Physicians Realty Trust (NYSE:DOC) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $17.10 and last traded at $17.42, with a volume of 895500 shares changing hands. The stock had previously closed at $17.39.
A number of research analysts recently commented on the company. Robert W. Baird reiterated an “outperform” rating and issued a $19.00 price objective (down from $21.00) on shares of Physicians Realty Trust in a report on Friday. Cantor Fitzgerald upped their price objective on Physicians Realty Trust from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, November 7th. Capital One Financial assumed coverage on Physicians Realty Trust in a report on Monday, September 25th. They issued an “equal weight” rating and a $19.50 price objective on the stock. Royal Bank of Canada reiterated a “buy” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a report on Wednesday, September 13th. Finally, KeyCorp upgraded Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a report on Thursday, October 12th. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Physicians Realty Trust has an average rating of “Buy” and a consensus price target of $20.25.
The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $3,050.00, a PE ratio of 74.00, a price-to-earnings-growth ratio of 2.48 and a beta of 0.54.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 18th. Investors of record on Wednesday, January 3rd will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 5.41%. The ex-dividend date is Tuesday, January 2nd. Physicians Realty Trust’s dividend payout ratio (DPR) is presently 400.00%.
In other Physicians Realty Trust news, Director Tommy G. Thompson bought 2,705 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were purchased at an average price of $18.46 per share, with a total value of $49,934.30. Following the completion of the acquisition, the director now directly owns 49,339 shares of the company’s stock, valued at approximately $910,797.94. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey Theiler bought 5,634 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was acquired at an average cost of $17.76 per share, for a total transaction of $100,059.84. The disclosure for this purchase can be found here. Corporate insiders own 0.51% of the company’s stock.
A number of large investors have recently bought and sold shares of the stock. Optimum Investment Advisors increased its holdings in Physicians Realty Trust by 0.4% in the second quarter. Optimum Investment Advisors now owns 15,191 shares of the real estate investment trust’s stock valued at $306,000 after buying an additional 68 shares during the last quarter. 1st Global Advisors Inc. increased its holdings in Physicians Realty Trust by 0.8% in the second quarter. 1st Global Advisors Inc. now owns 28,334 shares of the real estate investment trust’s stock valued at $571,000 after buying an additional 236 shares during the last quarter. Ameritas Investment Partners Inc. increased its holdings in Physicians Realty Trust by 4.3% in the second quarter. Ameritas Investment Partners Inc. now owns 13,543 shares of the real estate investment trust’s stock valued at $273,000 after buying an additional 554 shares during the last quarter. Profund Advisors LLC increased its holdings in Physicians Realty Trust by 6.8% in the second quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 733 shares during the last quarter. Finally, Hunter Associates Investment Management LLC increased its holdings in Physicians Realty Trust by 7.1% in the second quarter. Hunter Associates Investment Management LLC now owns 15,000 shares of the real estate investment trust’s stock valued at $302,000 after buying an additional 1,000 shares during the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.
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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.
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