Thrivent Financial For Lutherans cut its holdings in shares of Physicians Realty Trust (NYSE:DOC) by 11.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 475,710 shares of the real estate investment trust’s stock after selling 58,730 shares during the quarter. Thrivent Financial For Lutherans owned about 0.27% of Physicians Realty Trust worth $8,558,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of DOC. Nisa Investment Advisors LLC boosted its holdings in Physicians Realty Trust by 355.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,280 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 4,900 shares during the last quarter. Cypress Wealth Services LLC acquired a new position in Physicians Realty Trust in the 4th quarter valued at about $180,000. Greenwood Capital Associates LLC acquired a new position in Physicians Realty Trust in the 4th quarter valued at about $194,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Physicians Realty Trust by 37.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,427 shares of the real estate investment trust’s stock valued at $278,000 after purchasing an additional 4,214 shares during the last quarter. Finally, B. Riley Financial Inc. acquired a new position in Physicians Realty Trust in the 3rd quarter valued at about $313,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Robert W. Baird set a $17.00 price target on shares of Physicians Realty Trust and gave the company a “buy” rating in a research note on Friday, March 2nd. Morgan Stanley reduced their price target on shares of Physicians Realty Trust from $18.00 to $16.50 and set an “equal weight” rating on the stock in a research note on Tuesday, March 20th. B. Riley set a $17.50 target price on shares of Physicians Realty Trust and gave the stock a “buy” rating in a research note on Thursday, March 1st. Finally, BMO Capital Markets set a $19.00 target price on shares of Physicians Realty Trust and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Physicians Realty Trust currently has an average rating of “Buy” and an average target price of $18.46.
Shares of Physicians Realty Trust stock opened at $15.36 on Friday. Physicians Realty Trust has a 12-month low of $14.13 and a 12-month high of $21.85. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $2,808.17, a PE ratio of 14.77, a P/E/G ratio of 3.03 and a beta of 0.46.
Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Wednesday, February 28th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The business had revenue of $97.30 million during the quarter, compared to analysts’ expectations of $98.56 million. Physicians Realty Trust had a net margin of 11.04% and a return on equity of 1.63%. The company’s revenue for the quarter was up 32.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 EPS. research analysts expect that Physicians Realty Trust will post 1.13 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 18th. Investors of record on Tuesday, April 3rd will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date is Monday, April 2nd. Physicians Realty Trust’s dividend payout ratio is currently 88.46%.
In other Physicians Realty Trust news, Director Tommy G. Thompson purchased 13,650 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The stock was purchased at an average price of $14.71 per share, for a total transaction of $200,791.50. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 0.51% of the stock is owned by corporate insiders.
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About Physicians Realty Trust
Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare.
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