Cibc World Market Inc. Invests $4.88 Million in Healthpeak Properties, Inc. $DOC

Cibc World Market Inc. bought a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 255,000 shares of the real estate investment trust’s stock, valued at approximately $4,883,000.

Other large investors have also recently bought and sold shares of the company. Mather Group LLC. acquired a new position in Healthpeak Properties in the third quarter valued at $25,000. City Holding Co. purchased a new position in shares of Healthpeak Properties during the third quarter worth about $26,000. Rexford Capital Inc. acquired a new position in Healthpeak Properties in the 2nd quarter valued at about $28,000. Sound Income Strategies LLC acquired a new position in Healthpeak Properties in the 3rd quarter valued at about $28,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Healthpeak Properties during the 2nd quarter valued at approximately $32,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Price Performance

Shares of NYSE DOC opened at $16.70 on Friday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.82 and a current ratio of 2.82. Healthpeak Properties, Inc. has a one year low of $15.71 and a one year high of $21.28. The firm has a market capitalization of $11.60 billion, a P/E ratio of 166.97, a PEG ratio of 8.96 and a beta of 1.12. The company’s fifty day moving average is $16.79 and its two-hundred day moving average is $17.55.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. The business had revenue of $719.40 million during the quarter, compared to the consensus estimate of $685.14 million. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The business’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a c) annualized dividend and a dividend yield of 7.3%. Healthpeak Properties’s payout ratio is 1,220.00%.

Wall Street Analyst Weigh In

DOC has been the topic of several analyst reports. Argus downgraded Healthpeak Properties from a “buy” rating to a “hold” rating in a research note on Thursday, February 5th. Jefferies Financial Group lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating and lowered their price objective for the company from $21.00 to $17.00 in a research report on Monday, December 15th. Evercore cut their price objective on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Weiss Ratings raised shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Finally, Wells Fargo & Company reiterated a “positive” rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $19.42.

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.