Physicians Realty Trust (DOC) Shares Sold by Employees Retirement System of Texas

Employees Retirement System of Texas decreased its stake in shares of Physicians Realty Trust (NYSE:DOC) by 54.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 88,002 shares of the real estate investment trust’s stock after selling 103,998 shares during the period. Employees Retirement System of Texas owned 0.06% of Physicians Realty Trust worth $1,772,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. UBS Group AG increased its position in Physicians Realty Trust by 8.4% during the first quarter. UBS Group AG now owns 133,772 shares of the real estate investment trust’s stock worth $2,658,000 after purchasing an additional 10,327 shares during the last quarter. Alliancebernstein L.P. increased its position in Physicians Realty Trust by 3.7% during the second quarter. Alliancebernstein L.P. now owns 288,816 shares of the real estate investment trust’s stock worth $5,817,000 after purchasing an additional 10,257 shares during the last quarter. Bank of Montreal Can increased its position in Physicians Realty Trust by 32.7% during the second quarter. Bank of Montreal Can now owns 52,166 shares of the real estate investment trust’s stock worth $1,051,000 after purchasing an additional 12,845 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Physicians Realty Trust by 11.5% during the first quarter. Schwab Charles Investment Management Inc. now owns 582,265 shares of the real estate investment trust’s stock worth $11,570,000 after purchasing an additional 60,006 shares during the last quarter. Finally, Rhumbline Advisers increased its position in Physicians Realty Trust by 16.7% during the second quarter. Rhumbline Advisers now owns 205,537 shares of the real estate investment trust’s stock worth $4,140,000 after purchasing an additional 29,372 shares during the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus dropped their price objective on shares of Physicians Realty Trust from $23.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, July 12th. Royal Bank Of Canada reissued a “buy” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a research report on Wednesday, September 13th. KeyCorp raised shares of Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a research report on Thursday. Morgan Stanley raised 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. Finally, Jefferies Group LLC lowered shares of Physicians Realty Trust from a “hold” rating to an “underperform” rating and dropped their price objective for the stock from $21.00 to $17.00 in a research report on Friday, July 7th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Physicians Realty Trust has a consensus rating of “Buy” and a consensus target price of $20.54.

COPYRIGHT VIOLATION NOTICE: “Physicians Realty Trust (DOC) Shares Sold by Employees Retirement System of Texas” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece of content on another publication, it was stolen and republished in violation of U.S. and international copyright law. The original version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/2957241/physicians-realty-trust-doc-shares-sold-by-employees-retirement-system-of-texas.html.

Shares of Physicians Realty Trust (DOC) opened at 18.05 on Friday. Physicians Realty Trust has a 52-week low of $17.12 and a 52-week high of $21.85. The stock has a 50 day moving average of $18.21 and a 200 day moving average of $19.28. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of 77.14 and a beta of 0.53.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. The firm had revenue of $76.60 million for the quarter, compared to analyst estimates of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. The company’s revenue for the quarter was up 43.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 earnings per share. Equities analysts predict that Physicians Realty Trust will post $0.26 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Tuesday, October 3rd will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date of this dividend is Monday, October 2nd. Physicians Realty Trust’s dividend payout ratio is 400.02%.

Physicians Realty Trust Company 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.

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

Receive News & Ratings for Physicians Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Physicians Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.