Healthpeak Properties, Inc. $DOC Shares Purchased by Chilton Capital Management LLC

Key Points

• Chilton Capital Management increased its Healthpeak Properties stake by 15.8% in the second quarter, bringing its holdings to 426,708 shares valued at approximately $9.1 million. Institutional investors and hedge funds collectively own 93.57% of DOC.
• Analyst sentiment remains cautious, with four Buy ratings and 15 Hold ratings producing a consensus rating of Hold and an average price target of $21.44. RBC and BMO raised their targets to $24.
• Healthpeak beat quarterly expectations, reporting $0.08 EPS versus the $0.03 consensus and $771.6 million in revenue, up 11.1% year over year. The REIT also announced a monthly dividend of $0.1017 per share, representing a stated annualized yield of 5.9%.

Chilton Capital Management LLC lifted its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 15.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 426,708 shares of the real estate investment trust's stock after purchasing an additional 58,285 shares during the quarter. Chilton Capital Management LLC owned about 0.06% of Healthpeak Properties worth $9,132,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WPG Advisers LLC raised its stake 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 purchasing an additional 1,197 shares during the period. Advocate Investing Services LLC acquired a new position in Healthpeak Properties in the 4th quarter valued at about $26,000. Elyxium Wealth LLC purchased a new stake in shares of Healthpeak Properties in the 4th quarter valued at approximately $31,000. Clearstead Advisors LLC grew its stake in shares of Healthpeak Properties by 166.3% in the 4th 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 period. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Healthpeak Properties during the 2nd quarter worth approximately $33,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on DOC. Royal Bank Of Canada lifted their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an "outperform" rating in a research report on Monday, August 10th. Wall Street Zen raised Healthpeak Properties from a "sell" rating to a "hold" rating in a research note on Sunday, May 10th. Weiss Ratings restated a "hold (c)" rating on shares of Healthpeak Properties in a research report on Wednesday, August 5th. BMO Capital Markets upped their price target on Healthpeak Properties from $20.00 to $24.00 and gave the company an "outperform" rating in a research note on Monday, June 15th. Finally, Wells Fargo & Company upped their price target on Healthpeak Properties from $20.00 to $22.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 15th. Four analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $21.44.

Healthpeak Properties Price Performance

Shares of DOC opened at $20.78 on Friday. Healthpeak Properties, Inc. has a 1-year low of $15.70 and a 1-year high of $22.95. The stock has a market cap of $14.33 billion, a PE ratio of 59.38, a P/E/G ratio of 3.20 and a beta of 1.01. The firm has a 50-day simple moving average of $21.33 and a two-hundred day simple moving average of $18.90. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02.

Healthpeak Properties (NYSE:DOC - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) 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 in the previous year, the firm 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. As a group, analysts forecast that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) dividend on an annualized basis and a yield of 5.9%. Healthpeak Properties's payout ratio is presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source