Terra Nova Asset Management LLC decreased its stake in shares of Physicians Realty Trust (NYSE:DOC) by 43.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,900 shares of the real estate investment trust’s stock after selling 20,518 shares during the period. Terra Nova Asset Management LLC’s holdings in Physicians Realty Trust were worth $565,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Credit Agricole S A boosted its position in Physicians Realty Trust by 46.0% in the first quarter. Credit Agricole S A now owns 37,615 shares of the real estate investment trust’s stock valued at $699,000 after buying an additional 11,860 shares during the last quarter. M&T Bank Corp bought a new position in Physicians Realty Trust during the first quarter valued at $213,000. Brookfield Asset Management Inc. bought a new position in Physicians Realty Trust during the first quarter valued at $63,598,000. BlackRock Japan Co. Ltd boosted its position in Physicians Realty Trust by 23.4% in the first quarter. BlackRock Japan Co. Ltd now owns 5,616 shares of the real estate investment trust’s stock valued at $104,000 after buying an additional 1,066 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. boosted its position in Physicians Realty Trust by 27.6% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 3,065,358 shares of the real estate investment trust’s stock valued at $56,954,000 after buying an additional 663,301 shares during the last quarter. 94.08% of the stock is owned by institutional investors.

Physicians Realty Trust (NYSE:DOC) traded up 2.05% during midday trading on Wednesday, hitting $21.41. 2,194,316 shares of the stock traded hands. The firm has a market cap of $2.87 billion, a P/E ratio of 109.23 and a beta of 0.57. Physicians Realty Trust has a 12-month low of $14.68 and a 12-month high of $22.03. The company’s 50-day moving average is $21.00 and its 200 day moving average is $19.81.

Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings data on Wednesday, August 3rd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by $0.01. Physicians Realty Trust had a net margin of 11.73% and a return on equity of 1.59%. The firm earned $53.20 million during the quarter, compared to analysts’ expectations of $50.82 million. During the same period in the prior year, the company posted $0.18 EPS. The company’s revenue for the quarter was up 79.3% compared to the same quarter last year. On average, analysts anticipate that Physicians Realty Trust will post $1.03 EPS for the current fiscal year.

DOC has been the subject of a number of recent research reports. Raymond James Financial Inc. cut shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, September 2nd. Citigroup Inc. cut shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, September 2nd. They noted that the move was a valuation call. BTIG Research initiated coverage on shares of Physicians Realty Trust in a research note on Thursday, August 25th. They issued a “buy” rating and a $25.00 price objective for the company. SunTrust Banks Inc. lifted their price objective on shares of Physicians Realty Trust from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, August 4th. Finally, Wunderlich lifted their price objective on shares of Physicians Realty Trust from $19.50 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $20.21.

In related news, insider John T. Thomas sold 15,000 shares of the company’s stock in a transaction dated Thursday, September 8th. The shares were sold at an average price of $21.79, for a total value of $326,850.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

About Physicians Realty Trust

Physicians Realty Trust is a healthcare real estate company. The Company is engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company’s portfolio includes approximately 150 properties located in approximately 30 states with approximately 5,799,340 net leasable square feet.

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