First Republic Investment Management Inc. lessened its stake in shares of Physicians Realty Trust (NYSE:DOC) by 24.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 31,908 shares of the real estate investment trust’s stock after selling 10,461 shares during the period. First Republic Investment Management Inc.’s holdings in Physicians Realty Trust were worth $600,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Macroview Investment Management LLC bought a new stake in Physicians Realty Trust during the fourth quarter valued at about $32,000. We Are One Seven LLC bought a new stake in Physicians Realty Trust during the fourth quarter valued at about $38,000. Lindbrook Capital LLC bought a new stake in Physicians Realty Trust during the fourth quarter valued at about $42,000. Quantamental Technologies LLC bought a new stake in Physicians Realty Trust during the fourth quarter valued at about $75,000. Finally, Quadrant Capital Group LLC bought a new stake in Physicians Realty Trust during the first quarter valued at about $91,000. 92.31% of the stock is owned by institutional investors and hedge funds.
Several analysts have issued reports on the company. Zacks Investment Research lowered Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, March 28th. Morgan Stanley set a $19.00 price objective on Physicians Realty Trust and gave the stock a “hold” rating in a research note on Thursday, March 28th. ValuEngine raised Physicians Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, February 8th. BMO Capital Markets lowered Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $17.45 price objective for the company. in a research note on Tuesday, May 7th. Finally, Capital One Financial lowered Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $18.75 price objective for the company. in a research note on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company’s stock. Physicians Realty Trust has an average rating of “Hold” and an average target price of $18.12.
NYSE DOC opened at $18.36 on Thursday. The stock has a market capitalization of $3.40 billion, a PE ratio of 17.00 and a beta of 0.59. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.53 and a quick ratio of 1.53. Physicians Realty Trust has a twelve month low of $14.41 and a twelve month high of $19.16.
Physicians Realty Trust (NYSE:DOC) last released 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 business had revenue of $105.40 million during the quarter, compared to the consensus estimate of $104.27 million. Physicians Realty Trust had a return on equity of 2.28% and a net margin of 13.34%. The business’s revenue was up .2% on a year-over-year basis. During the same period last year, the company earned $0.26 EPS. Equities research analysts predict that Physicians Realty Trust will post 1.06 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Wednesday, April 3rd were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date was Tuesday, April 2nd. Physicians Realty Trust’s dividend payout ratio (DPR) is 85.19%.
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Physicians Realty Trust Profile
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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