Redwood Investment Management LLC Acquires Shares of 43,328 Healthpeak Properties, Inc. $DOC

Redwood Investment Management LLC acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 43,328 shares of the real estate investment trust’s stock, valued at approximately $927,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advocate Investing Services LLC acquired a new stake in shares of Healthpeak Properties in the 4th quarter valued at about $26,000. Clearstead Trust LLC increased its position in Healthpeak Properties by 66.7% during the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 543 shares during the period. Elyxium Wealth LLC acquired a new position in Healthpeak Properties during the fourth quarter worth approximately $31,000. Clearstead Advisors LLC lifted its stake in Healthpeak Properties by 166.3% in the fourth quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 1,216 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in Healthpeak Properties in the second quarter valued at approximately $33,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. UBS Group raised 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. BMO Capital Markets upped their price target on shares of Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Citigroup upped their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Morgan Stanley reiterated an “equal weight” rating and set a $22.00 price target (up from $20.00) on shares of Healthpeak Properties in a research note on Thursday, June 11th. Finally, Robert W. Baird raised their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat, Healthpeak Properties currently has an average rating of “Hold” and a consensus target price of $21.66.

Healthpeak Properties Stock Performance

Shares of DOC opened at $21.23 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. The stock has a market capitalization of $14.64 billion, a P/E ratio of 60.67, a P/E/G ratio of 2.35 and a beta of 1.01. The company’s fifty day moving average is $21.52 and its two-hundred day moving average is $19.17. Healthpeak Properties, Inc. has a 1 year low of $15.70 and a 1 year 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 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The company had revenue of $771.58 million during the quarter, compared to analysts’ expectations of $725.64 million. During the same quarter last year, the business earned $0.46 EPS. The business’s 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. On average, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, September 25th. Investors 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 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.