01.
Healthpeak Properties (NYSE:DOC – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. The company had revenue of $771.58 million during the quarter, compared to analysts’ expectations of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. Healthpeak Properties’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.
Healthpeak Properties Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be issued a $0.1017 dividend. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 348.57%.
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.
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