JPMorgan Chase & Co. Has $27.47 Million Holdings in Physicians Realty Trust (NYSE:DOC)

JPMorgan Chase & Co. grew its holdings in Physicians Realty Trust (NYSE:DOC – Get Rating) by 14.9% in the fourth quarter, HoldingsChannel reports. The fund owned 1,898,403 shares of the real estate investment trust’s stock after buying an additional 246,789 shares during the period. JPMorgan Chase & Co.’s holdings in Physicians Realty Trust were worth $27,470,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of DOC. Mckinley Capital Management LLC Delaware lifted its position in shares of Physicians Realty Trust by 1.8% during the fourth quarter. Mckinley Capital Management LLC Delaware now owns 40,263 shares of the real estate investment trust’s stock valued at $583,000 after purchasing an additional 711 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in Physicians Realty Trust by 2.6% during the 4th quarter. Pinnacle Associates Ltd. now owns 29,776 shares of the real estate investment trust’s stock valued at $431,000 after buying an additional 750 shares during the last quarter. Ontario Teachers Pension Plan Board increased its holdings in Physicians Realty Trust by 0.3% during the third quarter. Ontario Teachers Pension Plan Board now owns 225,274 shares of the real estate investment trust’s stock valued at $3,388,000 after buying an additional 776 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in 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 acquiring an additional 793 shares in the last quarter. Finally, Ronald Blue Trust Inc. lifted its holdings in shares of Physicians Realty Trust by 79.0% in the fourth 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. 91.28% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Royal Bank of Canada reduced their price target on shares of Physicians Realty Trust from $16.00 to $15.00 and set a “sector perform” rating for the company in a report on Tuesday, February 28th. Credit Suisse Group reiterated a “neutral” rating and set a $15.00 target price on shares of Physicians Realty Trust in a report on Wednesday, March 29th. Compass Point reduced their target price on shares of Physicians Realty Trust from $21.00 to $19.00 and set a “buy” rating for the company in a report on Monday, March 27th. Wells Fargo & Company assumed coverage on Physicians Realty Trust in a report on Wednesday, April 19th. They set an “underweight” rating and a $14.00 target price on the stock. Finally, StockNews.com began coverage on shares of Physicians Realty Trust in a research note on Thursday, May 18th. They issued a “sell” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $16.85.

Physicians Realty Trust Trading Down 0.9 %

NYSE:DOC opened at $14.32 on Monday. Physicians Realty Trust has a 12 month low of $13.27 and a 12 month high of $18.30. 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 stock has a market capitalization of $3.41 billion, a PE ratio of 32.55, a price-to-earnings-growth ratio of 12.49 and a beta of 0.83. The firm’s 50 day moving average is $14.25 and its 200 day moving average is $14.72.

Physicians Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 18th. Investors of record on Tuesday, April 4th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.42%. The ex-dividend date of this dividend was Monday, April 3rd. Physicians Realty Trust’s dividend payout ratio is currently 209.09%.

About Physicians Realty Trust

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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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