36,842 Shares of Healthpeak Properties, Inc. $DOC Acquired by Cim Investment Management Inc.

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

Other large investors also recently modified their holdings of the company. Clearstead Trust LLC raised its holdings in shares of Healthpeak Properties by 66.7% in the 2nd quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 543 shares during the period. Security National Bank of SO Dak purchased a new stake in Healthpeak Properties in the second quarter worth $32,000. Markowski Investments bought a new stake in shares of Healthpeak Properties in the second quarter valued at $38,000. Clearstead Advisors LLC lifted its position in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 1,216 shares during the last quarter. Finally, First Bancorp Inc ME bought a new position in shares of Healthpeak Properties during the 2nd quarter worth $43,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Price Performance

NYSE:DOC traded up $0.01 during mid-day trading on Tuesday, hitting $20.11. 4,541,168 shares of the stock traded hands, compared to its average volume of 7,879,483. The business’s 50-day moving average price is $21.08 and its 200 day moving average price is $19.69. 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 cap of $13.87 billion, a PE ratio of 57.46, a price-to-earnings-growth ratio of 2.50 and a beta of 1.01. Healthpeak Properties, Inc. has a 12-month low of $15.70 and a 12-month high of $22.95.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. The firm had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, analysts expect that Healthpeak Properties, Inc. will post 1.77 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 14th were paid a $0.1017 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Monday, September 14th. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DOC. UBS Group boosted their price objective on Healthpeak Properties from $19.00 to $21.50 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Raymond James Financial assumed coverage on shares of Healthpeak Properties in a research note on Wednesday, June 17th. They set a “market perform” rating on the stock. Barclays raised their price objective on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Monday, August 31st. JPMorgan Chase & Co. increased their target price on Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Finally, BMO Capital Markets lifted their price target on Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Four analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $22.10.

Healthpeak Properties Company 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.