Landscape Capital Management L.L.C. Purchases 143,073 Shares of Healthpeak Properties, Inc. $DOC

Landscape Capital Management L.L.C. grew its position in Healthpeak Properties, Inc. (NYSE:DOC) by 141.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 244,087 shares of the real estate investment trust’s stock after purchasing an additional 143,073 shares during the period. Landscape Capital Management L.L.C.’s holdings in Healthpeak Properties were worth $5,223,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Norges Bank bought a new stake in Healthpeak Properties in the 4th quarter worth about $153,550,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Healthpeak Properties by 694.6% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,016,692 shares of the real estate investment trust’s stock valued at $153,520,000 after buying an additional 7,007,777 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Healthpeak Properties by 60.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,456,420 shares of the real estate investment trust’s stock worth $253,949,000 after buying an additional 5,815,189 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its position in shares of Healthpeak Properties by 19.2% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 29,648,260 shares of the real estate investment trust’s stock worth $476,744,000 after buying an additional 4,776,056 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Healthpeak Properties by 214.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,230,551 shares of the real estate investment trust’s stock worth $98,050,000 after buying an additional 2,883,382 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DOC has been the subject of several recent analyst reports. Evercore lowered Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 target price for the company. in a report on Monday, May 11th. Scotiabank lifted their price target on Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 27th. Citigroup boosted their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Weiss Ratings raised Healthpeak Properties from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. Four analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $21.66.

Healthpeak Properties Stock Up 0.9%

DOC opened at $21.40 on Friday. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06. The stock has a market cap of $14.76 billion, a price-to-earnings ratio of 61.14, a PEG ratio of 2.48 and a beta of 1.01. Healthpeak Properties, Inc. has a twelve month low of $15.70 and a twelve month high of $22.95. The company’s 50-day moving average price is $21.38 and its two-hundred day moving average price is $19.02.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. Healthpeak Properties’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, equities analysts expect that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be issued a dividend of $0.1017 per share. 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 is 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.