Physicians Realty Trust (DOC) Holdings Trimmed by Janus Henderson Group PLC
Janus Henderson Group PLC lowered its holdings in shares of Physicians Realty Trust (NYSE:DOC) by 12.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,444,157 shares of the real estate investment trust’s stock after selling 349,211 shares during the period. Janus Henderson Group PLC owned approximately 1.36% of Physicians Realty Trust worth $43,343,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in DOC. Vanguard Group Inc. raised its stake in shares of Physicians Realty Trust by 12.8% in the 2nd quarter. Vanguard Group Inc. now owns 26,712,583 shares of the real estate investment trust’s stock worth $537,992,000 after buying an additional 3,033,019 shares in the last quarter. BlackRock Inc. raised its stake in shares of Physicians Realty Trust by 1.9% in the 2nd quarter. BlackRock Inc. now owns 14,519,268 shares of the real estate investment trust’s stock worth $292,418,000 after buying an additional 271,896 shares in the last quarter. Cohen & Steers Inc. raised its stake in shares of Physicians Realty Trust by 12.7% in the 3rd quarter. Cohen & Steers Inc. now owns 12,946,213 shares of the real estate investment trust’s stock worth $229,536,000 after buying an additional 1,458,455 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Physicians Realty Trust by 2.9% in the 3rd quarter. Principal Financial Group Inc. now owns 8,975,689 shares of the real estate investment trust’s stock worth $159,139,000 after buying an additional 250,054 shares in the last quarter. Finally, Lord Abbett & CO. LLC raised its stake in shares of Physicians Realty Trust by 2.1% in the 2nd quarter. Lord Abbett & CO. LLC now owns 3,777,212 shares of the real estate investment trust’s stock worth $76,073,000 after buying an additional 79,439 shares in the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.
In other Physicians Realty Trust news, Director Tommy G. Thompson purchased 2,705 shares of the stock in a transaction dated Thursday, December 14th. The shares were acquired at an average price of $18.46 per share, for a total transaction of $49,934.30. Following the completion of the acquisition, the director now owns 49,339 shares of the company’s stock, valued at approximately $910,797.94. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeffrey Theiler purchased 5,634 shares of the stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average price of $17.76 per share, for a total transaction of $100,059.84. The disclosure for this purchase can be found here. Insiders own 0.51% of the company’s stock.
Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.01). The company had revenue of $93.00 million during the quarter, compared to analyst estimates of $90.21 million. Physicians Realty Trust had a return on equity of 1.70% and a net margin of 11.39%. The business’s revenue was up 32.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.27 earnings per share. analysts anticipate that Physicians Realty Trust will post 1.05 earnings per share for the current fiscal year.
A number of research firms have recently commented on DOC. Cantor Fitzgerald boosted their price objective on Physicians Realty Trust from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 7th. Capital One Financial began coverage on Physicians Realty Trust in a research note on Monday, September 25th. They issued an “equal weight” rating and a $19.50 price objective on the stock. Royal Bank of Canada reissued a “buy” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a research note on Wednesday, September 13th. KeyCorp upgraded Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a report on Thursday, October 12th. Finally, B. Riley restated a “buy” rating on shares of Physicians Realty Trust in a report on Wednesday, November 1st. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $20.41.
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About Physicians Realty Trust
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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