Caprock Group LLC Acquires Shares of 32,655 Healthpeak Properties, Inc. $DOC

Caprock Group LLC acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 32,655 shares of the real estate investment trust’s stock, valued at approximately $586,000.

Several other hedge funds have also recently made changes to their positions in DOC. Mather Group LLC. purchased a new position in Healthpeak Properties in the third quarter worth about $25,000. City Holding Co. bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at approximately $26,000. Rexford Capital Inc. purchased a new position in shares of Healthpeak Properties in the 2nd quarter worth approximately $28,000. Sound Income Strategies LLC bought a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $28,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Healthpeak Properties during the 2nd quarter valued at $32,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Up 2.5%

Shares of Healthpeak Properties stock opened at $16.70 on Tuesday. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21. The company has a market cap of $11.60 billion, a P/E ratio of 166.97, a PEG ratio of 8.96 and a beta of 1.12. The firm’s 50 day moving average price is $16.79 and its 200-day moving average price is $17.55. Healthpeak Properties, Inc. has a 52-week low of $15.71 and a 52-week high of $21.28.

Healthpeak Properties (NYSE:DOC) last announced its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.02. The company 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%. Healthpeak Properties’s revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have weighed in on DOC shares. Evercore cut their price objective on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Robert W. Baird dropped their price target on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, November 12th. Cantor Fitzgerald set a $17.00 price objective on shares of Healthpeak Properties in a research report on Monday, January 5th. Jefferies Financial Group lowered Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their target price for the company from $21.00 to $17.00 in a research report on Monday, December 15th. Finally, Wells Fargo & Company reaffirmed a “positive” rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $19.42.

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.