The Swiss National Bank increases its equity position in Physicians Realty Trust (NYSE:DOC)


The Swiss National Bank increased its holdings of Physicians Realty Trust (NYSE:DOC – Get Rating) shares by 8.9% during the first quarter, according to the company in its latest communication with the Securities & Exchange Commission. The company held 520,906 shares of the real estate investment trust after acquiring an additional 42,600 shares during the quarter. The Swiss National Bank held approximately 0.23% of Physicians Realty Trust worth $9,137,000 when it last filed with the SEC.

A number of other institutional investors and hedge funds also bought and sold shares of the company. Rockefeller Capital Management LP increased its stake in Physicians Realty Trust by 8.3% during the fourth quarter. Rockefeller Capital Management LP now owns 8,588 shares of the real estate investment trust valued at $161,000 after acquiring an additional 657 shares during the period. Park Avenue Securities LLC increased its stake in Physicians Realty Trust by 4.1% during the first quarter. Park Avenue Securities LLC now owns 19,293 shares of the real estate investment trust worth $338,000 after acquiring an additional 761 shares during the period. Optimum Investment Advisors increased its stake in Physicians Realty Trust by 9.3% during the first quarter. Optimum Investment Advisors now owns 9,375 shares of the real estate investment trust worth $164,000 after acquiring an additional 800 shares during the period. DekaBank Deutsche Girozentrale increased its stake in Physicians Realty Trust by 2.2% during the first quarter. DekaBank Deutsche Girozentrale now owns 47,378 shares of the real estate investment trust worth $842,000 after acquiring an additional 1,034 shares during the period. Finally, Arizona State Retirement System increased its stake in Physicians Realty Trust by 1.8% during the first quarter. Arizona State Retirement System now owns 59,548 shares of the real estate investment trust worth $1,044,000 after acquiring 1,034 additional shares during the period. 87.64% of the shares are held by institutional investors.

Physicians Realty Trust shares fall 0.8%

NYSE:DOC shares opened at $17.81 on Friday. Physicians Realty Trust has a 1 year minimum of $16.07 and a 1 year maximum of $19.30. The company has a 50-day simple moving average of $17.26 and a two-hundred-day simple moving average of $17.41. The company has a market capitalization of $4.03 billion, a PE ratio of 50.89, a growth price-earnings ratio of 3.06 and a beta of 0.79. The company has a debt ratio of 0.65, a current ratio of 1.19 and a quick ratio of 1.19.

Physicians Realty Trust announces dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 19. Shareholders of record on Tuesday, July 5 received a dividend of $0.23 per share. The ex-dividend date was Friday, July 1. This represents an annualized dividend of $0.92 and a dividend yield of 5.17%. The dividend payout ratio (DPR) of Physicians Realty Trust is currently 262.86%.

Wall Street analysts predict growth

Several equity research analysts have recently released DOC stock reports. Capital One Financial began covering Physicians Realty Trust in a report on Friday June 3. They issued an “equal weight” rating and a target price of $20.00 on the stock. StockNews.com upgraded Physicians Realty Trust from a “sell” rating to a “hold” rating in a Monday, August 8 report. TheStreet upgraded Physicians Realty Trust from a ‘b-‘ to a ‘c+’ rating in a Tuesday, June 28 report. Jefferies Financial Group cut its price target on Physicians Realty Trust from $21.00 to $20.00 and set a “buy” rating on the stock in a Thursday, June 30 report. Finally, Morgan Stanley cut its target price on Physicians Realty Trust from $17.50 to $16.00 and set an “equal weight” rating on the stock in a Friday July 15 report. One financial analyst has assigned the stock a sell rating, nine have assigned a hold rating and two have assigned the stock a buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $18.70.

Insider Buying and Selling at Physicians Realty Trust

In other Physicians Realty Trust news, Director Pamela Shelley-Kessler purchased 3,000 shares of the company in a trade on Tuesday, June 14. The shares were acquired at an average price of $16.81 per share, for a total transaction of $50,430.00. Following completion of the transaction, the director now directly owns 3,000 shares of the company, valued at $50,430. The transaction was disclosed in a document filed with the SEC, accessible via this link. In other Physicians Realty Trust news, Director Pamela Shelley-Kessler purchased 3,000 shares of the company in a trade on Tuesday, June 14. The shares were acquired at an average price of $16.81 per share, for a total transaction of $50,430.00. Following completion of the transaction, the director now directly owns 3,000 shares of the company, valued at $50,430. The transaction was disclosed in a document filed with the SEC, accessible via this link. Additionally, SVP Bradley D. Page sold 4,330 shares of the company in a trade that took place on Monday, August 15. The shares were sold at an average price of $18.12, for a total value of $78,459.60. Following the completion of the sale, the senior vice president now owns 35,200 shares of the company, valued at approximately $637,824. The disclosure of this sale can be found here. Insiders sold 24,330 shares of the company worth $439,460 in the past 90 days. Insiders of the company hold 0.79% of the shares of the company.

About the Physicians Building Trust

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Physicians Realty Trust is a self-managed healthcare real estate company organized to selectively acquire, develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate which is integral to the delivery of high quality healthcare.

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Institutional ownership by quarter for Physicians Realty Trust (NYSE:DOC)



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Sallie R. Loera