American International Group Inc. Boosts Holdings in Physicians Realty Trust (DOC)

American International Group Inc. grew its holdings in shares of Physicians Realty Trust (NYSE:DOC) by 22.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 116,922 shares of the real estate investment trust’s stock after acquiring an additional 21,213 shares during the quarter. American International Group Inc. owned 0.07% of Physicians Realty Trust worth $2,073,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of DOC. Alliancebernstein L.P. increased its stake in shares of Physicians Realty Trust by 3.7% in the second quarter. Alliancebernstein L.P. now owns 288,816 shares of the real estate investment trust’s stock worth $5,817,000 after buying an additional 10,257 shares during the period. Bank of Montreal Can increased its stake in shares of Physicians Realty Trust by 32.7% in the second quarter. Bank of Montreal Can now owns 52,166 shares of the real estate investment trust’s stock worth $1,051,000 after buying an additional 12,845 shares during the period. Loeb Partners Corp increased its stake in shares of Physicians Realty Trust by 36.8% in the third quarter. Loeb Partners Corp now owns 22,300 shares of the real estate investment trust’s stock worth $396,000 after buying an additional 6,000 shares during the period. Rhumbline Advisers increased its stake in shares of Physicians Realty Trust by 16.7% in the second quarter. Rhumbline Advisers now owns 205,537 shares of the real estate investment trust’s stock worth $4,140,000 after buying an additional 29,372 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of Physicians Realty Trust by 3.7% in the second quarter. California Public Employees Retirement System now owns 181,400 shares of the real estate investment trust’s stock worth $3,653,000 after buying an additional 6,400 shares during the period. 94.90% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Jeffrey Theiler purchased 5,634 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were acquired at an average price of $17.76 per share, for a total transaction of $100,059.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.51% of the company’s stock.

DOC has been the topic of several analyst reports. Jefferies Group raised shares of Physicians Realty Trust from an “underperform” rating to a “hold” rating and lifted their target price for the stock from $17.00 to $18.00 in a research note on Monday, August 21st. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $21.00 target price (down from $23.00) on shares of Physicians Realty Trust in a research note on Monday, August 21st. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. KeyCorp reaffirmed a “hold” rating on shares of Physicians Realty Trust in a research note on Tuesday, September 12th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research note on Wednesday, September 13th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $20.41.

Shares of Physicians Realty Trust (NYSE DOC) opened at $18.02 on Monday. The firm has a market cap of $3,230.00, a price-to-earnings ratio of 17.16, a P/E/G ratio of 2.81 and a beta of 0.54. Physicians Realty Trust has a fifty-two week low of $17.25 and a fifty-two week high of $21.85. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.46.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). The company had revenue of $93.00 million during the quarter, compared to the consensus estimate of $90.21 million. Physicians Realty Trust had a net margin of 11.39% and a return on equity of 1.70%. The business’s revenue was up 32.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 EPS. equities analysts expect that Physicians Realty Trust will post 1.05 EPS for the current year.

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

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