Marks Group Wealth Management Inc Buys New Shares in Healthpeak Properties, Inc. $DOC

Marks Group Wealth Management Inc purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, Holdings Channel reports. The firm purchased 79,564 shares of the real estate investment trust’s stock, valued at approximately $1,524,000.

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DOC shares. Argus cut shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a research note on Thursday, February 5th. Wall Street Zen raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Evercore reduced their price objective on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings upgraded Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Finally, Cantor Fitzgerald set a $17.00 target price on Healthpeak Properties in a report on Monday, January 5th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Healthpeak Properties presently has a consensus rating of “Hold” and an average price target of $19.42.

Healthpeak Properties Price Performance

Shares of Healthpeak Properties stock opened at $17.28 on Tuesday. The company’s fifty day simple moving average is $16.84 and its two-hundred day simple moving average is $17.55. Healthpeak Properties, Inc. has a 12-month low of $15.71 and a 12-month high of $21.28. The firm has a market cap of $12.01 billion, a PE ratio of 172.77, a price-to-earnings-growth ratio of 9.12 and a beta of 1.12. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.02. The company had revenue of $719.40 million during the quarter, compared to analyst estimates 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 for the quarter was up 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. As a group, equities analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a $0.1017 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio (DPR) is currently 1,220.00%.

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.