Healthpeak Properties, Inc. $DOC Shares Purchased by Inspire Advisors LLC

Inspire Advisors LLC increased its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 121.7% 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 52,059 shares of the real estate investment trust’s stock after purchasing an additional 28,577 shares during the period. Inspire Advisors LLC’s holdings in Healthpeak Properties were worth $912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DOC. TCTC Holdings LLC raised its stake in shares of Healthpeak Properties by 124.3% during the 1st quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 751 shares during the last quarter. Brooklyn Investment Group boosted its stake in shares of Healthpeak Properties by 198.9% in the first quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 873 shares during the last quarter. Dagco Inc. acquired a new stake in Healthpeak Properties during the first quarter worth about $30,000. AlphaQuest LLC acquired a new stake in Healthpeak Properties during the second quarter worth about $34,000. Finally, Atlantic Union Bankshares Corp purchased a new position in Healthpeak Properties during the second quarter valued at approximately $34,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Weiss Ratings lowered Healthpeak Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, November 12th. Evercore ISI set a $22.00 target price on shares of Healthpeak Properties in a research note on Monday, September 15th. Wells Fargo & Company dropped their price target on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 27th. Morgan Stanley cut their price objective on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Raymond James Financial upgraded shares of Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a research report on Monday, September 15th. Seven equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $20.82.

Healthpeak Properties Trading Up 2.3%

Shares of DOC stock opened at $17.70 on Wednesday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.22 and a quick ratio of 1.28. The company has a market cap of $12.30 billion, a price-to-earnings ratio of -353.83, a PEG ratio of 3.84 and a beta of 1.10. The stock has a 50 day simple moving average of $18.32 and a 200-day simple moving average of $17.83. Healthpeak Properties, Inc. has a 1-year low of $16.63 and a 1-year high of $22.71.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The firm had revenue of $705.87 million for the quarter, compared to analysts’ expectations of $681.65 million. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the company earned $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. On average, equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 19th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. Healthpeak Properties’s payout ratio is currently -2,440.00%.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.