Janney Montgomery Scott LLC lessened its stake in shares of Physicians Realty Trust (NYSE:DOC) by 9.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 135,815 shares of the real estate investment trust’s stock after selling 14,332 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.07% of Physicians Realty Trust worth $2,290,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DOC. Janus Henderson Group PLC boosted its position in Physicians Realty Trust by 58.5% during the 2nd quarter. Janus Henderson Group PLC now owns 4,185,367 shares of the real estate investment trust’s stock valued at $66,724,000 after acquiring an additional 1,545,022 shares in the last quarter. BlackRock Inc. boosted its position in Physicians Realty Trust by 6.4% during the 2nd quarter. BlackRock Inc. now owns 17,459,820 shares of the real estate investment trust’s stock valued at $278,311,000 after acquiring an additional 1,042,923 shares in the last quarter. Wells Fargo & Company MN boosted its position in Physicians Realty Trust by 32.8% during the 2nd quarter. Wells Fargo & Company MN now owns 3,864,614 shares of the real estate investment trust’s stock valued at $61,602,000 after acquiring an additional 954,426 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in Physicians Realty Trust by 934.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 877,500 shares of the real estate investment trust’s stock valued at $13,987,000 after acquiring an additional 792,700 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in Physicians Realty Trust by 49.1% during the 2nd quarter. Victory Capital Management Inc. now owns 2,290,133 shares of the real estate investment trust’s stock valued at $36,504,000 after acquiring an additional 753,762 shares in the last quarter. 92.82% of the stock is currently owned by institutional investors and hedge funds.

Physicians Realty Trust stock opened at $16.66 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $3.05 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 3.94 and a beta of 0.40. Physicians Realty Trust has a 1-year low of $14.13 and a 1-year high of $19.03.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Friday, November 2nd. The real estate investment trust reported $0.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.01. The firm had revenue of $105.03 million during the quarter, compared to analysts’ expectations of $103.70 million. Physicians Realty Trust had a return on equity of 2.20% and a net margin of 13.33%. The business’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.26 EPS. As a group, equities research analysts expect that Physicians Realty Trust will post 1.09 EPS for the current fiscal year.

DOC has been the topic of several recent research reports. Capital One Financial raised Physicians Realty Trust from an “equal weight” rating to an “overweight” rating in a research report on Friday, August 3rd. KeyCorp increased their target price on Physicians Realty Trust from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Monday, September 10th. Zacks Investment Research raised Physicians Realty Trust from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research report on Monday, August 6th. Jefferies Financial Group reaffirmed a “hold” rating and set a $18.00 target price on shares of Physicians Realty Trust in a research report on Monday, August 13th. Finally, Morgan Stanley increased their target price on Physicians Realty Trust from $15.00 to $16.00 and gave the company an “equal weight” rating in a research report on Thursday, August 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $17.77.

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

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