Meiji Yasuda Asset Management Co Ltd. Invests $3.24 Million in Healthpeak Properties, Inc. $DOC

Meiji Yasuda Asset Management Co Ltd. purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 151,440 shares of the real estate investment trust’s stock, valued at approximately $3,241,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Advocate Investing Services LLC acquired a new stake in Healthpeak Properties in the fourth quarter worth about $26,000. Clearstead Trust LLC increased its stake in Healthpeak Properties by 66.7% during the 2nd quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 543 shares during the period. Elyxium Wealth LLC bought a new stake in shares of Healthpeak Properties during the 4th quarter worth about $31,000. Clearstead Advisors LLC raised its position in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 1,216 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Healthpeak Properties in the 2nd quarter worth approximately $33,000. 93.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on DOC shares. Wells Fargo & Company raised their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Barclays assumed coverage on Healthpeak Properties in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 target price for the company. Mizuho increased their price target on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. UBS Group lifted their price target on Healthpeak Properties from $19.00 to $21.50 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Finally, Royal Bank Of Canada boosted their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Four equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.66.

Healthpeak Properties Stock Performance

Shares of DOC opened at $21.62 on Tuesday. The firm’s 50 day moving average is $21.41 and its 200-day moving average is $19.07. The stock has a market capitalization of $14.91 billion, a P/E ratio of 61.77, a P/E/G ratio of 2.50 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. Healthpeak Properties, Inc. has a 12-month low of $15.70 and a 12-month high of $22.95.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. The business had revenue of $771.58 million for the quarter, compared to the consensus estimate of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities research analysts anticipate that Healthpeak Properties, Inc. will post 1.77 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently announced 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. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

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.