Y Intercept Hong Kong Ltd Raises Stock Holdings in Healthpeak Properties, Inc. $DOC

Y Intercept Hong Kong Ltd boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 7.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 46,324 shares of the real estate investment trust’s stock after buying an additional 3,199 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Healthpeak Properties were worth $811,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. TCTC Holdings LLC raised its position in Healthpeak Properties by 124.3% in the 1st quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 751 shares during the last quarter. Brooklyn Investment Group raised its position in Healthpeak Properties by 198.9% in the 1st quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 873 shares during the last quarter. Dagco Inc. bought a new stake in shares of Healthpeak Properties during the 1st quarter valued at about $30,000. AlphaQuest LLC bought a new stake in shares of Healthpeak Properties during the 2nd quarter valued at about $34,000. Finally, GKV Capital Management Co. Inc. bought a new stake in shares of Healthpeak Properties during the 1st quarter valued at about $36,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 0.8%

Shares of NYSE:DOC opened at $17.56 on Wednesday. The stock has a 50 day moving average of $18.39 and a 200 day moving average of $17.87. The company has a market cap of $12.20 billion, a PE ratio of -351.03, a price-to-earnings-growth ratio of 3.84 and a beta of 1.09. The company has a current ratio of 1.22, a quick ratio of 1.28 and a debt-to-equity ratio of 1.11. Healthpeak Properties, Inc. has a 12-month low of $16.63 and a 12-month high of $23.05.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The company had revenue of $705.87 million during the quarter, compared to the consensus estimate of $681.65 million. Healthpeak Properties had a negative return on equity of 0.44% and a negative net margin of 1.36%.The firm’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. As a group, equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be paid a dividend of $0.1017 per share. The ex-dividend date is Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. Healthpeak Properties’s payout ratio is -2,440.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on DOC shares. Cantor Fitzgerald started coverage on Healthpeak Properties in a research note on Wednesday, October 1st. They set a “neutral” rating and a $20.00 price target for the company. Raymond James Financial upgraded Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price target for the company in a research note on Monday, September 15th. Scotiabank downgraded Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and cut their price target for the company from $21.00 to $19.00 in a research note on Tuesday, July 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Healthpeak Properties in a research note on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $18.00 price target (down from $28.00) on shares of Healthpeak Properties in a research note on Wednesday, August 20th. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $20.91.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.