Rehmann Capital Advisory Group lowered its holdings in shares of Physicians Realty Trust (NYSE:DOC) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,832 shares of the real estate investment trust’s stock after selling 845 shares during the quarter. Rehmann Capital Advisory Group owned approximately 0.05% of Physicians Realty Trust worth $1,649,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DOC. Belpointe Asset Management LLC purchased a new stake in shares of Physicians Realty Trust during the 3rd quarter valued at about $109,000. Qube Research & Technologies Ltd purchased a new stake in shares of Physicians Realty Trust during the 2nd quarter valued at about $116,000. B. Riley Wealth Management Inc. purchased a new stake in shares of Physicians Realty Trust during the 3rd quarter valued at about $172,000. Paloma Partners Management Co purchased a new stake in shares of Physicians Realty Trust during the 2nd quarter valued at about $188,000. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of Physicians Realty Trust during the 2nd quarter valued at about $198,000. 93.77% of the stock is owned by hedge funds and other institutional investors.

Physicians Realty Trust stock traded down $0.25 during midday trading on Friday, hitting $17.83. The stock had a trading volume of 30,838 shares, compared to its average volume of 1,335,031. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 17.20, a P/E/G ratio of 4.82 and a beta of 0.45. Physicians Realty Trust has a 52-week low of $14.13 and a 52-week high of $19.03. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.61.

Physicians Realty Trust (NYSE:DOC) last released its earnings results on Friday, November 2nd. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.01. Physicians Realty Trust had a net margin of 13.33% and a return on equity of 2.20%. The company had revenue of $105.03 million during the quarter, compared to analyst estimates of $103.70 million. During the same period in the prior year, the firm posted $0.26 EPS. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. On average, analysts predict that Physicians Realty Trust will post 1.09 EPS for the current year.

Several research firms have recently commented on DOC. ValuEngine raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Saturday, December 1st. Zacks Investment Research raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Tuesday, October 16th. B. Riley reissued a “buy” rating on shares of Physicians Realty Trust in a report on Monday, November 5th. Morgan Stanley increased their target price on shares of Physicians Realty Trust from $15.00 to $16.00 and gave the stock an “equal weight” rating in a report on Thursday, August 16th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $18.00 target price on shares of Physicians Realty Trust in a report on Monday, August 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company. Physicians Realty Trust has an average rating of “Buy” and an average price target of $17.77.

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

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