Healthpeak Properties, Inc. $DOC Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 52.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. OneDigital Investment Advisors LLC increased its stake in shares of Healthpeak Properties by 3.3% during the second quarter. OneDigital Investment Advisors LLC now owns 15,376 shares of the real estate investment trust’s stock worth $329,000 after acquiring an additional 493 shares during the period. Clearstead Trust LLC lifted its position in Healthpeak Properties by 66.7% in the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 543 shares during the period. CX Institutional boosted its holdings in Healthpeak Properties by 6.1% in the 2nd quarter. CX Institutional now owns 11,003 shares of the real estate investment trust’s stock valued at $235,000 after purchasing an additional 633 shares in the last quarter. Fiduciary Trust Co boosted its holdings in Healthpeak Properties by 4.9% in the 3rd quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock valued at $264,000 after purchasing an additional 644 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its position in Healthpeak Properties by 1.9% during the 3rd quarter. Quadrant Capital Group LLC now owns 37,650 shares of the real estate investment trust’s stock worth $721,000 after purchasing an additional 718 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DOC. JPMorgan Chase & Co. increased 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. Evercore downgraded Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price target on the stock. in a research note on Monday, May 11th. Morgan Stanley reaffirmed an “equal weight” rating and set a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a report on Thursday, June 11th. Robert W. Baird increased their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Finally, Barclays initiated coverage on Healthpeak Properties in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 target price for the company. Four equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, Healthpeak Properties presently has an average rating of “Hold” and an average target price of $21.66.

Healthpeak Properties Price Performance

DOC stock opened at $21.62 on Tuesday. The firm has a 50 day moving average of $21.41 and a 200-day moving average of $19.07. The company has a market cap of $14.91 billion, a price-to-earnings ratio of 61.77, a PEG ratio of 2.50 and a beta of 1.01. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06. 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 quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share 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 business had revenue of $771.58 million for the quarter, compared to analysts’ expectations of $725.64 million. During the same quarter in the prior year, the firm posted $0.46 EPS. The company’s revenue was up 11.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, equities analysts expect that Healthpeak Properties, Inc. will post 1.77 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently announced 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) annualized dividend and a yield of 5.6%. Healthpeak Properties’s dividend payout ratio is 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.