Greenleaf Trust purchased a new position in Physicians Realty Trust (NYSE:DOC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 66,522 shares of the real estate investment trust’s stock, valued at approximately $1,197,000.
Other hedge funds also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC raised its stake in Physicians Realty Trust by 355.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 6,280 shares of the real estate investment trust’s stock worth $113,000 after buying an additional 4,900 shares in the last quarter. Cypress Wealth Services LLC bought a new position in Physicians Realty Trust in the fourth quarter worth about $180,000. Greenwood Capital Associates LLC bought a new position in Physicians Realty Trust in the fourth quarter worth about $194,000. Ameritas Investment Partners Inc. raised its stake in Physicians Realty Trust by 4.3% in the second quarter. Ameritas Investment Partners Inc. now owns 13,543 shares of the real estate investment trust’s stock worth $273,000 after buying an additional 554 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Physicians Realty Trust by 37.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,427 shares of the real estate investment trust’s stock worth $278,000 after buying an additional 4,214 shares in the last quarter. 94.61% of the stock is owned by institutional investors.
DOC has been the subject of a number of research reports. Royal Bank of Canada reissued a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research note on Wednesday, November 15th. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. SunTrust Banks set a $18.00 price target on shares of Physicians Realty Trust and gave the stock a “hold” rating in a research note on Monday, January 22nd. Raymond James Financial set a $20.00 target price on shares of Physicians Realty Trust and gave the company a “buy” rating in a research note on Thursday, December 7th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $19.00 target price (down previously from $21.00) on shares of Physicians Realty Trust in a research note on Friday, January 5th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $20.05.
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 18th. Shareholders of record on Wednesday, January 3rd were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.18%. The ex-dividend date was Tuesday, January 2nd. Physicians Realty Trust’s dividend payout ratio is 400.02%.
In other Physicians Realty Trust news, Director Tommy G. Thompson bought 2,705 shares of the firm’s stock in a transaction on Thursday, December 14th. The stock was acquired at an average price of $18.46 per share, with a total value of $49,934.30. Following the completion of the purchase, the director now owns 49,339 shares of the company’s stock, valued at $910,797.94. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.51% of the stock is currently owned by company insiders.
Physicians Realty Trust Company Profile
Physicians Realty Trust (the Trust) is a real estate investment trust. Physicians Realty L.P. is the operating partnership of the Trust. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.
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