Healthpeak Properties, Inc. $DOC Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 3.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,809,075 shares of the real estate investment trust’s stock after buying an additional 61,833 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.26% of Healthpeak Properties worth $31,677,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Aviva PLC boosted its position in Healthpeak Properties by 6.6% during the second quarter. Aviva PLC now owns 593,721 shares of the real estate investment trust’s stock worth $10,396,000 after acquiring an additional 36,603 shares during the last quarter. Fox Run Management L.L.C. lifted its position in Healthpeak Properties by 55.6% during the second quarter. Fox Run Management L.L.C. now owns 46,515 shares of the real estate investment trust’s stock worth $814,000 after buying an additional 16,628 shares in the last quarter. Metis Global Partners LLC boosted its stake in Healthpeak Properties by 8.6% during the second quarter. Metis Global Partners LLC now owns 226,429 shares of the real estate investment trust’s stock worth $3,965,000 after buying an additional 17,990 shares during the last quarter. Penserra Capital Management LLC grew its holdings in Healthpeak Properties by 17.5% in the 2nd quarter. Penserra Capital Management LLC now owns 79,905 shares of the real estate investment trust’s stock valued at $1,399,000 after buying an additional 11,906 shares in the last quarter. Finally, Harvest Portfolios Group Inc. raised its stake in Healthpeak Properties by 17.3% during the second quarter. Harvest Portfolios Group Inc. now owns 91,539 shares of the real estate investment trust’s stock worth $1,603,000 after purchasing an additional 13,519 shares during the period. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Price Performance

Shares of DOC opened at $17.91 on Wednesday. The company has a market cap of $12.45 billion, a P/E ratio of -358.13, a PEG ratio of 3.84 and a beta of 1.10. Healthpeak Properties, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $22.71. The company has a quick ratio of 1.28, a current ratio of 1.22 and a debt-to-equity ratio of 1.11. The firm’s 50 day moving average price is $18.38 and its 200 day moving average price is $17.84.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. The business had revenue of $705.87 million during the quarter, compared to the consensus estimate of $681.65 million. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. On average, research analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th will be issued a dividend of $0.1017 per share. The ex-dividend date is Friday, December 19th. This represents a c) annualized dividend and a yield of 6.8%. Healthpeak Properties’s dividend payout ratio is -2,440.00%.

Wall Street Analyst Weigh In

A number of research firms recently commented on DOC. Scotiabank cut Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and decreased their price objective for the company from $21.00 to $19.00 in a report on Tuesday, July 29th. Raymond James Financial raised Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a research report on Monday, September 15th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Healthpeak Properties in a research report on Wednesday, October 8th. Morgan Stanley dropped their price target on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Finally, Wells Fargo & Company decreased their price objective on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 27th. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $20.91.

About Healthpeak Properties

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.