Terra Nova Asset Management LLC reduced its position in shares of Physicians Realty Trust (NYSE:DOC) by 43.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,900 shares of the real estate investment trust’s stock after selling 20,518 shares during the period. Terra Nova Asset Management LLC’s holdings in Physicians Realty Trust were worth $565,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in DOC. Telemus Capital LLC purchased a new stake in shares of Physicians Realty Trust during the first quarter worth about $502,000. IFP Advisors Inc raised its position in shares of Physicians Realty Trust by 601.9% in the first quarter. IFP Advisors Inc now owns 76,042 shares of the real estate investment trust’s stock valued at $1,413,000 after buying an additional 65,208 shares during the period. TIAA CREF Investment Management LLC raised its position in shares of Physicians Realty Trust by 16.9% in the first quarter. TIAA CREF Investment Management LLC now owns 316,189 shares of the real estate investment trust’s stock valued at $5,875,000 after buying an additional 45,669 shares during the period. Teachers Advisors Inc. raised its position in shares of Physicians Realty Trust by 25.9% in the first quarter. Teachers Advisors Inc. now owns 154,498 shares of the real estate investment trust’s stock valued at $2,871,000 after buying an additional 31,794 shares during the period. Finally, Prudential Financial Inc. raised its position in shares of Physicians Realty Trust by 50.2% in the first quarter. Prudential Financial Inc. now owns 2,547,564 shares of the real estate investment trust’s stock valued at $47,333,000 after buying an additional 851,366 shares during the period. 94.08% of the stock is owned by hedge funds and other institutional investors.

Shares of Physicians Realty Trust (NYSE:DOC) traded up 2.05% during trading on Wednesday, reaching $21.41. 2,194,316 shares of the company’s stock traded hands. The company has a 50 day moving average price of $21.00 and a 200 day moving average price of $19.81. The stock has a market capitalization of $2.87 billion, a PE ratio of 109.23 and a beta of 0.57. Physicians Realty Trust has a 1-year low of $14.68 and a 1-year high of $22.03.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings results on Wednesday, August 3rd. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by $0.01. The business earned $53.20 million during the quarter, compared to analysts’ expectations of $50.82 million. Physicians Realty Trust had a net margin of 11.73% and a return on equity of 1.59%. The firm’s quarterly revenue was up 79.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 EPS. On average, equities analysts forecast that Physicians Realty Trust will post $1.03 EPS for the current fiscal year.

DOC has been the subject of several research analyst reports. SunTrust Banks Inc. increased their target price on shares of Physicians Realty Trust from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, August 4th. Raymond James Financial Inc. lowered shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, September 2nd. Compass Point increased their target price on shares of Physicians Realty Trust from $20.50 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, August 9th. BTIG Research initiated coverage on shares of Physicians Realty Trust in a research note on Thursday, August 25th. They set a “buy” rating and a $25.00 target price for the company. Finally, Citigroup Inc. lowered shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, September 2nd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $20.21.

In other Physicians Realty Trust news, insider John T. Thomas sold 15,000 shares of Physicians Realty Trust stock in a transaction dated Thursday, September 8th. The stock was sold at an average price of $21.79, for a total value of $326,850.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is owned by company insiders.

Physicians Realty Trust Company Profile

Physicians Realty Trust is a healthcare real estate company. The Company is engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company’s portfolio includes approximately 150 properties located in approximately 30 states with approximately 5,799,340 net leasable square feet.

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