State Board of Administration of Florida Retirement System Buys 16,130 Shares of Physicians Realty Trust (DOC)

State Board of Administration of Florida Retirement System lifted its holdings in Physicians Realty Trust (NYSE:DOC) by 45.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,499 shares of the real estate investment trust’s stock after purchasing an additional 16,130 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Physicians Realty Trust were worth $913,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DOC. Alliancebernstein L.P. grew its stake in shares of Physicians Realty Trust by 3.7% in the second quarter. Alliancebernstein L.P. now owns 288,816 shares of the real estate investment trust’s stock valued at $5,817,000 after acquiring an additional 10,257 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Physicians Realty Trust by 32.7% in the second quarter. Bank of Montreal Can now owns 52,166 shares of the real estate investment trust’s stock valued at $1,051,000 after acquiring an additional 12,845 shares in the last quarter. Loeb Partners Corp grew its stake in Physicians Realty Trust by 36.8% during the third quarter. Loeb Partners Corp now owns 22,300 shares of the real estate investment trust’s stock worth $396,000 after buying an additional 6,000 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Physicians Realty Trust by 11.5% during the first quarter. Schwab Charles Investment Management Inc. now owns 582,265 shares of the real estate investment trust’s stock worth $11,570,000 after buying an additional 60,006 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in Physicians Realty Trust by 16.7% during the second quarter. Rhumbline Advisers now owns 205,537 shares of the real estate investment trust’s stock worth $4,140,000 after buying an additional 29,372 shares in the last quarter. 94.90% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Jeffrey Theiler acquired 5,634 shares of the stock in a transaction that occurred on Wednesday, November 8th. The shares were acquired at an average cost of $17.76 per share, for a total transaction of $100,059.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.51% of the company’s stock.

Shares of Physicians Realty Trust (DOC) traded down $0.12 during trading hours on Monday, reaching $17.86. The company’s stock had a trading volume of 844,595 shares, compared to its average volume of 1,456,094. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.46. Physicians Realty Trust has a fifty-two week low of $17.25 and a fifty-two week high of $21.85. The company has a market cap of $3,222.35, a PE ratio of 17.12, a PEG ratio of 2.80 and a beta of 0.52.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings data 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). The company had revenue of $93.00 million for the quarter, compared to the consensus estimate of $90.21 million. Physicians Realty Trust had a net margin of 11.39% and a return on equity of 1.70%. Physicians Realty Trust’s revenue was up 32.8% on a year-over-year basis. During the same quarter last year, the business posted $0.27 earnings per share. equities research analysts forecast that Physicians Realty Trust will post 1.05 earnings per share for the current year.

DOC has been the topic of a number of analyst reports. Jefferies Group reiterated a “hold” rating and set a $19.00 price objective (up from $18.00) on shares of Physicians Realty Trust in a research note on Friday, September 22nd. Zacks Investment Research raised shares of Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 12th. KeyCorp reissued a “hold” rating on shares of Physicians Realty Trust in a report on Tuesday, September 12th. Stifel Nicolaus reiterated a “buy” rating and issued a $22.00 price objective on shares of Physicians Realty Trust in a report on Wednesday, October 4th. Finally, Cantor Fitzgerald reiterated a “buy” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a report on Tuesday, September 26th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Physicians Realty Trust presently has a consensus rating of “Buy” and a consensus price target of $20.50.

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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.

Institutional Ownership by Quarter for Physicians Realty Trust (NYSE:DOC)

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