AMP Capital Investors Ltd boosted its position in shares of Physicians Realty Trust (NYSE:DOC) by 13.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 201,826 shares of the real estate investment trust’s stock after acquiring an additional 24,540 shares during the period. AMP Capital Investors Ltd’s holdings in Physicians Realty Trust were worth $3,631,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in DOC. Cbre Clarion Securities LLC bought a new position in Physicians Realty Trust during the fourth quarter valued at approximately $46,085,000. PGGM Investments boosted its stake in Physicians Realty Trust by 69.0% during the fourth quarter. PGGM Investments now owns 4,604,000 shares of the real estate investment trust’s stock valued at $82,826,000 after buying an additional 1,880,000 shares during the last quarter. Cohen & Steers Inc. boosted its stake in Physicians Realty Trust by 12.7% during the third quarter. Cohen & Steers Inc. now owns 12,946,213 shares of the real estate investment trust’s stock valued at $229,536,000 after buying an additional 1,458,455 shares during the last quarter. Atlantic Trust Group LLC bought a new position in Physicians Realty Trust during the third quarter valued at approximately $15,343,000. Finally, Citadel Advisors LLC boosted its stake in Physicians Realty Trust by 62.2% during the fourth quarter. Citadel Advisors LLC now owns 1,544,354 shares of the real estate investment trust’s stock valued at $27,783,000 after buying an additional 592,125 shares during the last quarter. 94.05% of the stock is owned by institutional investors.
Shares of DOC stock opened at $15.05 on Wednesday. Physicians Realty Trust has a 52-week low of $14.13 and a 52-week high of $21.85. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.32 and a current ratio of 1.32. The stock has a market capitalization of $2,757.27, a P/E ratio of 68.41, a price-to-earnings-growth ratio of 2.97 and a beta of 0.53.
Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings data on Wednesday, February 28th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. Physicians Realty Trust had a return on equity of 1.63% and a net margin of 11.04%. The business had revenue of $97.30 million for the quarter, compared to the consensus estimate of $98.56 million. During the same period in the prior year, the business posted $0.27 earnings per share. The company’s quarterly revenue was up 32.0% compared to the same quarter last year. equities research analysts predict that Physicians Realty Trust will post 1.13 EPS for the current year.
In other Physicians Realty Trust news, Director Tommy G. Thompson purchased 13,650 shares of Physicians Realty Trust stock in a transaction dated Tuesday, March 6th. The shares were purchased at an average cost of $14.71 per share, for a total transaction of $200,791.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.51% of the company’s stock.
A number of brokerages recently commented on DOC. SunTrust Banks set a $16.00 price target on Physicians Realty Trust and gave the company a “hold” rating in a research note on Wednesday, February 28th. Robert W. Baird reissued an “outperform” rating and set a $19.00 price target (down from $21.00) on shares of Physicians Realty Trust in a research note on Friday, January 5th. Royal Bank of Canada set a $18.00 price objective on Physicians Realty Trust and gave the company a “buy” rating in a research report on Tuesday, March 6th. Bank of America decreased their price objective on Physicians Realty Trust from $19.50 to $18.00 and set a “buy” rating on the stock in a research report on Thursday, March 8th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $18.00 price objective on shares of Physicians Realty Trust in a research report on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $18.54.
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Physicians Realty Trust 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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