Raymond James & Associates Boosts Holdings in Physicians Realty Trust (NYSE:DOC)

Raymond James & Associates increased its holdings in Physicians Realty Trust (NYSE:DOCGet Rating) by 3.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 281,559 shares of the real estate investment trust’s stock after buying an additional 10,140 shares during the quarter. Raymond James & Associates owned 0.12% of Physicians Realty Trust worth $4,235,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in DOC. Goldman Sachs Group Inc. lifted its holdings in Physicians Realty Trust by 527.0% during the second quarter. Goldman Sachs Group Inc. now owns 3,889,863 shares of the real estate investment trust’s stock valued at $67,878,000 after purchasing an additional 3,269,484 shares in the last quarter. Federated Hermes Inc. lifted its holdings in Physicians Realty Trust by 5,547.8% during the second quarter. Federated Hermes Inc. now owns 2,323,944 shares of the real estate investment trust’s stock valued at $40,553,000 after purchasing an additional 2,282,796 shares in the last quarter. State Street Corp lifted its holdings in Physicians Realty Trust by 16.3% during the first quarter. State Street Corp now owns 11,341,180 shares of the real estate investment trust’s stock valued at $201,488,000 after purchasing an additional 1,591,038 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Physicians Realty Trust by 2.9% during the first quarter. Vanguard Group Inc. now owns 33,204,777 shares of the real estate investment trust’s stock valued at $582,412,000 after purchasing an additional 921,905 shares in the last quarter. Finally, Westpac Banking Corp purchased a new position in Physicians Realty Trust during the second quarter valued at approximately $9,081,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Morgan Stanley lowered their target price on shares of Physicians Realty Trust from $16.50 to $14.50 and set an “equal weight” rating on the stock in a report on Tuesday, November 1st. KeyCorp raised shares of Physicians Realty Trust from a “sector weight” rating to an “overweight” rating and set a $17.00 target price on the stock in a report on Wednesday, December 14th. JPMorgan Chase & Co. assumed coverage on shares of Physicians Realty Trust in a report on Friday, October 28th. They issued a “neutral” rating and a $17.00 target price on the stock. Finally, StockNews.com downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, November 2nd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $18.21.

Insider Buying and Selling at Physicians Realty Trust

In other news, Director Tommy G. Thompson acquired 17,760 shares of the business’s stock in a transaction on Tuesday, December 13th. The shares were acquired at an average price of $15.16 per share, for a total transaction of $269,241.60. Following the completion of the transaction, the director now directly owns 19,060 shares of the company’s stock, valued at approximately $288,949.60. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.89% of the company’s stock.

Physicians Realty Trust Trading Up 1.3 %

DOC stock opened at $15.36 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.64. Physicians Realty Trust has a twelve month low of $13.42 and a twelve month high of $18.83. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 28.98, a price-to-earnings-growth ratio of 2.63 and a beta of 0.77. The firm’s fifty day simple moving average is $14.70 and its two-hundred day simple moving average is $15.64.

Physicians Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 18th. Shareholders of record on Wednesday, January 4th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date of this dividend is Tuesday, January 3rd. Physicians Realty Trust’s dividend payout ratio (DPR) is 173.59%.

About Physicians Realty Trust

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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.

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

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