Evergreen Capital Management LLC Invests $544,000 in Healthpeak Properties, Inc. $DOC

Evergreen Capital Management LLC acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 33,815 shares of the real estate investment trust’s stock, valued at approximately $544,000.

Other hedge funds have also made changes to their positions in the company. Mather Group LLC. acquired a new position in Healthpeak Properties in the third quarter valued at $25,000. City Holding Co. acquired a new position in Healthpeak Properties in the third quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new position in Healthpeak Properties in the second quarter valued at $33,000. Wiser Advisor Group LLC acquired a new position in Healthpeak Properties in the third quarter valued at $38,000. Finally, AlphaQuest LLC boosted its holdings in Healthpeak Properties by 49.2% in the third quarter. AlphaQuest LLC now owns 2,864 shares of the real estate investment trust’s stock valued at $55,000 after acquiring an additional 944 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DOC. The Goldman Sachs Group began coverage on Healthpeak Properties in a report on Friday, January 9th. They issued a “neutral” rating and a $17.00 target price on the stock. Evercore reduced their target price on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Argus cut Healthpeak Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 5th. Weiss Ratings upgraded Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Finally, Scotiabank upgraded Healthpeak Properties to a “hold” rating in a report on Thursday. Six research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Healthpeak Properties currently has an average rating of “Hold” and a consensus price target of $19.04.

Healthpeak Properties Trading Up 0.1%

NYSE:DOC opened at $16.43 on Friday. The business’s 50-day moving average is $17.01 and its two-hundred day moving average is $17.22. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 2.82. Healthpeak Properties, Inc. has a 12 month low of $15.71 and a 12 month high of $19.68. The firm has a market capitalization of $11.42 billion, a PE ratio of 164.28, a price-to-earnings-growth ratio of 2.26 and a beta of 1.10.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $0.47 EPS for the quarter, beating the consensus estimate of $0.45 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The company had revenue of $719.40 million for the quarter, compared to analyst estimates of $685.14 million. During the same period last year, the company posted $0.46 earnings per share. The firm’s revenue was up 3.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Research analysts predict that Healthpeak Properties, Inc. will post 1.74 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be given a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Monday, June 15th. Healthpeak Properties’s payout ratio is presently 1,220.00%.

Healthpeak Properties Company 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.