LPL Financial LLC Grows Position in Physicians Realty Trust (NYSE:DOC)

LPL Financial LLC raised its position in Physicians Realty Trust (NYSE:DOC) by 5.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,365 shares of the real estate investment trust’s stock after purchasing an additional 8,278 shares during the quarter. LPL Financial LLC owned 0.08% of Physicians Realty Trust worth $3,221,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Physicians Realty Trust by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 31,156,364 shares of the real estate investment trust’s stock worth $575,458,000 after purchasing an additional 736,194 shares during the period. BlackRock Inc. grew its stake in shares of Physicians Realty Trust by 0.6% in the second quarter. BlackRock Inc. now owns 30,955,478 shares of the real estate investment trust’s stock valued at $571,747,000 after buying an additional 173,461 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of Physicians Realty Trust by 50.4% in the second quarter. Alliancebernstein L.P. now owns 12,891,059 shares of the real estate investment trust’s stock valued at $238,098,000 after buying an additional 4,320,989 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Physicians Realty Trust by 5.4% in the second quarter. Geode Capital Management LLC now owns 4,258,715 shares of the real estate investment trust’s stock valued at $78,658,000 after buying an additional 216,971 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Physicians Realty Trust by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 3,118,360 shares of the real estate investment trust’s stock valued at $57,597,000 after buying an additional 24,287 shares in the last quarter. Institutional investors own 86.56% of the company’s stock.

DOC has been the subject of a number of recent research reports. Raymond James lowered Physicians Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, August 20th. Morgan Stanley lowered Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $20.00 target price for the company. in a research note on Monday, September 13th. BMO Capital Markets raised their price objective on Physicians Realty Trust from $32.50 to $35.00 and gave the company a “market perform” rating in a research note on Thursday, October 7th. Colliers Securities restated a “buy” rating and set a $21.00 price objective on shares of Physicians Realty Trust in a research note on Friday, July 16th. Finally, Zacks Investment Research lowered Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, October 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $22.43.

Shares of DOC opened at $18.99 on Thursday. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 61.26, a PEG ratio of 2.66 and a beta of 0.81. The stock has a 50 day moving average of $18.35 and a 200-day moving average of $18.51. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.48. Physicians Realty Trust has a 52 week low of $16.48 and a 52 week high of $20.13.

Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Wednesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.19). The firm had revenue of $112.93 million during the quarter, compared to analyst estimates of $114.37 million. Physicians Realty Trust had a return on equity of 2.53% and a net margin of 15.47%. Physicians Realty Trust’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 EPS. On average, sell-side analysts predict that Physicians Realty Trust will post 1.06 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, October 15th. Investors of record on Monday, October 4th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 4.84%. The ex-dividend date was Friday, October 1st. Physicians Realty Trust’s dividend payout ratio (DPR) is 87.62%.

Physicians Realty Trust Company Profile

Physicians Realty Trust is a real estate investment trust, which engages in the acquisition, development, owning, and managing of healthcare properties. Its principal investments include medical office buildings; outpatient treatment facilities; acute and post-acute care hospitals; as well as other real estate integral to healthcare providers.

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Institutional Ownership by Quarter for Physicians Realty Trust (NYSE:DOC)

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