Physicians Realty Trust (NYSE:DOC) Shares Acquired by Swiss National Bank

Posted by Defense World Staff on May 18th, 2023

Swiss National Bank increased its stake in Physicians Realty Trust (NYSE:DOC – Get Rating) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 546,406 shares of the real estate investment trust’s stock after buying an additional 12,200 shares during the quarter. Swiss National Bank owned about 0.24% of Physicians Realty Trust worth $7,906,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of DOC. Mckinley Capital Management LLC Delaware boosted its position in Physicians Realty Trust by 1.8% during the 4th quarter. Mckinley Capital Management LLC Delaware now owns 40,263 shares of the real estate investment trust’s stock worth $583,000 after acquiring an additional 711 shares during the period. Pinnacle Associates Ltd. raised its stake in shares of Physicians Realty Trust by 2.6% in the 4th quarter. Pinnacle Associates Ltd. now owns 29,776 shares of the real estate investment trust’s stock worth $431,000 after buying an additional 750 shares in the last quarter. Ontario Teachers Pension Plan Board raised its stake in shares of Physicians Realty Trust by 0.3% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 225,274 shares of the real estate investment trust’s stock worth $3,388,000 after buying an additional 776 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Physicians Realty Trust by 1.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 59,900 shares of the real estate investment trust’s stock worth $901,000 after buying an additional 793 shares in the last quarter. Finally, Ronald Blue Trust Inc. raised 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 worth $27,000 after buying an additional 800 shares in the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Physicians Realty Trust Stock Performance

Shares of NYSE DOC opened at $14.08 on Thursday. The business’s 50-day moving average price is $14.48 and its two-hundred day moving average price is $14.78. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.47 and a quick ratio of 1.47. Physicians Realty Trust has a one year low of $13.42 and a one year high of $18.83. The company has a market capitalization of $3.36 billion, a P/E ratio of 32.00, a price-to-earnings-growth ratio of 2.54 and a beta of 0.83.

Physicians Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 18th. Shareholders of record on Tuesday, April 4th were paid a $0.23 dividend. The ex-dividend date was Monday, April 3rd. This represents a $0.92 dividend on an annualized basis and a yield of 6.53%. Physicians Realty Trust’s dividend payout ratio (DPR) is currently 209.10%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DOC. Barclays dropped their price objective on Physicians Realty Trust from $18.00 to $17.00 in a research note on Friday, May 5th. Credit Suisse Group reaffirmed a “neutral” rating and set a $15.00 target price on shares of Physicians Realty Trust in a research report on Wednesday, March 29th. Wells Fargo & Company began coverage on Physicians Realty Trust in a research report on Wednesday, April 19th. They set an “underweight” rating and a $14.00 target price on the stock. Royal Bank of Canada cut their target price on 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. Finally, StockNews.com assumed coverage on Physicians Realty Trust in a research report on Thursday. They set a “sell” rating on the stock. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $17.25.

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.