United Services Automobile Association boosted its holdings in Physicians Realty Trust (NYSE:DOC) by 3.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 745,765 shares of the real estate investment trust’s stock after purchasing an additional 27,260 shares during the quarter. United Services Automobile Association owned about 0.41% of Physicians Realty Trust worth $11,955,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in DOC. Macroview Investment Management LLC acquired a new position in Physicians Realty Trust in the fourth quarter valued at approximately $32,000. We Are One Seven LLC acquired a new stake in shares of Physicians Realty Trust during the fourth quarter worth $38,000. Lindbrook Capital LLC acquired a new stake in shares of Physicians Realty Trust during the fourth quarter worth $42,000. Quantamental Technologies LLC acquired a new stake in shares of Physicians Realty Trust during the fourth quarter worth $75,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of Physicians Realty Trust during the third quarter worth $109,000. 92.60% of the stock is owned by hedge funds and other institutional investors.
DOC has been the subject of several recent research reports. Zacks Investment Research downgraded Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, January 31st. ValuEngine raised Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, February 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. Physicians Realty Trust currently has an average rating of “Buy” and a consensus target price of $17.70.
NYSE:DOC traded down $0.15 during trading hours on Friday, hitting $18.37. The company’s stock had a trading volume of 665,353 shares, compared to its average volume of 1,310,942. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 16.56 and a beta of 0.62. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.04 and a current ratio of 1.04. Physicians Realty Trust has a 52-week low of $14.34 and a 52-week high of $18.84.
Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings data on Wednesday, February 27th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.01). The business had revenue of $105.31 million during the quarter, compared to analysts’ expectations of $104.75 million. Physicians Realty Trust had a return on equity of 2.26% and a net margin of 13.31%. The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS. On average, analysts predict that Physicians Realty Trust will post 1.08 EPS for the current year.
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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