Sfmg LLC boosted its position in shares of Physicians Realty Trust (NYSE:DOC) by 6.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,390 shares of the real estate investment trust’s stock after buying an additional 5,740 shares during the period. Sfmg LLC’s holdings in Physicians Realty Trust were worth $1,585,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Physicians Realty Trust by 12.8% during the second quarter. Vanguard Group Inc. now owns 26,712,583 shares of the real estate investment trust’s stock valued at $537,992,000 after buying an additional 3,033,019 shares during the last quarter. BlackRock Inc. raised its position in Physicians Realty Trust by 1.9% during the second quarter. BlackRock Inc. now owns 14,519,268 shares of the real estate investment trust’s stock valued at $292,418,000 after purchasing an additional 271,896 shares during the period. Principal Financial Group Inc. raised its position in Physicians Realty Trust by 2.9% during the third quarter. Principal Financial Group Inc. now owns 8,975,689 shares of the real estate investment trust’s stock valued at $159,139,000 after purchasing an additional 250,054 shares during the period. Lord Abbett & CO. LLC raised its position in Physicians Realty Trust by 2.1% during the second quarter. Lord Abbett & CO. LLC now owns 3,777,212 shares of the real estate investment trust’s stock valued at $76,073,000 after purchasing an additional 79,439 shares during the period. Finally, Northern Trust Corp raised its position in Physicians Realty Trust by 48.2% during the second quarter. Northern Trust Corp now owns 3,568,761 shares of the real estate investment trust’s stock valued at $71,875,000 after purchasing an additional 1,160,704 shares during the period. 93.66% of the stock is owned by institutional investors.
Shares of Physicians Realty Trust (NYSE DOC) traded up $0.02 during midday trading on Wednesday, hitting $18.19. The stock had a trading volume of 1,243,500 shares, compared to its average volume of 1,476,126. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.59 and a current ratio of 1.59. Physicians Realty Trust has a 12-month low of $17.25 and a 12-month high of $21.85. The stock has a market capitalization of $3,240.00, a P/E ratio of 17.31, a price-to-earnings-growth ratio of 2.47 and a beta of 0.54.
Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). Physicians Realty Trust had a return on equity of 1.70% and a net margin of 11.39%. The business had revenue of $93.00 million during the quarter, compared to analysts’ expectations of $90.21 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 32.8% compared to the same quarter last year. research analysts expect that Physicians Realty Trust will post 1.05 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Tuesday, October 3rd were issued a $0.23 dividend. The ex-dividend date was Monday, October 2nd. This represents a $0.92 annualized dividend and a dividend yield of 5.06%. Physicians Realty Trust’s payout ratio is 400.00%.
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A number of brokerages have issued reports on DOC. Royal Bank Of Canada restated a “buy” rating and set a $21.00 price objective on shares of Physicians Realty Trust in a research report on Wednesday, September 13th. B. Riley restated a “buy” rating on shares of Physicians Realty Trust in a research report on Wednesday, November 1st. Morgan Stanley upgraded Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price objective on the stock in a research report on Monday, July 24th. Capital One Financial Corporation began coverage on Physicians Realty Trust in a research report on Monday, September 25th. They set an “equal weight” rating and a $19.50 price objective on the stock. Finally, Cantor Fitzgerald upped their price objective on Physicians Realty Trust from $20.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, November 7th. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $20.50.
In other news, insider Jeffrey Theiler acquired 5,634 shares of Physicians Realty Trust stock in a transaction on Wednesday, November 8th. The shares were bought at an average cost of $17.76 per share, for a total transaction of $100,059.84. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.51% of the company’s stock.
Physicians Realty Trust Profile
Physicians Realty Trust (the Trust) is a real estate investment trust. Physicians Realty L.P. is the operating partnership of the Trust. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.
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