Ieq Capital LLC Purchases Shares of 56,814 Healthpeak Properties, Inc. $DOC

Key Points

• Ieq Capital acquired 56,814 Healthpeak Properties shares worth approximately $1.2 million in the second quarter. Institutional investors collectively own 93.57% of DOC’s outstanding stock.
• Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and an average price target of $21.66, although several firms recently raised targets to $24.
• Healthpeak exceeded quarterly earnings and revenue expectations, while reporting 11.1% year-over-year revenue growth. The REIT also declared a monthly dividend of $0.1017 per share, representing an annualized yield of about 5.7%.

Ieq Capital LLC bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 56,814 shares of the real estate investment trust's stock, valued at approximately $1,216,000.

Several other institutional investors and hedge funds have also bought and sold shares of DOC. Norges Bank bought a new position in Healthpeak Properties in the fourth quarter worth about $153,550,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Healthpeak Properties by 694.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,016,692 shares of the real estate investment trust's stock valued at $153,520,000 after acquiring an additional 7,007,777 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Healthpeak Properties by 60.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,456,420 shares of the real estate investment trust's stock worth $253,949,000 after acquiring an additional 5,815,189 shares during the period. Fuller & Thaler Asset Management Inc. raised its position in shares of Healthpeak Properties by 19.2% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 29,648,260 shares of the real estate investment trust's stock worth $476,744,000 after acquiring an additional 4,776,056 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of Healthpeak Properties by 214.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,230,551 shares of the real estate investment trust's stock valued at $98,050,000 after purchasing an additional 2,883,382 shares during the period. 93.57% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DOC shares. Cantor Fitzgerald raised their target price on shares of Healthpeak Properties from $20.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Weiss Ratings raised Healthpeak Properties from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, August 19th. BMO Capital Markets upped their price target on Healthpeak Properties from $20.00 to $24.00 and gave the stock an "outperform" rating in a research note on Monday, June 15th. Royal Bank Of Canada raised their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the company an "outperform" rating in a research report on Monday, August 10th. Finally, 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 note on Thursday, August 13th. Four investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, Healthpeak Properties has a consensus rating of "Hold" and an average target price of $21.66.

Healthpeak Properties Trading Down 0.6%

Shares of NYSE:DOC opened at $21.54 on Thursday. The firm has a market capitalization of $14.85 billion, a P/E ratio of 61.54, a P/E/G ratio of 2.36 and a beta of 1.01. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02. The business's 50-day moving average is $21.48 and its 200 day moving average is $19.14. Healthpeak Properties, Inc. has a 1 year low of $15.70 and a 1 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, beating analysts' consensus estimates of $0.03 by $0.05. The company had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.Healthpeak Properties's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 earnings per share. 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 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be issued a dividend of $0.1017 per share. The ex-dividend date is Monday, September 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. Healthpeak Properties's dividend payout ratio is currently 348.57%.

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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