Physicians Realty Trust (DOC) Stake Reduced by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in shares of Physicians Realty Trust (NYSE:DOC) by 8.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,556 shares of the real estate investment trust’s stock after selling 1,065 shares during the period. SG Americas Securities LLC’s holdings in Physicians Realty Trust were worth $230,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Quantbot Technologies LP boosted its stake in shares of Physicians Realty Trust by 69.8% in the first quarter. Quantbot Technologies LP now owns 11,729 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 4,821 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Physicians Realty Trust by 31.0% in the first quarter. Envestnet Asset Management Inc. now owns 52,793 shares of the real estate investment trust’s stock valued at $1,050,000 after buying an additional 12,506 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of Physicians Realty Trust by 11.3% in the first quarter. Ameritas Investment Partners Inc. now owns 12,989 shares of the real estate investment trust’s stock valued at $258,000 after buying an additional 1,315 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Physicians Realty Trust by 110.0% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 229,504 shares of the real estate investment trust’s stock valued at $4,560,000 after buying an additional 120,213 shares during the last quarter. Finally, 1st Global Advisors Inc. boosted its stake in shares of Physicians Realty Trust by 13.7% in the first quarter. 1st Global Advisors Inc. now owns 28,098 shares of the real estate investment trust’s stock valued at $558,000 after buying an additional 3,380 shares during the last quarter. Institutional investors own 79.93% of the company’s stock.

Physicians Realty Trust (NYSE:DOC) traded down 0.16% during midday trading on Friday, reaching $18.46. The company’s stock had a trading volume of 1,641,760 shares. Physicians Realty Trust has a 1-year low of $17.12 and a 1-year high of $22.03. The company has a 50 day moving average of $19.85 and a 200-day moving average of $19.61. The company has a market capitalization of $2.83 billion, a P/E ratio of 83.53 and a beta of 0.58.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.02. Physicians Realty Trust had a return on equity of 1.68% and a net margin of 11.42%. The business had revenue of $76.70 million during the quarter, compared to analyst estimates of $77.57 million. During the same quarter last year, the firm posted $0.22 EPS. The company’s revenue was up 73.9% compared to the same quarter last year. Equities research analysts anticipate that Physicians Realty Trust will post $0.23 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 18th. Investors of record on Monday, July 3rd were paid a $0.23 dividend. This is a boost from Physicians Realty Trust’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Thursday, June 29th. This represents a $0.92 annualized dividend and a dividend yield of 4.98%. Physicians Realty Trust’s payout ratio is 418.20%.

WARNING: This report was first reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.chaffeybreeze.com/2017/07/29/sg-americas-securities-llc-has-230000-position-in-physicians-realty-trust-doc-updated-updated-updated.html.

Several equities analysts have recently commented on DOC shares. Morgan Stanley raised Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price target on the stock in a research note on Monday, July 24th. Raymond James Financial, Inc. lowered Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating and set a $21.00 price target on the stock. in a research note on Monday, July 17th. UBS AG lowered Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a research note on Monday, July 17th. Stifel Nicolaus decreased their target price on Physicians Realty Trust from $23.00 to $22.00 and set a “buy” rating on the stock in a research note on Wednesday, July 12th. Finally, Zacks Investment Research lowered Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Physicians Realty Trust presently has an average rating of “Buy” and an average price target of $21.00.

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.

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

Receive News & Ratings for Physicians Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Physicians Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply