Healthpeak Properties, Inc. $DOC Shares Sold by MidWestOne Financial Group Inc.

MidWestOne Financial Group Inc. reduced its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 79.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,015 shares of the real estate investment trust’s stock after selling 176,940 shares during the period. MidWestOne Financial Group Inc.’s holdings in Healthpeak Properties were worth $862,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Mather Group LLC. acquired a new stake in Healthpeak Properties in the 3rd quarter valued at about $25,000. City Holding Co. purchased a new stake in shares of Healthpeak Properties in the third quarter valued at approximately $26,000. Rexford Capital Inc. acquired a new stake in shares of Healthpeak Properties in the second quarter valued at approximately $28,000. Sound Income Strategies LLC acquired a new stake in shares of Healthpeak Properties in the third quarter valued at approximately $28,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in Healthpeak Properties during the second quarter worth approximately $32,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Up 2.5%

Shares of DOC opened at $16.70 on Friday. The company’s 50-day moving average price is $16.79 and its 200 day moving average price is $17.55. Healthpeak Properties, Inc. has a 12-month low of $15.71 and a 12-month high of $21.28. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21. The firm has a market cap of $11.60 billion, a P/E ratio of 166.97, a price-to-earnings-growth ratio of 8.96 and a beta of 1.12.

Healthpeak Properties (NYSE:DOC) last announced its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the consensus estimate 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 was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a $0.1017 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a c) dividend on an annualized basis and a yield of 7.3%. Healthpeak Properties’s payout ratio is presently 1,220.00%.

Analyst Ratings Changes

DOC has been the subject of several analyst reports. The Goldman Sachs Group began coverage on Healthpeak Properties in a report on Friday, January 9th. They issued a “neutral” rating and a $17.00 target price for the company. Robert W. Baird lowered their price target on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Jefferies Financial Group cut shares of Healthpeak Properties from a “buy” rating to a “hold” rating and cut their price objective for the stock from $21.00 to $17.00 in a research report on Monday, December 15th. Wells Fargo & Company reaffirmed a “positive” rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Finally, Wall Street Zen raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Healthpeak Properties currently has a consensus rating of “Hold” and an average price target of $19.42.

About Healthpeak Properties

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.