Healthpeak Properties, Inc. $DOC Stock Position Lifted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 52.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 80,167 shares of the real estate investment trust’s stock after buying an additional 27,639 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Healthpeak Properties were worth $1,716,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Clearstead Trust LLC grew its holdings in shares of 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 acquiring an additional 543 shares in the last quarter. Advocate Investing Services LLC purchased a new stake in shares of Healthpeak Properties during the fourth quarter worth $26,000. CYBER HORNET ETFs LLC acquired a new stake in Healthpeak Properties during the second quarter valued at $33,000. Clearstead Advisors LLC increased its position in 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 worth $31,000 after purchasing an additional 1,216 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of Healthpeak Properties during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 1.8%

Shares of NYSE:DOC opened at $20.65 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.02 and a current ratio of 3.02. The stock’s 50-day moving average is $21.55 and its 200-day moving average is $19.33. The company has a market cap of $14.24 billion, a P/E ratio of 59.00, a P/E/G ratio of 2.59 and a beta of 1.01. Healthpeak Properties, Inc. has a 52-week low of $15.70 and a 52-week high of $22.95.

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

Healthpeak Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) dividend on an annualized basis and a yield of 5.9%. Healthpeak Properties’s dividend payout ratio is 348.57%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DOC shares. Evercore cut Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price target for the company. in a research note on Monday, May 11th. Cantor Fitzgerald increased their price target on shares of Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Mizuho lifted their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Barclays increased their target price on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $21.72.

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.