Redwood Investment Management LLC Takes $927,000 Position in Healthpeak Properties, Inc. $DOC

Redwood Investment Management LLC acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 43,328 shares of the real estate investment trust’s stock, valued at approximately $927,000.

Several other institutional investors have also recently added to or reduced their stakes in DOC. Transamerica Financial Advisors LLC purchased a new position in shares of Healthpeak Properties during the second quarter worth $203,000. Adelante Capital Management LLC acquired a new position in Healthpeak Properties during the 2nd quarter worth about $21,605,000. Corient Private Wealth LP purchased a new position in Healthpeak Properties during the 2nd quarter valued at about $2,145,000. Bank of America Corp DE acquired a new position in Healthpeak Properties in the 2nd quarter valued at about $234,600,000. Finally, First Bancorp Inc ME acquired a new position in Healthpeak Properties in the 2nd quarter valued at about $43,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $21.23 on Friday. Healthpeak Properties, Inc. has a 12 month low of $15.70 and a 12 month high of $22.95. 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 firm has a market capitalization of $14.64 billion, a PE ratio of 60.67, a price-to-earnings-growth ratio of 2.35 and a beta of 1.01. The business’s fifty day moving average price is $21.52 and its 200 day moving average price is $19.17.

Healthpeak Properties (NYSE:DOC) 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, topping analysts’ consensus estimates of $0.03 by $0.05. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.The company had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. During the same period in the previous year, the business earned $0.46 EPS. Healthpeak Properties’s revenue for the quarter was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, sell-side analysts anticipate 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. Investors of record on Monday, September 14th will be issued a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s dividend payout ratio is 348.57%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Royal Bank Of Canada increased their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Evercore cut shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price objective for the company. in a report on Monday, May 11th. UBS Group increased their target price on shares of Healthpeak Properties from $19.00 to $21.50 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. BMO Capital Markets raised their price target on shares of Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Finally, Robert W. Baird boosted their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $21.66.

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.