Arizona State Retirement System boosted its holdings in Physicians Realty Trust (NYSE:DOC – Free Report) by 1.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,879 shares of the real estate investment trust’s stock after acquiring an additional 877 shares during the quarter. Arizona State Retirement System’s holdings in Physicians Realty Trust were worth $827,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in DOC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position 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 valued at $1,416,000 after acquiring an additional 7,698 shares during the period. Great West Life Assurance Co. Can increased its position 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 valued at $3,317,000 after acquiring an additional 13,307 shares during the period. Dimensional Fund Advisors LP increased its position 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 valued at $54,693,000 after acquiring an additional 15,264 shares during the period. Sei Investments Co. increased its position 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 valued at $2,443,000 after acquiring an additional 56,006 shares during the period. Finally, Cetera Investment Advisers increased its position 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 valued at $312,000 after acquiring an additional 7,754 shares during the period. 95.51% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. KeyCorp reiterated a “sector weight” rating on shares of Physicians Realty Trust in a research report on Friday, January 5th. Truist Financial lowered their price target on Physicians Realty Trust from $15.00 to $14.00 and set a “hold” rating on the stock in a research report on Friday, December 22nd. Compass Point lowered their price target on Physicians Realty Trust from $19.00 to $18.00 and set a “buy” rating on the stock in a research report on Tuesday, January 2nd. Finally, StockNews.com assumed coverage on Physicians Realty Trust in a research report on Sunday. They set a “hold” rating on the stock. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $15.33.
Physicians Realty Trust Stock Performance
Shares of NYSE DOC opened at $11.97 on Wednesday. The company has a quick ratio of 2.85, a current ratio of 2.85 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 63.00, a PEG ratio of 3.88 and a beta of 0.87. The stock’s fifty day simple moving average is $12.88 and its 200 day simple moving average is $12.71. Physicians Realty Trust has a 52-week low of $10.52 and a 52-week high of $15.90.
Physicians Realty Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, January 18th. Investors of record on Wednesday, January 3rd were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date was Tuesday, January 2nd. Physicians Realty Trust’s payout ratio is 484.21%.
Physicians Realty Trust Company Profile
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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