Westwood Holdings Group Inc. reduced its position in Physicians Realty Trust (NYSE:DOC) by 4.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,362,484 shares of the real estate investment trust’s stock after selling 66,073 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Physicians Realty Trust were worth $25,629,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Macroview Investment Management LLC purchased a new stake in Physicians Realty Trust in the 4th quarter worth $32,000. Lindbrook Capital LLC purchased a new stake in Physicians Realty Trust in the 4th quarter worth $42,000. Quadrant Capital Group LLC purchased a new stake in Physicians Realty Trust in the 1st quarter worth $91,000. Hanseatic Management Services Inc. purchased a new stake in Physicians Realty Trust in the 1st quarter worth $148,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in Physicians Realty Trust in the 1st quarter worth $150,000. Hedge funds and other institutional investors own 95.92% of the company’s stock.

DOC stock traded up $0.28 during mid-day trading on Wednesday, hitting $18.14. The stock had a trading volume of 560,777 shares, compared to its average volume of 1,263,454. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.53 and a quick ratio of 1.53. Physicians Realty Trust has a 1-year low of $14.77 and a 1-year high of $19.16. The firm has a market cap of $3.31 billion, a P/E ratio of 16.80 and a beta of 0.54.

Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Wednesday, May 1st. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). Physicians Realty Trust had a return on equity of 2.28% and a net margin of 13.34%. The firm had revenue of $105.40 million during the quarter, compared to analyst estimates of $104.27 million. During the same period in the previous year, the company earned $0.26 earnings per share. The business’s revenue for the quarter was up .2% on a year-over-year basis. As a group, research analysts expect that Physicians Realty Trust will post 1.06 EPS for the current year.

Several analysts have recently weighed in on DOC shares. Zacks Investment Research upgraded Physicians Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, May 7th. Morgan Stanley set a $19.00 target price on Physicians Realty Trust and gave the company a “hold” rating in a report on Thursday, March 28th. Finally, BMO Capital Markets downgraded Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $17.45 target price for the company. in a report on Tuesday, May 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. Physicians Realty Trust presently has a consensus rating of “Hold” and an average target price of $18.12.

In other Physicians Realty Trust news, insider John T. Thomas sold 5,000 shares of the company’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $18.26, for a total value of $91,300.00. Following the transaction, the insider now directly owns 311,251 shares of the company’s stock, valued at approximately $5,683,443.26. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.62% of the company’s stock.

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Physicians Realty Trust Company Profile

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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