Physicians Realty Trust (DOC) Shares Sold by Northern Trust Corp

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Northern Trust Corp lowered its stake in Physicians Realty Trust (NYSE:DOC) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,933,259 shares of the real estate investment trust’s stock after selling 203,781 shares during the quarter. Northern Trust Corp’s holdings in Physicians Realty Trust were worth $63,050,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DOC. Rehmann Capital Advisory Group lifted its holdings in Physicians Realty Trust by 1,571.6% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,649,447 shares of the real estate investment trust’s stock valued at $97,832,000 after acquiring an additional 1,550,770 shares during the last quarter. Macquarie Group Ltd. lifted its holdings in Physicians Realty Trust by 379.4% in the 3rd quarter. Macquarie Group Ltd. now owns 1,690,733 shares of the real estate investment trust’s stock valued at $28,506,000 after acquiring an additional 1,338,058 shares during the last quarter. Deutsche Bank AG lifted its holdings in Physicians Realty Trust by 27.6% in the 3rd quarter. Deutsche Bank AG now owns 6,044,245 shares of the real estate investment trust’s stock valued at $101,901,000 after acquiring an additional 1,308,819 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Physicians Realty Trust by 22.8% in the 3rd quarter. Janus Henderson Group PLC now owns 5,141,709 shares of the real estate investment trust’s stock valued at $86,697,000 after acquiring an additional 956,342 shares during the last quarter. Finally, United Services Automobile Association lifted its holdings in Physicians Realty Trust by 2,481.3% in the 3rd quarter. United Services Automobile Association now owns 718,505 shares of the real estate investment trust’s stock valued at $12,114,000 after acquiring an additional 690,670 shares during the last quarter. 92.60% of the stock is owned by institutional investors and hedge funds.

DOC stock opened at $18.30 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.63. Physicians Realty Trust has a one year low of $14.34 and a one year high of $18.84. The stock has a market cap of $3.34 billion, a price-to-earnings ratio of 16.56 and a beta of 0.62.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Wednesday, February 27th. The real estate investment trust reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Physicians Realty Trust had a net margin of 13.31% and a return on equity of 2.26%. The firm had revenue of $105.31 million for the quarter, compared to analysts’ expectations of $104.75 million. During the same period in the prior year, the company posted $0.27 earnings per share. Physicians Realty Trust’s quarterly revenue was up 8.2% compared to the same quarter last year. Sell-side analysts predict that Physicians Realty Trust will post 1.08 EPS for the current year.

A number of brokerages have weighed in on DOC. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, March 4th. ValuEngine raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, February 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company’s stock. Physicians Realty Trust currently has an average rating of “Buy” and a consensus target price of $17.70.

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Physicians Realty Trust Profile

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

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

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