ProShare Advisors LLC increased its stake in Physicians Realty Trust (NYSE:DOC) by 2.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 104,294 shares of the real estate investment trust’s stock after acquiring an additional 2,925 shares during the period. ProShare Advisors LLC’s holdings in Physicians Realty Trust were worth $1,926,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in DOC. Johnson Midwest Financial LLC acquired a new stake in shares of Physicians Realty Trust in the second quarter worth approximately $29,000. SRS Capital Advisors Inc. acquired a new stake in shares of Physicians Realty Trust in the second quarter worth approximately $48,000. Rockefeller Capital Management L.P. boosted its position in shares of Physicians Realty Trust by 468.7% in the second quarter. Rockefeller Capital Management L.P. now owns 3,287 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 2,709 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Physicians Realty Trust in the second quarter worth approximately $69,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Physicians Realty Trust in the second quarter worth approximately $80,000. 86.56% of the stock is currently owned by institutional investors and hedge funds.
NYSE DOC opened at $18.47 on Thursday. The company’s fifty day simple moving average is $18.35 and its 200-day simple moving average is $18.49. Physicians Realty Trust has a 52 week low of $16.48 and a 52 week high of $20.13. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.48. The stock has a market cap of $4.02 billion, a P/E ratio of 59.58, a PEG ratio of 2.59 and a beta of 0.81.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 15th. Shareholders of record on Monday, October 4th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, October 1st. This represents a $0.92 annualized dividend and a yield of 4.98%. Physicians Realty Trust’s payout ratio is 87.62%.
A number of brokerages have weighed in on DOC. BMO Capital Markets lifted their price target on shares of Physicians Realty Trust from $32.50 to $35.00 and gave the company a “market perform” rating in a research report on Thursday, October 7th. Raymond James cut shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Friday, August 20th. Colliers Securities reaffirmed a “buy” rating and set a $21.00 price target on shares of Physicians Realty Trust in a research report on Friday, July 16th. Morgan Stanley cut shares of Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $20.00 price target on the stock. in a research report on Monday, September 13th. Finally, Zacks Investment Research cut shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Physicians Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $22.43.
About Physicians Realty Trust
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.
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