Baird Financial Group Inc. reduced its stake in Physicians Realty Trust (NYSE:DOC – Get Rating) by 42.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 712,171 shares of the real estate investment trust’s stock after selling 526,578 shares during the period. Baird Financial Group Inc. owned about 0.31% of Physicians Realty Trust worth $10,305,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Physicians Realty Trust by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 33,504,079 shares of the real estate investment trust’s stock worth $503,902,000 after purchasing an additional 142,111 shares during the period. State Street Corp grew its position in shares of Physicians Realty Trust by 0.5% in the 3rd quarter. State Street Corp now owns 11,605,413 shares of the real estate investment trust’s stock worth $174,545,000 after buying an additional 59,564 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its position in shares of Physicians Realty Trust by 27.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,649,990 shares of the real estate investment trust’s stock worth $81,755,000 after buying an additional 1,225,055 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Physicians Realty Trust by 6.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,399,196 shares of the real estate investment trust’s stock worth $81,203,000 after buying an additional 316,281 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Physicians Realty Trust by 3.8% in the 4th quarter. Geode Capital Management LLC now owns 4,759,736 shares of the real estate investment trust’s stock worth $68,873,000 after buying an additional 172,381 shares during the last quarter. 91.28% of the stock is owned by hedge funds and other institutional investors.
Physicians Realty Trust Trading Down 0.9 %
Physicians Realty Trust stock opened at $14.32 on Friday. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.58. The business’s fifty day simple moving average is $14.25 and its two-hundred day simple moving average is $14.72. Physicians Realty Trust has a 12 month low of $13.27 and a 12 month high of $18.30. The company has a market capitalization of $3.41 billion, a price-to-earnings ratio of 32.55, a price-to-earnings-growth ratio of 12.61 and a beta of 0.83.
Physicians Realty Trust Announces Dividend
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. Credit Suisse Group reiterated a “neutral” rating and issued a $15.00 price objective on shares of Physicians Realty Trust in a research report on Wednesday, March 29th. Royal Bank of Canada cut their price objective 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. JMP Securities initiated coverage on Physicians Realty Trust in a research report on Friday, May 26th. They set an “outperform” rating and a $15.50 price target on the stock. Barclays dropped their price target on Physicians Realty Trust from $18.00 to $17.00 in a research report on Friday, May 5th. Finally, Compass Point dropped their price target on Physicians Realty Trust from $21.00 to $19.00 and set a “buy” rating on the stock in a research report on Monday, March 27th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $16.85.
Physicians Realty Trust Profile
Physicians Realty Trust is a self-managed health care real estate company organized to acquire, selectively develop, own, and manage health care properties that are leased to physicians, hospitals and health care delivery systems. The Company invests in real estate that is integral to providing high quality health care.
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