Healthpeak Properties, Inc. $DOC Holdings Raised by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 70.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 63,838 shares of the real estate investment trust’s stock after acquiring an additional 26,447 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Healthpeak Properties were worth $1,366,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its holdings in shares of Healthpeak Properties by 7.3% during the first quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock worth $366,000 after purchasing an additional 1,231 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Healthpeak Properties by 110.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock valued at $2,463,000 after buying an additional 63,930 shares during the period. Woodline Partners LP grew its position in shares of Healthpeak Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock valued at $1,195,000 after buying an additional 17,279 shares during the last quarter. Brown Advisory Inc. grew its position in shares of Healthpeak Properties by 3.1% during the 2nd quarter. Brown Advisory Inc. now owns 46,770 shares of the real estate investment trust’s stock valued at $819,000 after buying an additional 1,415 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in Healthpeak Properties during the second quarter worth about $3,117,000. 93.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DOC shares. Mizuho raised their price target on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Morgan Stanley reiterated an “equal weight” rating and issued a $22.00 target price (up from $20.00) on shares of Healthpeak Properties in a research note on Thursday, June 11th. BMO Capital Markets upped their price target on shares of Healthpeak Properties from $20.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Wells Fargo & Company lifted 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 report on Wednesday, July 15th. Finally, Scotiabank boosted their target price on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 27th. Four investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, Healthpeak Properties currently has a consensus rating of “Hold” and an average price target of $21.72.

Healthpeak Properties Price Performance

Shares of DOC opened at $20.37 on Friday. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $22.95. The stock’s fifty day moving average is $21.45 and its 200-day moving average is $19.44. 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 firm has a market capitalization of $14.05 billion, a price-to-earnings ratio of 58.20, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05. The business had revenue of $771.58 million during 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 company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities analysts anticipate that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Announces Dividend

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. The ex-dividend date is Monday, September 14th. This represents a c) annualized dividend and a dividend yield of 6.0%. Healthpeak Properties’s dividend payout ratio (DPR) is 348.57%.

Healthpeak Properties Profile

Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, develops, leases and manages healthcare-related properties in the United States. The company focuses primarily on outpatient medical buildings, which are leased to healthcare providers, physician groups and other medical users.

Healthpeak’s portfolio also includes life science and senior housing properties, although its business has increasingly centered on outpatient medical real estate. Its properties are generally located in established healthcare markets and are designed to support services such as physician offices, specialty care, diagnostics and ambulatory treatment.

The company was formerly known as HCP, Inc and adopted the Healthpeak Properties name in 2019.