State Board of Administration of Florida Retirement System increased its stake in Physicians Realty Trust (NYSE:DOC) by 45.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,499 shares of the real estate investment trust’s stock after acquiring an additional 16,130 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Physicians Realty Trust were worth $913,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC grew its position in Physicians Realty Trust by 603.8% in the second quarter. Chicago Partners Investment Group LLC now owns 9,086 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 7,795 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Physicians Realty Trust by 16.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,462 shares of the real estate investment trust’s stock worth $191,000 after acquiring an additional 1,364 shares in the last quarter. Pinnacle Associates Ltd. purchased a new position in Physicians Realty Trust in the second quarter worth about $205,000. Profund Advisors LLC grew its position in Physicians Realty Trust by 6.8% in the second quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock worth $233,000 after acquiring an additional 733 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its position in Physicians Realty Trust by 1.7% in the second quarter. Teacher Retirement System of Texas now owns 11,997 shares of the real estate investment trust’s stock worth $242,000 after acquiring an additional 203 shares in the last quarter. Institutional investors own 93.66% of the company’s stock.

Shares of Physicians Realty Trust (NYSE DOC) opened at $18.20 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.59 and a quick ratio of 1.59. The stock has a market cap of $3,261.79, a PE ratio of 17.33, a price-to-earnings-growth ratio of 2.47 and a beta of 0.52. Physicians Realty Trust has a 12 month low of $17.25 and a 12 month high of $21.85.

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

In related news, insider Jeffrey Theiler purchased 5,634 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was purchased at an average price of $17.76 per share, with a total value of $100,059.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.51% of the company’s stock.

DOC has been the subject of several recent research reports. Stifel Nicolaus reiterated a “buy” rating and issued a $22.00 price target on shares of Physicians Realty Trust in a research report on Wednesday, October 4th. Cantor Fitzgerald reiterated a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research report on Tuesday, September 26th. Royal Bank Of Canada reiterated a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research report on Wednesday, September 13th. B. Riley reiterated a “buy” rating on shares of Physicians Realty Trust in a research report on Wednesday, November 1st. Finally, Morgan Stanley upgraded Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price target for the company in a research report on Monday, July 24th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $20.50.

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Physicians Realty Trust 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)

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