Physicians Realty Trust (NYSE:DOC) Shares Sold by Eii Capital Management Inc.

Eii Capital Management Inc. lessened its holdings in Physicians Realty Trust (NYSE:DOC) by 38.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 14,424 shares of the real estate investment trust’s stock after selling 9,042 shares during the period. Eii Capital Management Inc.’s holdings in Physicians Realty Trust were worth $252,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. UBS Oconnor LLC increased its holdings in Physicians Realty Trust by 502.9% in the 4th quarter. UBS Oconnor LLC now owns 211,000 shares of the real estate investment trust’s stock worth $3,382,000 after buying an additional 176,000 shares during the period. Natixis Advisors L.P. increased its holdings in Physicians Realty Trust by 1.9% in the 4th quarter. Natixis Advisors L.P. now owns 31,316 shares of the real estate investment trust’s stock worth $501,000 after buying an additional 577 shares during the period. Janus Henderson Group PLC increased its holdings in Physicians Realty Trust by 5.4% in the 1st quarter. Janus Henderson Group PLC now owns 4,173,490 shares of the real estate investment trust’s stock worth $78,520,000 after buying an additional 214,811 shares during the period. D. E. Shaw & Co. Inc. acquired a new position in Physicians Realty Trust in the 4th quarter worth approximately $3,536,000. Finally, First Trust Advisors LP increased its holdings in Physicians Realty Trust by 153.1% in the 1st quarter. First Trust Advisors LP now owns 229,306 shares of the real estate investment trust’s stock worth $4,313,000 after buying an additional 138,703 shares during the period. Institutional investors own 95.82% of the company’s stock.

In other Physicians Realty Trust news, insider John T. Thomas sold 5,000 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $18.26, for a total value of $91,300.00. Following the completion of the sale, the insider now directly owns 311,251 shares of the company’s stock, valued at approximately $5,683,443.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John T. Thomas sold 3,700 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $17.50, for a total value of $64,750.00. The disclosure for this sale can be found here. Insiders sold a total of 15,000 shares of company stock worth $266,300 in the last 90 days. 0.62% of the stock is currently owned by insiders.

Several research firms have commented on DOC. Zacks Investment Research upgraded Golub Capital BDC from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Tuesday, July 16th. Capital One Financial lowered Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $18.75 price objective on the stock. in a research report on Thursday, May 2nd. ValuEngine upgraded Zogenix from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 27th. Morgan Stanley set a $111.00 price objective on Procter & Gamble and gave the stock a “buy” rating in a research report on Thursday, March 28th. Finally, Citigroup set a $5.00 price objective on Forum Energy Technologies and gave the stock a “buy” rating in a research report on Thursday, June 20th. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $18.15.

DOC stock traded up $0.21 during midday trading on Tuesday, reaching $17.08. The stock had a trading volume of 720,496 shares, compared to its average volume of 1,282,780. The firm has a fifty day moving average price of $17.69. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.66. The stock has a market cap of $3.13 billion, a P/E ratio of 15.81 and a beta of 0.46. Physicians Realty Trust has a 52-week low of $15.16 and a 52-week high of $19.16.

Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings data on Wednesday, May 1st. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). The firm had revenue of $105.40 million during the quarter, compared to analysts’ expectations of $104.27 million. Physicians Realty Trust had a net margin of 13.34% and a return on equity of 2.28%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.26 EPS. On average, analysts predict that Physicians Realty Trust will post 1.06 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Shareholders of record on Wednesday, July 3rd were issued a $0.23 dividend. The ex-dividend date was Tuesday, July 2nd. This represents a $0.92 dividend on an annualized basis and a yield of 5.39%. Physicians Realty Trust’s payout ratio is currently 85.19%.

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.

Further Reading: Why is the ROA ratio important?

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

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