MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income Acquires 538,845 Shares of Physicians Realty Trust (NYSE:DOC)

MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income increased its position in Physicians Realty Trust (NYSE:DOCGet Rating) by 113.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,013,908 shares of the real estate investment trust’s stock after acquiring an additional 538,845 shares during the period. Physicians Realty Trust makes up 2.0% of MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income’s portfolio, making the stock its 3rd biggest position. MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income owned approximately 0.45% of Physicians Realty Trust worth $17,784,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Covestor Ltd purchased a new stake in shares of Physicians Realty Trust in the fourth quarter worth approximately $25,000. FourThought Financial LLC bought a new position in shares of Physicians Realty Trust in the first quarter valued at approximately $35,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Physicians Realty Trust in the first quarter valued at approximately $37,000. CWM LLC raised its position in shares of Physicians Realty Trust by 93.0% in the first quarter. CWM LLC now owns 2,210 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 1,065 shares during the period. Finally, UMB Bank N A MO bought a new position in shares of Physicians Realty Trust in the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 87.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on DOC shares. Bank of America cut Physicians Realty Trust from a “neutral” rating to an “underperform” rating and set a $18.00 price objective for the company. in a report on Thursday, May 19th. Capital One Financial initiated coverage on Physicians Realty Trust in a research report on Friday, June 3rd. They issued an “equal weight” rating and a $20.00 price objective for the company. Barclays began coverage on Physicians Realty Trust in a research report on Tuesday, April 26th. They set an “overweight” rating and a $20.00 price target for the company. StockNews.com cut Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, May 24th. Finally, Truist Financial dropped their price objective on Physicians Realty Trust from $18.00 to $17.00 and set a “hold” rating on the stock in a research note on Monday, July 11th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Physicians Realty Trust has an average rating of “Hold” and a consensus price target of $18.70.

Physicians Realty Trust Trading Down 1.0 %

Shares of DOC traded down $0.18 during mid-day trading on Friday, reaching $17.24. 2,299,911 shares of the company were exchanged, compared to its average volume of 1,981,366. Physicians Realty Trust has a 52 week low of $16.07 and a 52 week high of $19.30. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.26 and a current ratio of 1.19. The stock has a market capitalization of $3.88 billion, a PE ratio of 49.26, a PEG ratio of 2.78 and a beta of 0.79. The business has a 50 day simple moving average of $17.31 and a two-hundred day simple moving average of $17.41.

Physicians Realty Trust (NYSE:DOCGet Rating) last issued its quarterly earnings data on Wednesday, May 4th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.22). The company had revenue of $130.39 million for the quarter, compared to the consensus estimate of $126.51 million. Physicians Realty Trust had a return on equity of 2.70% and a net margin of 15.92%. Physicians Realty Trust’s revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.27 earnings per share. On average, analysts predict that Physicians Realty Trust will post 1.07 earnings per share for the current fiscal year.

Physicians Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 19th. Shareholders of record on Tuesday, July 5th were issued a $0.23 dividend. The ex-dividend date was Friday, July 1st. This represents a $0.92 dividend on an annualized basis and a yield of 5.34%. Physicians Realty Trust’s payout ratio is currently 262.86%.

Insiders Place Their Bets

In other news, Director Pamela Shelley-Kessler acquired 3,000 shares of Physicians Realty Trust stock in a transaction on Tuesday, June 14th. The stock was purchased at an average price of $16.81 per share, with a total value of $50,430.00. Following the completion of the purchase, the director now owns 3,000 shares of the company’s stock, valued at approximately $50,430. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.79% of the stock is currently owned by corporate insiders.

About Physicians Realty Trust

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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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