Manning & Napier Advisors LLC lowered its stake in Physicians Realty Trust (NYSE:DOC) by 6.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 525,940 shares of the real estate investment trust’s stock after selling 35,940 shares during the period. Manning & Napier Advisors LLC’s holdings in Physicians Realty Trust were worth $11,327,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of DOC. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of Physicians Realty Trust by 0.6% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 22,300 shares of the real estate investment trust’s stock valued at $480,000 after buying an additional 136 shares during the period. California Public Employees Retirement System boosted its position in shares of Physicians Realty Trust by 3.0% in the third quarter. California Public Employees Retirement System now owns 216,300 shares of the real estate investment trust’s stock valued at $4,659,000 after buying an additional 6,200 shares during the period. Shinko Asset Management Co. Ltd. boosted its position in shares of Physicians Realty Trust by 897.0% in the third quarter. Shinko Asset Management Co. Ltd. now owns 1,486,959 shares of the real estate investment trust’s stock valued at $32,029,000 after buying an additional 1,337,810 shares during the period. PGGM Investments acquired a new position in shares of Physicians Realty Trust during the third quarter valued at about $58,675,000. Finally, 1st Global Advisors Inc. boosted its position in shares of Physicians Realty Trust by 18.7% in the third quarter. 1st Global Advisors Inc. now owns 22,026 shares of the real estate investment trust’s stock valued at $474,000 after buying an additional 3,475 shares during the period. 95.74% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Physicians Realty Trust (NYSE:DOC) opened at 18.78 on Friday. Physicians Realty Trust has a 12 month low of $15.41 and a 12 month high of $22.03. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 85.75 and a beta of 0.55. The stock has a 50 day moving average of $18.54 and a 200 day moving average of $20.01.

Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Wednesday, November 2nd. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.01. Physicians Realty Trust had a net margin of 12.86% and a return on equity of 1.77%. The company earned $70 million during the quarter, compared to analyst estimates of $66.21 million. During the same quarter in the previous year, the company posted $0.26 EPS. The company’s quarterly revenue was up 100.6% on a year-over-year basis. On average, equities research analysts expect that Physicians Realty Trust will post $0.26 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 18th. Stockholders of record on Thursday, January 5th will be issued a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.79%. The ex-dividend date of this dividend is Tuesday, January 3rd. Physicians Realty Trust’s payout ratio is 409.11%.

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Several brokerages recently issued reports on DOC. Zacks Investment Research cut shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday. Canaccord Genuity reissued a “buy” rating and set a $20.00 target price on shares of Physicians Realty Trust in a report on Thursday, January 5th. RBC Capital Markets set a $20.00 price target on shares of Physicians Realty Trust and gave the company a “buy” rating in a research report on Tuesday, January 3rd. KeyCorp lowered shares of Physicians Realty Trust to an “overweight” rating in a research report on Wednesday, December 21st. Finally, Jefferies Group began coverage on shares of Physicians Realty Trust in a research report on Friday, December 16th. They set a “hold” rating and a $19.50 price target on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $21.00.

In related news, Director Tommy G. Thompson bought 2,100 shares of the stock in a transaction dated Wednesday, November 23rd. The stock was acquired at an average price of $18.05 per share, for a total transaction of $37,905.00. Following the acquisition, the director now owns 32,938 shares in the company, valued at approximately $594,530.90. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Albert Black, Jr. bought 4,439 shares of the stock in a transaction dated Thursday, November 10th. The stock was bought at an average price of $17.50 per share, with a total value of $77,682.50. Following the acquisition, the director now owns 26,772 shares in the company, valued at approximately $468,510. The disclosure for this purchase can be found here. 0.54% of the stock is currently owned by 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.

5 Day Chart for NYSE:DOC

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