Rhumbline Advisers Acquires 19,051 Shares of Physicians Realty Trust (DOC)
Rhumbline Advisers boosted its holdings in Physicians Realty Trust (NYSE:DOC) by 9.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 224,588 shares of the real estate investment trust’s stock after purchasing an additional 19,051 shares during the quarter. Rhumbline Advisers owned about 0.13% of Physicians Realty Trust worth $3,982,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in DOC. Chicago Partners Investment Group LLC boosted its holdings in Physicians Realty Trust by 603.8% in the second quarter. Chicago Partners Investment Group LLC now owns 9,086 shares of the real estate investment trust’s stock worth $177,000 after purchasing an additional 7,795 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Physicians Realty Trust by 16.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,462 shares of the real estate investment trust’s stock worth $191,000 after purchasing an additional 1,364 shares during the last quarter. Pinnacle Associates Ltd. purchased a new stake in Physicians Realty Trust in the second quarter worth approximately $205,000. Profund Advisors LLC boosted its holdings in Physicians Realty Trust by 6.8% in the second quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock worth $233,000 after purchasing an additional 733 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its holdings in Physicians Realty Trust by 1.7% in the second quarter. Teacher Retirement System of Texas now owns 11,997 shares of the real estate investment trust’s stock worth $242,000 after purchasing an additional 203 shares during the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.
Several equities research analysts recently issued reports on the stock. Cantor Fitzgerald raised their target price on shares of Physicians Realty Trust from $20.00 to $21.00 and gave the stock an “overweight” rating in a report on Tuesday, November 7th. Capital One Financial assumed coverage on shares of Physicians Realty Trust in a report on Monday, September 25th. They issued an “equal weight” rating and a $19.50 target price on the stock. Royal Bank Of Canada restated a “buy” rating and issued a $21.00 target price on shares of Physicians Realty Trust in a report on Wednesday, September 13th. KeyCorp upgraded shares of Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a research report on Thursday, October 12th. Finally, Zacks Investment Research upgraded shares of Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $20.50.
In other news, insider Jeffrey Theiler acquired 5,634 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were purchased at an average cost of $17.76 per share, for a total transaction of $100,059.84. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 0.51% of the stock is owned by company insiders.
Physicians Realty Trust (NYSE DOC) traded down $0.01 on Wednesday, reaching $17.85. 917,200 shares of the company’s stock traded hands, compared to its average volume of 1,453,791. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.46. Physicians Realty Trust has a fifty-two week low of $17.25 and a fifty-two week high of $21.85. The company has a market capitalization of $3,200.84, a P/E ratio of 17.01, a PEG ratio of 2.79 and a beta of 0.52.
Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.01). The business had revenue of $93.00 million during the quarter, compared to the consensus estimate of $90.21 million. Physicians Realty Trust had a return on equity of 1.70% and a net margin of 11.39%. The firm’s revenue was up 32.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.27 earnings per share. research analysts expect that Physicians Realty Trust will post 1.05 earnings per share for the current year.
Physicians Realty Trust Company Profile
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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