Janney Montgomery Scott LLC grew its position in shares of Physicians Realty Trust (NYSE:DOC) by 4.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 120,435 shares of the real estate investment trust’s stock after buying an additional 4,795 shares during the quarter. Janney Montgomery Scott LLC owned 0.06% of Physicians Realty Trust worth $2,110,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Van ECK Associates Corp increased its holdings in shares of Physicians Realty Trust by 108.6% in the 1st quarter. Van ECK Associates Corp now owns 2,309 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 1,202 shares in the last quarter. Quadrant Capital Group LLC purchased a new position in shares of Physicians Realty Trust in the 4th quarter valued at about $42,000. Arden Trust Co purchased a new position in shares of Physicians Realty Trust in the 1st quarter valued at about $44,000. FinTrust Capital Advisors LLC purchased a new position in shares of Physicians Realty Trust in the 1st quarter valued at about $47,000. Finally, Sowell Financial Services LLC increased its holdings in shares of Physicians Realty Trust by 4,917.4% in the 1st quarter. Sowell Financial Services LLC now owns 3,462 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 3,393 shares in the last quarter. Institutional investors and hedge funds own 89.16% of the company’s stock.
DOC has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “buy” rating to a “hold” rating in a report on Monday, April 27th. TheStreet downgraded shares of Physicians Realty Trust from a “b-” rating to a “c” rating in a report on Monday, April 6th. Citigroup increased their price objective on shares of Physicians Realty Trust from $14.00 to $18.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Raymond James lowered their price objective on shares of Physicians Realty Trust from $22.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Finally, SunTrust Banks lowered their price objective on shares of Physicians Realty Trust from $19.00 to $16.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $19.00.
In other news, Director Stanton D. Anderson sold 6,000 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $17.73, for a total transaction of $106,380.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.64% of the stock is owned by company insiders.
Physicians Realty Trust stock opened at $18.04 on Friday. Physicians Realty Trust has a 12-month low of $11.01 and a 12-month high of $20.78. The stock has a market capitalization of $3.65 billion, a P/E ratio of 44.00, a P/E/G ratio of 10.95 and a beta of 0.86. The firm’s 50-day moving average is $17.50 and its two-hundred day moving average is $17.32. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.16 and a quick ratio of 0.16.
Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.19). Physicians Realty Trust had a return on equity of 3.10% and a net margin of 18.65%. The firm had revenue of $107.43 million for the quarter, compared to analyst estimates of $108.64 million. During the same period in the prior year, the business earned $0.25 earnings per share. Physicians Realty Trust’s revenue for the quarter was up 2.0% on a year-over-year basis. As a group, analysts forecast that Physicians Realty Trust will post 1.05 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 2nd were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $0.92 annualized dividend and a dividend yield of 5.10%. Physicians Realty Trust’s dividend payout ratio is currently 92.93%.
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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