State of Alaska Department of Revenue Boosts Position in Physicians Realty Trust (DOC)

State of Alaska Department of Revenue boosted its position in shares of Physicians Realty Trust (NYSE:DOC) by 7.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 75,160 shares of the real estate investment trust’s stock after buying an additional 5,420 shares during the period. State of Alaska Department of Revenue’s holdings in Physicians Realty Trust were worth $1,512,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in Physicians Realty Trust by 14.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,646,932 shares of the real estate investment trust’s stock worth $31,225,000 after buying an additional 212,199 shares during the period. Norges Bank bought a new position in Physicians Realty Trust during the fourth quarter valued at $25,379,000. Teachers Advisors LLC boosted its position in Physicians Realty Trust by 1.9% in the fourth quarter. Teachers Advisors LLC now owns 222,196 shares of the real estate investment trust’s stock valued at $4,213,000 after buying an additional 4,091 shares during the period. Macquarie Group Ltd. boosted its position in Physicians Realty Trust by 12.5% in the fourth quarter. Macquarie Group Ltd. now owns 46,900 shares of the real estate investment trust’s stock valued at $889,000 after buying an additional 5,200 shares during the period. Finally, Manning & Napier Advisors LLC boosted its position in Physicians Realty Trust by 5.5% in the first quarter. Manning & Napier Advisors LLC now owns 554,750 shares of the real estate investment trust’s stock valued at $11,021,000 after buying an additional 28,810 shares during the period. Institutional investors own 80.20% of the company’s stock.

Shares of Physicians Realty Trust (DOC) traded down 0.11% during trading on Friday, hitting $17.92. 1,042,882 shares of the stock traded hands. Physicians Realty Trust has a 1-year low of $17.12 and a 1-year high of $22.03. The firm has a 50-day moving average of $19.12 and a 200-day moving average of $19.57. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 76.58 and a beta of 0.55.

Physicians Realty Trust (NYSE:DOC) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $76.60 million during the quarter, compared to the consensus estimate of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. Physicians Realty Trust’s quarterly revenue was up 43.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 earnings per share. On average, equities analysts forecast that Physicians Realty Trust will post $0.22 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 18th. Shareholders of record on Monday, July 3rd were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 5.13%. This is a boost from Physicians Realty Trust’s previous quarterly dividend of $0.23. The ex-dividend date was Thursday, June 29th. Physicians Realty Trust’s dividend payout ratio (DPR) is presently 400.02%.

COPYRIGHT VIOLATION WARNING: “State of Alaska Department of Revenue Boosts Position in Physicians Realty Trust (DOC)” was published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.com-unik.info/2017/08/11/state-of-alaska-department-of-revenue-boosts-stake-in-physicians-realty-trust-doc-updated-updated-updated.html.

DOC has been the subject of several research analyst reports. Zacks Investment Research cut shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. BidaskClub upgraded shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Morgan Stanley upgraded shares of Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price objective for the company in a research report on Monday, July 24th. UBS AG cut shares of Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a research report on Monday, July 17th. Finally, Raymond James Financial, Inc. lowered shares of Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating and set a $21.00 target price for the company. in a report on Monday, July 17th. One analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $20.58.

About Physicians Realty Trust

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.

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

What are top analysts saying about Physicians Realty Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Physicians Realty Trust and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit