Physicians Realty Trust (NYSE:DOC) Lowered to “Sell” at StockNews.com

StockNews.com cut shares of Physicians Realty Trust (NYSE:DOC – Get Rating) from a hold rating to a sell rating in a report published on Monday morning.

Several other analysts have also issued reports on DOC. KeyCorp raised shares of Physicians Realty Trust from a sector weight rating to an overweight rating and set a $17.00 price target on the stock in a research report on Wednesday, December 14th. Royal Bank of Canada decreased their target price on shares of Physicians Realty Trust from $16.00 to $15.00 and set a sector perform rating on the stock in a report on Tuesday, February 28th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of $17.86.

Physicians Realty Trust Stock Performance

NYSE DOC opened at $15.01 on Monday. The company’s 50 day moving average is $15.23 and its 200-day moving average is $15.19. Physicians Realty Trust has a 12-month low of $13.42 and a 12-month high of $18.83. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.61. The firm has a market cap of $3.57 billion, a P/E ratio of 32.63, a price-to-earnings-growth ratio of 2.58 and a beta of 0.82.

Physicians Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 18th. Stockholders of record on Wednesday, January 4th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date was Tuesday, January 3rd. Physicians Realty Trust’s payout ratio is 200.00%.

Insider Transactions at Physicians Realty Trust

In related news, Director Tommy G. Thompson purchased 17,760 shares of the firm’s stock in a transaction dated Tuesday, December 13th. The shares were purchased at an average price of $15.16 per share, with a total value of $269,241.60. Following the acquisition, the director now directly owns 19,060 shares of the company’s stock, valued at $288,949.60. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.89% of the company’s stock.

Institutional Investors Weigh In On Physicians Realty Trust

Institutional investors have recently made changes to their positions in the business. Ronald Blue Trust Inc. boosted its stake in shares of Physicians Realty Trust by 79.0% in the 4th quarter. Ronald Blue Trust Inc. now owns 1,813 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 800 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Physicians Realty Trust by 244.9% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,635 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,161 shares in the last quarter. SRS Capital Advisors Inc. purchased a new stake in shares of Physicians Realty Trust in the 3rd quarter valued at $39,000. Meeder Asset Management Inc. boosted its position in Physicians Realty Trust by 84.5% during the 2nd quarter. Meeder Asset Management Inc. now owns 2,277 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 1,043 shares during the period. Finally, Private Trust Co. NA purchased a new stake in Physicians Realty Trust during the 2nd quarter valued at $47,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Physicians Realty Trust Company Profile

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Physicians Realty Trust is a real estate investment trust, which engages in the acquisition, development, owning, and managing of healthcare properties. Its principal investments include medical office buildings, outpatient treatment facilities, acute and post-acute care hospitals, as well as other real estate integral to healthcare providers.