Physicians Realty Trust (NYSE:DOC) Director Tommy G. Thompson acquired 2,705 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was purchased at an average price of $18.46 per share, with a total value of $49,934.30. Following the completion of the acquisition, the director now directly owns 49,339 shares in the company, valued at approximately $910,797.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Physicians Realty Trust (NYSE:DOC) traded down $0.15 during midday trading on Thursday, hitting $16.59. The company had a trading volume of 1,293,709 shares, compared to its average volume of 1,370,884. Physicians Realty Trust has a 52-week low of $16.58 and a 52-week high of $21.85. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.59 and a current ratio of 1.59. The firm has a market cap of $2,980.00, a P/E ratio of 72.13, a price-to-earnings-growth ratio of 2.48 and a beta of 0.54.
Physicians Realty Trust (NYSE:DOC) last posted its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share (EPS) 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 firm had revenue of $93.00 million for the quarter, compared to analysts’ expectations of $90.21 million. During the same period in the previous year, the company earned $0.27 earnings per share. The company’s revenue was up 32.8% compared to the same quarter last year. sell-side analysts predict that Physicians Realty Trust will post 1.05 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 18th. Investors of record on Wednesday, January 3rd will be given a dividend of $0.23 per share. The ex-dividend date is Tuesday, January 2nd. This represents a $0.92 annualized dividend and a dividend yield of 5.55%. Physicians Realty Trust’s dividend payout ratio (DPR) is presently 400.00%.
A number of research firms have commented on DOC. Cantor Fitzgerald reaffirmed a “buy” rating and set a $21.00 price target on shares of Physicians Realty Trust in a research report on Wednesday, September 13th. Royal Bank of Canada reaffirmed a “buy” rating and set a $21.00 price objective on shares of Physicians Realty Trust in a research report on Wednesday, November 15th. KeyCorp upgraded Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a research note on Thursday, October 12th. Stifel Nicolaus reiterated a “buy” rating and set a $22.00 target price on shares of Physicians Realty Trust in a research report on Wednesday, October 4th. Finally, Jefferies Group reissued a “hold” rating and set a $19.00 price target (up from $18.00) on shares of Physicians Realty Trust in a report on Friday, September 22nd. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $20.25.
A number of hedge funds have recently added to or reduced their stakes in the business. Optimum Investment Advisors raised its holdings in Physicians Realty Trust by 0.4% in the 2nd quarter. Optimum Investment Advisors now owns 15,191 shares of the real estate investment trust’s stock valued at $306,000 after acquiring an additional 68 shares during the last quarter. Teacher Retirement System of Texas raised its holdings in Physicians Realty Trust by 1.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 11,997 shares of the real estate investment trust’s stock valued at $242,000 after acquiring an additional 203 shares during the last quarter. 1st Global Advisors Inc. raised its holdings in Physicians Realty Trust by 0.8% in the 2nd quarter. 1st Global Advisors Inc. now owns 28,334 shares of the real estate investment trust’s stock valued at $571,000 after acquiring an additional 236 shares during the last quarter. Ameritas Investment Partners Inc. raised its holdings in Physicians Realty Trust by 4.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,543 shares of the real estate investment trust’s stock valued at $273,000 after acquiring an additional 554 shares during the last quarter. Finally, Profund Advisors LLC raised its holdings in Physicians Realty Trust by 6.8% in the 2nd quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock valued at $233,000 after acquiring an additional 733 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.
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Physicians Realty Trust Company 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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