NEOS Investment Management LLC lifted its position in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 13.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 263,738 shares of the real estate investment trust’s stock after purchasing an additional 30,381 shares during the quarter. NEOS Investment Management LLC’s holdings in Healthpeak Properties were worth $5,644,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in DOC. Advocate Investing Services LLC purchased a new position in shares of Healthpeak Properties during the fourth quarter valued at about $26,000. Clearstead Trust LLC lifted its stake in shares of Healthpeak Properties by 66.7% in 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 in the last quarter. Elyxium Wealth LLC bought a new position in shares of Healthpeak Properties during the fourth quarter valued at $31,000. Clearstead Advisors LLC boosted its holdings 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 worth $31,000 after purchasing an additional 1,216 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new position in Healthpeak Properties in the second quarter worth about $33,000. 93.57% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
DOC has been the topic of a number of analyst reports. Robert W. Baird 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 Thursday, August 13th. Weiss Ratings upgraded shares of Healthpeak Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. Wall Street Zen upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Barclays raised their price target on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company an “equal weight” rating in a report on Monday, August 31st. Finally, Evercore downgraded shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 target price on the stock. in a research report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $21.72.
Healthpeak Properties Stock Performance
Shares of Healthpeak Properties stock opened at $20.65 on Monday. 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 company has a market cap of $14.24 billion, a price-to-earnings ratio of 59.00, a PEG ratio of 2.55 and a beta of 1.01. The business’s 50 day moving average price is $21.55 and its 200 day moving average price is $19.35. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $22.95.
Healthpeak Properties (NYSE:DOC – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $725.64 million. During the same quarter last year, the firm earned $0.46 EPS. The business’s revenue 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, research analysts predict that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.
Healthpeak Properties Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be given a $0.1017 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s dividend payout ratio (DPR) is currently 348.57%.
About Healthpeak Properties
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.
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