Public Employees Retirement System of Ohio Purchases New Shares in Healthpeak Properties, Inc. $DOC

Public Employees Retirement System of Ohio purchased a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 991,387 shares of the real estate investment trust’s stock, valued at approximately $21,216,000. Public Employees Retirement System of Ohio owned approximately 0.14% of Healthpeak Properties as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Advocate Investing Services LLC purchased a new stake in shares of Healthpeak Properties during the fourth quarter worth about $26,000. Clearstead Trust LLC lifted 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 buying an additional 543 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in Healthpeak Properties in the 4th quarter worth about $31,000. Clearstead Advisors LLC increased its stake in 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 worth $31,000 after buying an additional 1,216 shares in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in Healthpeak Properties during the 2nd quarter worth approximately $33,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Barclays started 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. Morgan Stanley reaffirmed an “equal weight” rating and set a $22.00 target price (up from $20.00) on shares of Healthpeak Properties in a research note on Thursday, June 11th. Weiss Ratings raised shares of Healthpeak Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. Robert W. Baird raised their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Thursday, August 13th. Finally, Citigroup boosted their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. 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.com, Healthpeak Properties presently has an average rating of “Hold” and an average price target of $21.66.

Healthpeak Properties Trading Down 1.2%

Shares of DOC stock opened at $20.96 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. 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 $21.54 and its 200-day moving average price is $19.18. The stock has a market cap of $14.45 billion, a price-to-earnings ratio of 59.89, a PEG ratio of 2.29 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. The company had revenue of $771.58 million for the quarter, compared to the consensus estimate 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 period in the previous year, the firm earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, equities analysts predict that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently announced 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) annualized dividend and a yield of 5.8%. 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.