Equity Investment Corp Buys 1,690,896 Shares of Healthpeak Properties, Inc. $DOC

Equity Investment Corp raised its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 31.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,021,844 shares of the real estate investment trust’s stock after buying an additional 1,690,896 shares during the period. Healthpeak Properties comprises about 2.3% of Equity Investment Corp’s portfolio, making the stock its 18th biggest position. Equity Investment Corp’s holdings in Healthpeak Properties were worth $112,911,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. WPG Advisers LLC grew its position in shares of Healthpeak Properties by 270.2% in the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,197 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Healthpeak Properties in the 2nd quarter valued at about $33,000. Clearstead Advisors LLC grew its position 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 last quarter. Elyxium Wealth LLC bought a new stake in shares of Healthpeak Properties in the 4th quarter valued at about $31,000. Finally, Wiser Advisor Group LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at about $38,000. Institutional investors own 93.57% of the company’s stock.

Insiders Place Their Bets

In related news, insider Scott R. Bohn sold 10,989 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total transaction of $213,736.05. Following the transaction, the insider directly owned 7,636 shares of the company’s stock, valued at approximately $148,520.20. This represents a 59.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.23% of the company’s stock.

Healthpeak Properties Stock Up 0.2%

Shares of Healthpeak Properties stock opened at $20.51 on Friday. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $20.82. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.96 and a quick ratio of 2.96. The stock’s 50-day moving average is $18.26 and its 200 day moving average is $17.47. The firm has a market cap of $14.14 billion, a price-to-earnings ratio of 64.09, a PEG ratio of 3.20 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, beating the consensus estimate of $0.43 by $0.02. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.The company had revenue of $752.95 million for the quarter, compared to analyst estimates of $694.59 million. During the same quarter in the prior year, the company earned $0.46 EPS. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Equities research analysts anticipate that Healthpeak Properties, Inc. will post 1.74 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 15th will be paid a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Monday, June 15th. Healthpeak Properties’s dividend payout ratio is 381.25%.

Analysts Set New Price Targets

A number of equities research analysts have commented on DOC shares. Royal Bank Of Canada upped their price target on Healthpeak Properties from $20.00 to $21.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Wells Fargo & Company upped their target price on Healthpeak Properties from $18.00 to $20.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Citigroup upped their target price on Healthpeak Properties from $17.50 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. Robert W. Baird upped their target price on Healthpeak Properties from $19.00 to $21.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Three research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Healthpeak Properties has an average rating of “Hold” and a consensus price target of $19.54.

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.