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

Mitsubishi UFJ Asset Management Co. Ltd. lessened its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 30.8% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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. owned approximately 0.21% of Healthpeak Properties worth $31,392,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DOC. WPG Advisers LLC lifted its holdings in Healthpeak Properties by 270.2% during the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 1,197 shares during the period. Advocate Investing Services LLC bought a new position in Healthpeak Properties in the 4th quarter valued at $26,000. Clearstead Trust LLC grew its stake in Healthpeak Properties by 66.7% in the 2nd quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 543 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of Healthpeak Properties during the 4th quarter valued at $31,000. Finally, Clearstead Advisors LLC increased its position in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 1,216 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Morgan Stanley restated 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. UBS Group boosted their target price on shares of Healthpeak Properties from $19.00 to $21.50 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Cantor Fitzgerald increased their target price on shares of Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Wells Fargo & Company raised their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Healthpeak Properties from $18.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $21.66.

Healthpeak Properties Stock Up 2.3%

Shares of NYSE DOC opened at $21.24 on Friday. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06. The business has a 50-day moving average of $21.37 and a 200-day moving average of $19.00. The firm has a market capitalization of $14.65 billion, a price-to-earnings ratio of 60.69, a PEG ratio of 3.20 and a beta of 1.01. Healthpeak Properties, Inc. has a 12 month low of $15.70 and a 12 month high of $22.95.

Healthpeak Properties (NYSE:DOC) last announced its earnings results 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. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The business had revenue of $771.58 million for the quarter, compared to the consensus estimate of $725.64 million. During the same period last year, the firm posted $0.46 earnings per share. Healthpeak Properties’s quarterly revenue was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Sell-side analysts expect that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be given a dividend of $0.1017 per share. The ex-dividend date is Monday, September 14th. This represents a c) annualized dividend and a dividend yield of 5.7%. Healthpeak Properties’s dividend payout ratio (DPR) is 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.