Osaic Holdings Inc. Boosts Stake in Healthpeak Properties, Inc. $DOC

Osaic Holdings Inc. increased its position in Healthpeak Properties, Inc. (NYSE:DOC) by 152.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 294,799 shares of the real estate investment trust’s stock after purchasing an additional 177,958 shares during the quarter. Osaic Holdings Inc.’s holdings in Healthpeak Properties were worth $5,166,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group lifted its position in Healthpeak Properties by 198.9% during the first quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 873 shares during the period. Rexford Capital Inc. bought a new position in shares of Healthpeak Properties in the 2nd quarter worth about $28,000. GKV Capital Management Co. Inc. bought a new position in shares of Healthpeak Properties in the 1st quarter worth about $36,000. Elevation Point Wealth Partners LLC purchased a new position in Healthpeak Properties during the 2nd quarter valued at about $32,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Healthpeak Properties during the second quarter worth about $33,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DOC has been the subject of a number of analyst reports. Wells Fargo & Company raised their target price on shares of Healthpeak Properties from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Robert W. Baird reduced their price objective on Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating for the company in a research report on Wednesday, November 12th. Jefferies Financial Group cut Healthpeak Properties from a “buy” rating to a “hold” rating and lowered their price objective for the company from $21.00 to $17.00 in a research note on Monday, December 15th. Evercore ISI cut their target price on Healthpeak Properties from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Finally, Cantor Fitzgerald began coverage on Healthpeak Properties in a report on Wednesday, October 1st. They set a “neutral” rating and a $20.00 price target for the company. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $20.18.

Healthpeak Properties Trading Down 1.7%

Shares of NYSE:DOC opened at $15.77 on Wednesday. The company has a market cap of $10.96 billion, a P/E ratio of -315.24, a PEG ratio of 4.06 and a beta of 1.11. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.22 and a quick ratio of 1.22. Healthpeak Properties, Inc. has a 1 year low of $15.71 and a 1 year high of $21.28. The stock’s fifty day moving average price is $17.57 and its 200-day moving average price is $17.80.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. The company had revenue of $705.87 million during the quarter, compared to the consensus estimate of $681.65 million. Healthpeak Properties had a negative return on equity of 0.44% and a negative net margin of 1.36%.Healthpeak Properties’s revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the company earned $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Sell-side analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be issued a $0.1017 dividend. The ex-dividend date is Friday, December 19th. This represents a c) annualized dividend and a yield of 7.7%. Healthpeak Properties’s dividend payout ratio (DPR) is currently -2,440.00%.

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.