36,842 Shares in Healthpeak Properties, Inc. $DOC Bought by Cim Investment Management Inc.

Cim Investment Management Inc. bought a new position in Healthpeak Properties, Inc. (NYSE:DOC) during the second quarter, according to its most recent filing with the SEC. The firm bought 36,842 shares of the real estate investment trust’s stock, valued at approximately $788,000.

Several other hedge funds have also bought and sold shares of the business. OneDigital Investment Advisors LLC raised its holdings in 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 buying an additional 493 shares during the last quarter. Clearstead Trust LLC grew its holdings 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 valued at $29,000 after buying an additional 543 shares during the last quarter. CX Institutional grew its holdings in shares of Healthpeak Properties by 6.1% during the second quarter. CX Institutional now owns 11,003 shares of the real estate investment trust’s stock valued at $235,000 after buying an additional 633 shares during the last quarter. Quantum Portfolio Management LLC increased its position in shares of Healthpeak Properties by 2.5% during the first quarter. Quantum Portfolio Management LLC now owns 29,372 shares of the real estate investment trust’s stock worth $483,000 after acquiring an additional 728 shares in the last quarter. Finally, Intrua Financial LLC increased its position in shares of Healthpeak Properties by 1.1% during the first quarter. Intrua Financial LLC now owns 66,702 shares of the real estate investment trust’s stock worth $1,096,000 after acquiring an additional 744 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

DOC has been the topic of several recent research reports. 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. Raymond James Financial initiated coverage on Healthpeak Properties in a report on Wednesday, June 17th. They set a “market perform” rating for the company. Mizuho raised their target price on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Wells Fargo & Company lifted their target price on 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, Citigroup upped their price target on Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat.com, Healthpeak Properties currently has an average rating of “Hold” and an average price target of $22.10.

Healthpeak Properties Stock Up 0.1%

DOC stock traded up $0.01 during trading on Tuesday, reaching $20.11. The stock had a trading volume of 4,541,168 shares, compared to its average volume of 7,879,483. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $13.87 billion, a price-to-earnings ratio of 57.46, a P/E/G ratio of 2.50 and a beta of 1.01. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $22.95. The company’s 50 day moving average is $21.08 and its two-hundred day moving average is $19.69.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. The firm had revenue of $771.58 million for the quarter, compared to analysts’ expectations 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 last year, the firm earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities research analysts forecast that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 14th were given a $0.1017 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $1.22 annualized dividend and a yield of 6.1%. Healthpeak Properties’s payout ratio is currently 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. Its portfolio primarily includes outpatient medical office buildings, life science facilities and other properties designed to support healthcare providers, researchers and related businesses.

The company’s outpatient medical office properties are generally located near hospitals and health systems and accommodate physicians, specialty clinics, ambulatory services and other healthcare users.