Rakuten Investment Management Inc. Acquires New Position in Healthpeak Properties, Inc. $DOC

Rakuten Investment Management Inc. bought a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the second quarter, according to its most recent filing with the SEC. The firm bought 73,094 shares of the real estate investment trust’s stock, valued at approximately $1,599,000.

Other large investors also recently bought and sold shares of the company. Advocate Investing Services LLC purchased a new position in shares of Healthpeak Properties in the fourth quarter worth $26,000. Clearstead Trust LLC lifted its stake in shares of Healthpeak Properties by 66.7% during the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 543 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of Healthpeak Properties during the fourth quarter valued at $31,000. Clearstead Advisors LLC grew its holdings in shares of Healthpeak Properties by 166.3% during the fourth 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. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Healthpeak Properties in the 2nd quarter valued at $33,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DOC. JPMorgan Chase & Co. raised their target price on Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Barclays began coverage on Healthpeak Properties in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $23.00 price target on the stock. Cantor Fitzgerald increased their price objective on Healthpeak Properties from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Weiss Ratings upgraded Healthpeak Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 19th. Finally, Scotiabank lifted their target price on Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $21.66.

Healthpeak Properties Price Performance

NYSE:DOC opened at $20.96 on Monday. 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 company’s fifty day moving average price is $21.54 and its 200-day moving average price is $19.20. Healthpeak Properties, Inc. has a 1-year low of $15.70 and a 1-year high of $22.95. The firm has a market capitalization of $14.45 billion, a P/E ratio of 59.89, a PEG ratio of 2.29 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. 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 firm posted $0.46 earnings per share. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, equities research analysts anticipate that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be issued a $0.1017 dividend. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s payout ratio is 348.57%.

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.