Denver, Colorado-based Healthpeak Properties, Inc. (DOC) is a fully integrated real estate investment trust (REIT). Valued at a market cap of $11.7 billion, the company owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery.
This healthcare REIT has considerably underperformed the broader market over the past 52 weeks. Shares of DOC have declined 20% over this time frame, while the broader S&P 500 Index ($SPX) has gained 21.1%. Moreover, on a YTD basis, the stock is down 16.2%, compared to SPX’s 7.9% uptick.
