Morgan Stanley Sells 73,191 Shares of Physicians Realty Trust (DOC)

Morgan Stanley reduced its stake in shares of Physicians Realty Trust (NYSE:DOC) by 9.5% during the third quarter, Holdings Channel reports. The institutional investor owned 701,249 shares of the real estate investment trust’s stock after selling 73,191 shares during the quarter. Morgan Stanley’s holdings in Physicians Realty Trust were worth $11,823,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DOC. Millennium Management LLC raised its position in shares of Physicians Realty Trust by 1,775.5% during the second quarter. Millennium Management LLC now owns 503,992 shares of the real estate investment trust’s stock worth $8,034,000 after purchasing an additional 477,119 shares during the period. Bank of Montreal Can grew its stake in Physicians Realty Trust by 4.2% in the third quarter. Bank of Montreal Can now owns 84,670 shares of the real estate investment trust’s stock valued at $1,427,000 after purchasing an additional 3,382 shares in the last quarter. Clean Yield Group grew its stake in Physicians Realty Trust by 8.4% in the third quarter. Clean Yield Group now owns 248,605 shares of the real estate investment trust’s stock valued at $4,191,000 after purchasing an additional 19,235 shares in the last quarter. Securian Asset Management Inc grew its stake in Physicians Realty Trust by 20.6% in the third quarter. Securian Asset Management Inc now owns 377,500 shares of the real estate investment trust’s stock valued at $6,365,000 after purchasing an additional 64,400 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in Physicians Realty Trust by 32.0% in the third quarter. Russell Investments Group Ltd. now owns 1,122,943 shares of the real estate investment trust’s stock valued at $18,791,000 after purchasing an additional 272,098 shares in the last quarter. 93.01% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have weighed in on the company. Zacks Investment Research downgraded Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, January 25th. ValuEngine upgraded Physicians Realty Trust from a “hold” rating to a “buy” rating in a research note on Saturday, December 1st. Finally, B. Riley restated a “buy” rating on shares of Physicians Realty Trust in a research note on Monday, November 5th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $17.58.

DOC opened at $18.20 on Wednesday. Physicians Realty Trust has a 12-month low of $14.13 and a 12-month high of $18.22. The company has a market capitalization of $3.32 billion, a PE ratio of 16.69 and a beta of 0.65. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.61.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 18th. Stockholders of record on Friday, January 4th were given a $0.23 dividend. The ex-dividend date was Thursday, January 3rd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.05%. Physicians Realty Trust’s payout ratio is 88.46%.

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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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