Massachusetts Financial Services Co. MA Purchases 2,883,382 Shares of Healthpeak Properties, Inc. $DOC

Massachusetts Financial Services Co. MA grew its position in shares of Healthpeak Properties, Inc. (NYSE:DOCFree Report) by 214.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,230,551 shares of the real estate investment trust’s stock after purchasing an additional 2,883,382 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.61% of Healthpeak Properties worth $98,050,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DOC. Advocate Investing Services LLC acquired a new position in Healthpeak Properties during the 4th quarter worth about $26,000. WPG Advisers LLC lifted its stake in Healthpeak Properties by 270.2% in the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,197 shares during the period. CYBER HORNET ETFs LLC bought a new position in Healthpeak Properties during the second quarter worth $33,000. Clearstead Advisors LLC boosted 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 worth $31,000 after purchasing an additional 1,216 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in Healthpeak Properties in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Wells Fargo & Company raised their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Royal Bank Of Canada boosted their target price on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. BMO Capital Markets increased 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. JPMorgan Chase & Co. lifted their price objective on shares of Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Finally, Evercore lowered shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 target price for the company. in a research note on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, Healthpeak Properties has an average rating of “Hold” and a consensus price target of $21.44.

Get Our Latest Research Report on Healthpeak Properties

Healthpeak Properties Stock Down 0.1%

DOC opened at $20.78 on Friday. The company’s 50-day moving average price is $21.33 and its two-hundred day moving average price is $18.90. Healthpeak Properties, Inc. has a twelve month low of $15.70 and a twelve month high of $22.95. The stock has a market cap of $14.33 billion, a price-to-earnings ratio of 59.38, a PEG ratio of 3.20 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 (NYSE:DOCGet Free Report) last released its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.The business had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. During the same period last year, the business posted $0.46 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, equities analysts expect that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 14th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) annualized dividend and a yield of 5.9%. Healthpeak Properties’s dividend payout ratio (DPR) is 348.57%.

Healthpeak Properties Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Healthpeak Properties (NYSE:DOC)

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