Elo Mutual Pension Insurance Co Buys Shares of 89,818 Healthpeak Properties, Inc. $DOC

Elo Mutual Pension Insurance Co purchased a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 89,818 shares of the real estate investment trust’s stock, valued at approximately $1,720,000.

Several other hedge funds have also recently made changes to their positions in DOC. Mather Group LLC. purchased a new stake in Healthpeak Properties in the third quarter worth approximately $25,000. City Holding Co. bought a new position in shares of Healthpeak Properties during the 3rd quarter valued at $26,000. Rexford Capital Inc. purchased a new position in shares of Healthpeak Properties in the 2nd quarter worth $28,000. Sound Income Strategies LLC bought a new stake in shares of Healthpeak Properties in the third quarter worth $28,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Healthpeak Properties in the second quarter worth $32,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DOC has been the topic of several research reports. Wells Fargo & Company reissued a “positive” rating on shares of Healthpeak Properties in a research report on Tuesday, February 3rd. Cantor Fitzgerald set a $17.00 price objective on shares of Healthpeak Properties in a report on Monday, January 5th. Argus lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a research report on Thursday, February 5th. The Goldman Sachs Group began coverage on shares of Healthpeak Properties in a research report on Friday, January 9th. They issued a “neutral” rating and a $17.00 price target on the stock. Finally, Evercore dropped their price target on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Healthpeak Properties has a consensus rating of “Hold” and a consensus target price of $19.42.

Healthpeak Properties Trading Up 1.0%

Healthpeak Properties stock opened at $17.66 on Thursday. Healthpeak Properties, Inc. has a 12-month low of $15.71 and a 12-month high of $21.28. The firm has a market capitalization of $12.27 billion, a price-to-earnings ratio of 176.62, a P/E/G ratio of 9.36 and a beta of 1.12. The firm has a 50 day moving average of $17.03 and a 200 day moving average of $17.57. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21.

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

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is presently 1,220.00%.

Healthpeak Properties Company 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.