MidWestOne Financial Group Inc. Has $1.67 Million Position in Healthpeak Properties, Inc. (NYSE:DOC)

MidWestOne Financial Group Inc. raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 20.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 82,295 shares of the real estate investment trust’s stock after acquiring an additional 13,719 shares during the quarter. MidWestOne Financial Group Inc.’s holdings in Healthpeak Properties were worth $1,668,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of DOC. Mizuho Bank Ltd. bought a new position in Healthpeak Properties during the fourth quarter worth about $28,000. Harvest Fund Management Co. Ltd acquired a new position in Healthpeak Properties in the 4th quarter valued at $30,000. Covestor Ltd increased its position in Healthpeak Properties by 173.8% during the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 1,152 shares during the period. Kestra Investment Management LLC acquired a new stake in Healthpeak Properties in the 4th quarter worth about $45,000. Finally, Kapitalo Investimentos Ltda acquired a new position in Healthpeak Properties in the 4th quarter valued at $46,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Price Performance

DOC stock opened at $17.49 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The company’s 50-day moving average is $18.68 and its 200-day moving average is $19.99. The stock has a market capitalization of $12.15 billion, a PE ratio of 49.97, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. Healthpeak Properties, Inc. has a 1 year low of $16.90 and a 1 year high of $23.26.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The firm had revenue of $702.89 million during the quarter, compared to analysts’ expectations of $690.76 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.45 earnings per share. Equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th will be paid a dividend of $0.1017 per share. The ex-dividend date is Monday, May 19th. This represents a yield of 7.05%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 305.00%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Evercore ISI lowered their target price on Healthpeak Properties from $23.00 to $21.00 and set an “outperform” rating for the company in a research note on Monday, April 28th. StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st. Wedbush dropped their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating for the company in a research note on Monday, April 28th. Scotiabank decreased their target price on shares of Healthpeak Properties from $23.00 to $21.00 and set a “sector outperform” rating on the stock in a research note on Monday, May 12th. Finally, Argus reiterated a “buy” rating and issued a $25.00 price target on shares of Healthpeak Properties in a research note on Tuesday, April 29th. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $23.45.

Insider Buying and Selling at Healthpeak Properties

In other news, Director John T. Thomas bought 4,200 shares of Healthpeak Properties stock in a transaction dated Monday, April 28th. The stock was purchased at an average price of $17.84 per share, for a total transaction of $74,928.00. Following the purchase, the director now directly owns 813,566 shares in the company, valued at $14,514,017.44. The trade was a 0.52% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Scott M. Brinker acquired 11,337 shares of Healthpeak Properties stock in a transaction on Monday, April 28th. The stock was acquired at an average price of $17.68 per share, with a total value of $200,438.16. Following the purchase, the chief executive officer now directly owns 201,863 shares in the company, valued at approximately $3,568,937.84. This trade represents a 5.95% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 23,987 shares of company stock worth $422,141. 0.23% of the stock is owned by corporate insiders.

Healthpeak Properties Profile

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.