OLD National Bancorp IN Boosts Holdings in Healthpeak Properties, Inc. $DOC

OLD National Bancorp IN raised its position in Healthpeak Properties, Inc. (NYSE:DOC) by 48.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 417,783 shares of the real estate investment trust’s stock after purchasing an additional 137,198 shares during the period. OLD National Bancorp IN’s holdings in Healthpeak Properties were worth $6,864,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in DOC. Advocate Investing Services LLC bought a new stake in Healthpeak Properties during the fourth quarter valued at $26,000. WPG Advisers LLC raised its holdings in shares of Healthpeak Properties by 270.2% in the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 1,197 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Healthpeak Properties in the 2nd quarter valued at about $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 valued at $31,000 after acquiring an additional 1,216 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new stake in shares of Healthpeak Properties during the 4th quarter valued at about $31,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Healthpeak Properties

In other Healthpeak Properties news, insider Scott R. Bohn sold 10,989 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total transaction of $213,736.05. Following the transaction, the insider directly owned 7,636 shares in the company, valued at $148,520.20. This trade represents a 59.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DOC has been the topic of several research analyst reports. Scotiabank upped their price objective on shares of Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. JPMorgan Chase & Co. boosted their price target on shares of Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday. Wells Fargo & Company increased their price target on shares of Healthpeak Properties from $18.00 to $20.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Finally, Evercore lowered shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price target on the stock. in a report on Monday, May 11th. Three research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $19.93.

Healthpeak Properties Trading Up 1.3%

Shares of DOC stock opened at $21.51 on Friday. The business has a 50-day moving average price of $19.06 and a two-hundred day moving average price of $17.66. Healthpeak Properties, Inc. has a 12-month low of $15.70 and a 12-month high of $21.56. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.15. The firm has a market cap of $14.83 billion, a P/E ratio of 67.22, a price-to-earnings-growth ratio of 3.31 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, beating the consensus estimate of $0.43 by $0.02. The firm had revenue of $752.95 million for the quarter, compared to analyst estimates of $694.59 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.The company’s revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Equities analysts anticipate that Healthpeak Properties, Inc. will post 1.75 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 15th were paid a $0.1017 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a c) annualized dividend and a yield of 5.7%. Healthpeak Properties’s dividend payout ratio is currently 381.25%.

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.