Pendal Group Ltd purchased a new stake in shares of Physicians Realty Trust (NYSE:DOC – Get Rating) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 21,370 shares of the real estate investment trust's stock, valued at approximately $309,000.
A number of other institutional investors also recently modified their holdings of DOC. Sippican Capital Advisors boosted its holdings in shares of Physicians Realty Trust by 2.0% during the 3rd quarter. Sippican Capital Advisors now owns 99,025 shares of the real estate investment trust's stock worth $1,489,000 after buying an additional 1,965 shares during the period. Dupont Capital Management Corp bought a new position in shares of Physicians Realty Trust in the third quarter worth about $405,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Physicians Realty Trust by 3.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 125,167 shares of the real estate investment trust's stock worth $1,883,000 after purchasing an additional 4,029 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Physicians Realty Trust by 2.2% during the 4th quarter. State of Alaska Department of Revenue now owns 146,622 shares of the real estate investment trust's stock valued at $2,121,000 after purchasing an additional 3,100 shares during the period. Finally, WINTON GROUP Ltd acquired a new stake in Physicians Realty Trust in the 3rd quarter valued at approximately $509,000. Institutional investors own 91.28% of the company's stock.
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Physicians Realty Trust Trading Up 1.1 %
DOC opened at $14.79 on Friday. Physicians Realty Trust has a 1-year low of $13.42 and a 1-year high of $18.83. The stock has a market capitalization of $3.52 billion, a PE ratio of 32.15, a PEG ratio of 2.51 and a beta of 0.82. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.61. The firm has a 50-day moving average price of $15.12 and a two-hundred day moving average price of $14.90.
Physicians Realty Trust Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 18th. Investors of record on Tuesday, April 4th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date is Monday, April 3rd. Physicians Realty Trust's dividend payout ratio is currently 200.00%.
Analysts Set New Price Targets
DOC has been the subject of several research reports. Credit Suisse Group reissued a "neutral" rating and issued a $15.00 price objective on shares of Physicians Realty Trust in a research report on Wednesday. KeyCorp upgraded 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 note on Wednesday, December 14th. StockNews.com downgraded Physicians Realty Trust from a "hold" rating to a "sell" rating in a research report on Wednesday, March 15th. Compass Point cut their target price on Physicians Realty Trust from $21.00 to $19.00 and set a "buy" rating for the company in a research note on Monday. Finally, 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 research report on Tuesday, February 28th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Physicians Realty Trust currently has an average rating of "Hold" and an average price target of $17.73.
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.
Further Reading
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