Ieq Capital LLC Purchases New Shares in Healthpeak Properties, Inc. $DOC

Ieq Capital LLC bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 56,814 shares of the real estate investment trust’s stock, valued at approximately $1,216,000.

Several other hedge funds have also modified their holdings of the business. Integrated Wealth Concepts LLC lifted its stake in Healthpeak Properties by 7.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 1,231 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Healthpeak Properties by 110.3% during the first 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 buying an additional 63,930 shares in the last quarter. Woodline Partners LP raised its holdings in shares of Healthpeak Properties by 41.3% in the first quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock worth $1,195,000 after acquiring an additional 17,279 shares during the last quarter. Brown Advisory Inc. raised its holdings in shares of Healthpeak Properties by 3.1% in the second quarter. Brown Advisory Inc. now owns 46,770 shares of the real estate investment trust’s stock worth $819,000 after acquiring an additional 1,415 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Healthpeak Properties in the second quarter valued at $3,117,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DOC has been the subject of a number of recent analyst reports. Mizuho lifted their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Barclays assumed coverage on Healthpeak Properties in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 price target on the stock. Wells Fargo & Company lifted their price target on Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Morgan Stanley reiterated an “equal weight” rating and set a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a report on Thursday, June 11th. Finally, Citigroup boosted their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Four investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Healthpeak Properties has a consensus rating of “Hold” and an average price target of $21.66.

Healthpeak Properties Stock Performance

Shares of DOC opened at $21.54 on Thursday. The firm has a market capitalization of $14.85 billion, a PE ratio of 61.54, a P/E/G ratio of 2.36 and a beta of 1.01. 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 firm has a 50-day moving average price of $21.48 and a 200 day moving average price of $19.14. Healthpeak Properties, Inc. has a 52-week low of $15.70 and a 52-week high of $22.95.

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

Healthpeak Properties Dividend Announcement

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 paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) dividend on an annualized basis and a yield of 5.7%. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

Healthpeak Properties 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.