Victory Capital Management Inc. Grows Stock Position in Physicians Realty Trust (NYSE:DOC)

Victory Capital Management Inc. increased its position in shares of Physicians Realty Trust (NYSE:DOCGet Rating) by 1.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,014,570 shares of the real estate investment trust’s stock after buying an additional 9,767 shares during the quarter. Victory Capital Management Inc. owned about 0.45% of Physicians Realty Trust worth $17,776,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Covestor Ltd purchased a new stake in Physicians Realty Trust in the fourth quarter valued at approximately $25,000. FourThought Financial LLC purchased a new stake in Physicians Realty Trust in the first quarter valued at approximately $35,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Physicians Realty Trust in the first quarter valued at approximately $37,000. CWM LLC raised its position in Physicians Realty Trust by 93.0% in the first quarter. CWM LLC now owns 2,210 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 1,065 shares during the period. Finally, UMB Bank N A MO purchased a new stake in Physicians Realty Trust in the fourth quarter valued at approximately $48,000. Hedge funds and other institutional investors own 87.64% of the company’s stock.

Wall Street Analyst Weigh In

DOC has been the topic of a number of research analyst reports. Bank of America lowered Physicians Realty Trust from a “neutral” rating to an “underperform” rating and set a $18.00 target price on the stock. in a research report on Thursday, May 19th. Jefferies Financial Group cut their target price on Physicians Realty Trust from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, June 30th. Capital One Financial assumed coverage on shares of Physicians Realty Trust in a research note on Friday, June 3rd. They issued an “equal weight” rating and a $20.00 price target for the company. StockNews.com downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, May 24th. Finally, Barclays assumed coverage on shares of Physicians Realty Trust in a research note on Tuesday, April 26th. They issued an “overweight” rating and a $20.00 price target for the company. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, Physicians Realty Trust currently has a consensus rating of “Hold” and an average price target of $18.70.

Insider Transactions at Physicians Realty Trust

In other Physicians Realty Trust news, Director Pamela Shelley-Kessler bought 3,000 shares of the business’s stock in a transaction dated Tuesday, June 14th. The shares were acquired at an average price of $16.81 per share, with a total value of $50,430.00. Following the transaction, the director now owns 3,000 shares of the company’s stock, valued at $50,430. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.79% of the company’s stock.

Physicians Realty Trust Price Performance

Shares of NYSE DOC opened at $17.24 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.26 and a current ratio of 1.26. Physicians Realty Trust has a fifty-two week low of $16.07 and a fifty-two week high of $19.30. The firm has a market capitalization of $3.88 billion, a PE ratio of 47.89, a price-to-earnings-growth ratio of 2.77 and a beta of 0.79. The stock’s 50-day simple moving average is $17.31 and its 200-day simple moving average is $17.41.

Physicians Realty Trust (NYSE:DOCGet Rating) last issued its earnings results on Wednesday, May 4th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.22). Physicians Realty Trust had a return on equity of 2.78% and a net margin of 16.82%. The business had revenue of $130.39 million for the quarter, compared to analyst estimates of $126.51 million. During the same period last year, the business posted $0.27 EPS. Physicians Realty Trust’s revenue was up 15.0% on a year-over-year basis. As a group, equities research analysts forecast that Physicians Realty Trust will post 1.07 EPS for the current fiscal year.

Physicians Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 19th. Stockholders of record on Tuesday, July 5th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 5.34%. The ex-dividend date of this dividend was Friday, July 1st. Physicians Realty Trust’s dividend payout ratio (DPR) is presently 255.56%.

Physicians Realty Trust Company Profile

(Get Rating)

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.

Featured Articles

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.