Zurcher Kantonalbank Zurich Cantonalbank Raises Holdings in Physicians Realty Trust (DOC)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in Physicians Realty Trust (NYSE:DOC) by 300.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,836 shares of the real estate investment trust’s stock after buying an additional 46,409 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Physicians Realty Trust were worth $963,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DOC. Afam Capital Inc. raised its stake in shares of Physicians Realty Trust by 13.0% during the fourth quarter. Afam Capital Inc. now owns 127,404 shares of the real estate investment trust’s stock worth $2,292,000 after purchasing an additional 14,688 shares during the last quarter. Swiss National Bank raised its stake in shares of Physicians Realty Trust by 1.9% during the fourth quarter. Swiss National Bank now owns 302,706 shares of the real estate investment trust’s stock worth $5,446,000 after purchasing an additional 5,700 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Physicians Realty Trust by 319.6% during the fourth quarter. Teacher Retirement System of Texas now owns 61,380 shares of the real estate investment trust’s stock worth $1,104,000 after purchasing an additional 46,753 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Physicians Realty Trust by 6.4% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 868,856 shares of the real estate investment trust’s stock worth $15,631,000 after purchasing an additional 52,216 shares during the last quarter. Finally, Cbre Clarion Securities LLC purchased a new stake in shares of Physicians Realty Trust during the fourth quarter worth approximately $46,085,000. Institutional investors own 93.01% of the company’s stock.

In other Physicians Realty Trust news, Director Tommy G. Thompson acquired 13,650 shares of the company’s stock in a transaction that occurred on Tuesday, March 6th. The shares were purchased at an average price of $14.71 per share, with a total value of $200,791.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.51% of the company’s stock.

Several equities research analysts have recently commented on the company. SunTrust Banks set a $18.00 price target on Physicians Realty Trust and gave the stock a “hold” rating in a research note on Monday, January 22nd. Zacks Investment Research cut Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Cantor Fitzgerald restated a “buy” rating and set a $18.00 price target on shares of Physicians Realty Trust in a research note on Monday, May 7th. Morgan Stanley cut their price target on Physicians Realty Trust from $18.00 to $16.50 and set an “equal weight” rating for the company in a research note on Tuesday, March 20th. Finally, Bank of America cut their price target on Physicians Realty Trust from $19.50 to $18.00 and set a “buy” rating for the company in a research note on Thursday, March 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the stock. Physicians Realty Trust presently has an average rating of “Buy” and an average target price of $18.04.

Shares of Physicians Realty Trust opened at $14.54 on Friday, Marketbeat reports. Physicians Realty Trust has a 1-year low of $14.13 and a 1-year high of $21.85. The firm has a market cap of $2.66 billion, a P/E ratio of 14.18, a price-to-earnings-growth ratio of 3.06 and a beta of 0.46. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.63.

Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings data on Friday, May 4th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.21). Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.46%. The business had revenue of $105.20 million for the quarter, compared to analyst estimates of $101.70 million. During the same period in the prior year, the company earned $0.28 EPS. The company’s revenue was up 37.2% on a year-over-year basis. equities analysts predict that Physicians Realty Trust will post 1.1 EPS for the current fiscal year.

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

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