ProShare Advisors LLC Sells 32,060 Shares of Physicians Realty Trust (NYSE:DOC)

Posted by on Sep 8th, 2023

ProShare Advisors LLC lessened its holdings in Physicians Realty Trust (NYSE:DOC – Free Report) by 44.2% during the first quarter, HoldingsChannel reports. The fund owned 40,413 shares of the real estate investment trust’s stock after selling 32,060 shares during the quarter. ProShare Advisors LLC’s holdings in Physicians Realty Trust were worth $603,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Benjamin Edwards Inc. lifted its holdings in shares of Physicians Realty Trust by 144.0% in the first quarter. Benjamin Edwards Inc. now owns 2,623 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 1,548 shares in the last quarter. Carderock Capital Management Inc. purchased a new stake in Physicians Realty Trust in the 1st quarter valued at $51,000. Delta Asset Management LLC TN bought a new position in Physicians Realty Trust during the 4th quarter valued at $65,000. Worth Asset Management LLC purchased a new position in Physicians Realty Trust during the 1st quarter worth $102,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of Physicians Realty Trust by 8.4% in the 1st quarter. Tower Research Capital LLC TRC now owns 9,167 shares of the real estate investment trust’s stock worth $137,000 after acquiring an additional 711 shares in the last quarter. Institutional investors own 95.51% of the company’s stock.

Physicians Realty Trust Trading Down 0.2 %

NYSE:DOC opened at $13.37 on Friday. Physicians Realty Trust has a 1 year low of $13.23 and a 1 year high of $17.39. The stock’s fifty day moving average price is $14.19 and its two-hundred day moving average price is $14.32. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.51 and a quick ratio of 3.51. The company has a market cap of $3.19 billion, a P/E ratio of 31.83, a P/E/G ratio of 1.34 and a beta of 0.83.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DOC. StockNews.com assumed coverage on shares of Physicians Realty Trust in a research report on Thursday, August 17th. They issued a “sell” rating for the company. Wells Fargo & Company increased their price target on Physicians Realty Trust from $14.00 to $15.00 and gave the company an “underweight” rating in a research report on Monday, August 7th. Morgan Stanley restated an “equal weight” rating and issued a $14.50 price objective on shares of Physicians Realty Trust in a research note on Thursday, July 20th. Truist Financial restated a “hold” rating and set a $15.00 price target on shares of Physicians Realty Trust in a research report on Wednesday, August 16th. Finally, JMP Securities assumed coverage on shares of Physicians Realty Trust in a research report on Friday, May 26th. They set an “outperform” rating and a $15.50 target price for the company. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $15.82.

View Our Latest Stock Report 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.

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Want to see what other hedge funds are holding DOC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Physicians Realty Trust (NYSE:DOC – Free Report).

Institutional Ownership by Quarter for Physicians Realty Trust (NYSE:DOC)

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