Barclays PLC Sells 292,393 Shares of Physicians Realty Trust (NYSE:DOC)

Posted by Defense World Staff on Aug 9th, 2023

Barclays PLC trimmed its holdings in Physicians Realty Trust (NYSE:DOC – Free Report) by 32.1% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 619,631 shares of the real estate investment trust’s stock after selling 292,393 shares during the quarter. Barclays PLC owned about 0.26% of Physicians Realty Trust worth $9,251,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DOC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Physicians Realty Trust by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 80,734 shares of the real estate investment trust’s stock worth $1,416,000 after buying an additional 7,698 shares in the last quarter. Great West Life Assurance Co. Can increased its holdings in Physicians Realty Trust by 7.9% in the 1st quarter. Great West Life Assurance Co. Can now owns 181,899 shares of the real estate investment trust’s stock worth $3,317,000 after buying an additional 13,307 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Physicians Realty Trust by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,118,102 shares of the real estate investment trust’s stock worth $54,693,000 after buying an additional 15,264 shares in the last quarter. Sei Investments Co. increased its holdings in Physicians Realty Trust by 67.4% in the 1st quarter. Sei Investments Co. now owns 139,127 shares of the real estate investment trust’s stock worth $2,443,000 after buying an additional 56,006 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in Physicians Realty Trust by 77.4% in the 1st quarter. Cetera Investment Advisers now owns 17,778 shares of the real estate investment trust’s stock worth $312,000 after buying an additional 7,754 shares in the last quarter. 94.67% of the stock is currently owned by institutional investors.

Physicians Realty Trust Trading Down 1.9 %

Shares of NYSE:DOC opened at $14.68 on Wednesday. The stock has a 50 day moving average of $14.32 and a 200 day moving average of $14.59. The company has a market cap of $3.50 billion, a PE ratio of 34.95, a price-to-earnings-growth ratio of 1.45 and a beta of 0.84. The company has a current ratio of 3.51, a quick ratio of 1.47 and a debt-to-equity ratio of 0.67. Physicians Realty Trust has a 12-month low of $13.27 and a 12-month high of $18.30.

Physicians Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 18th. Investors of record on Wednesday, July 5th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, July 3rd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.27%. Physicians Realty Trust’s dividend payout ratio (DPR) is presently 219.05%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DOC. Morgan Stanley restated an “equal weight” rating and set a $14.50 price target on shares of Physicians Realty Trust in a research note on Thursday, July 20th. StockNews.com began coverage on Physicians Realty Trust in a research note on Thursday, May 18th. They set a “sell” rating for the company. Wells Fargo & Company boosted their price target on Physicians Realty Trust from $14.00 to $15.00 and gave the company an “underweight” rating in a research note on Monday. Barclays cut their price target on Physicians Realty Trust from $18.00 to $17.00 in a research note on Friday, May 5th. Finally, JMP Securities began coverage on Physicians Realty Trust in a research note on Friday, May 26th. They set an “outperform” rating and a $15.50 price target for the company. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $16.40.

Get Our Latest Stock Analysis on DOC

About Physicians Realty Trust

(Free Report)

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.