Northwestern Mutual Wealth Management Co. Increases Stock Position in Healthpeak Properties, Inc. $DOC

Northwestern Mutual Wealth Management Co. grew its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 52.6% during the 2nd quarter, Holdings Channel reports. The firm owned 80,167 shares of the real estate investment trust’s stock after buying an additional 27,639 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Healthpeak Properties were worth $1,716,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC grew its holdings in Healthpeak Properties by 7.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 1,231 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Healthpeak Properties by 110.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock worth $2,463,000 after acquiring an additional 63,930 shares during the last quarter. Woodline Partners LP raised its holdings in shares of Healthpeak Properties by 41.3% in the first quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock worth $1,195,000 after acquiring an additional 17,279 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of Healthpeak Properties by 3.1% in the second quarter. Brown Advisory Inc. now owns 46,770 shares of the real estate investment trust’s stock valued at $819,000 after acquiring an additional 1,415 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Healthpeak Properties in the second quarter valued at $3,117,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $21.62 on Tuesday. The company has a market cap of $14.91 billion, a P/E ratio of 61.77, a P/E/G ratio of 2.50 and a beta of 1.01. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06. Healthpeak Properties, Inc. has a 52 week low of $15.70 and a 52 week high of $22.95. The business has a fifty day simple moving average of $21.41 and a 200-day simple moving average of $19.07.

Healthpeak Properties (NYSE:DOC) last released its 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. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.The firm had revenue of $771.58 million during the quarter, compared to analyst estimates of $725.64 million. During the same period in the prior year, the firm posted $0.46 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities research analysts forecast that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. BMO Capital Markets lifted their price objective on Healthpeak Properties from $20.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. UBS Group upped their target price on shares of Healthpeak Properties from $19.00 to $21.50 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Cantor Fitzgerald raised their price target on shares of Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Wells Fargo & Company lifted their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 15th. Finally, Robert W. Baird boosted their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Four analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $21.66.

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.