HF Advisory Group LLC Takes $1.51 Million Position in Healthpeak Properties, Inc. $DOC

Key Points

• HF Advisory Group bought a new stake of 93,743 shares of Healthpeak Properties (NYSE:DOC) in Q4, valued at about $1.51 million.
• Analyst sentiment is muted with a consensus rating of Hold and a consensus price target of $19.19, after several firms trimmed price targets and ratings in recent months.
• Healthpeak declared a monthly dividend of $0.1017 per share (annualized yield ~7.3%), payable June 26 with an ex-dividend date of June 15.

HF Advisory Group LLC purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 93,743 shares of the real estate investment trust's stock, valued at approximately $1,507,000.

A number of other large investors also recently modified their holdings of DOC. Vanderbilt University bought a new position in Healthpeak Properties during the third quarter valued at about $1,263,000. Northside Capital Management LLC bought a new position in Healthpeak Properties during the third quarter valued at about $6,123,000. Argent Advisors Inc. acquired a new position in shares of Healthpeak Properties in the 3rd quarter valued at $1,536,000. Twin City Private Wealth LLC acquired a new position in shares of Healthpeak Properties in the 3rd quarter valued at $1,148,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Healthpeak Properties by 7.0% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,935,397 shares of the real estate investment trust's stock valued at $37,063,000 after purchasing an additional 126,322 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Weiss Ratings upgraded Healthpeak Properties from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, January 26th. Robert W. Baird decreased their price target on Healthpeak Properties from $20.00 to $19.00 and set an "outperform" rating for the company in a research report on Monday, April 6th. Wells Fargo & Company reiterated a "positive" rating on shares of Healthpeak Properties in a research report on Tuesday, February 3rd. Citigroup decreased their price target on Healthpeak Properties from $18.00 to $17.50 and set a "neutral" rating for the company in a research report on Wednesday, April 1st. Finally, Jefferies Financial Group lowered Healthpeak Properties from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $21.00 to $17.00 in a research report on Monday, December 15th. Six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $19.19.

Healthpeak Properties Stock Up 0.4%

Shares of Healthpeak Properties stock opened at $16.76 on Friday. The firm has a market cap of $11.65 billion, a price-to-earnings ratio of 167.57, a P/E/G ratio of 8.96 and a beta of 1.10. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 2.82. Healthpeak Properties, Inc. has a 52-week low of $15.71 and a 52-week high of $19.68. The stock has a 50-day simple moving average of $17.01 and a 200-day simple moving average of $17.38.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.02. The business had revenue of $719.40 million during the quarter, compared to analyst estimates of $685.14 million. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The firm's revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.1017 per share. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Monday, June 15th. Healthpeak Properties's payout ratio is currently 1,220.00%.

Healthpeak Properties 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.

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