Optimum Investment Advisors Has $306,000 Position in Physicians Realty Trust (DOC)
Optimum Investment Advisors boosted its position in Physicians Realty Trust (NYSE:DOC) by 0.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 15,191 shares of the real estate investment trust’s stock after purchasing an additional 68 shares during the period. Optimum Investment Advisors’ holdings in Physicians Realty Trust were worth $306,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of DOC. UBS Group AG increased its stake in Physicians Realty Trust by 8.4% in the 1st quarter. UBS Group AG now owns 133,772 shares of the real estate investment trust’s stock valued at $2,658,000 after buying an additional 10,327 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Physicians Realty Trust by 3.7% in the 2nd quarter. Alliancebernstein L.P. now owns 288,816 shares of the real estate investment trust’s stock worth $5,817,000 after buying an additional 10,257 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Physicians Realty Trust by 32.7% in the 2nd quarter. Bank of Montreal Can now owns 52,166 shares of the real estate investment trust’s stock worth $1,051,000 after buying an additional 12,845 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Physicians Realty Trust by 11.5% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 582,265 shares of the real estate investment trust’s stock worth $11,570,000 after buying an additional 60,006 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Physicians Realty Trust by 10.6% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 98,320 shares of the real estate investment trust’s stock worth $1,954,000 after buying an additional 9,400 shares during the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.
Physicians Realty Trust (NYSE DOC) traded down 0.085% during mid-day trading on Tuesday, hitting $17.545. 204,585 shares of the stock traded hands. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 74.979 and a beta of 0.53. Physicians Realty Trust has a 1-year low of $17.12 and a 1-year high of $21.85. The company’s 50 day moving average price is $18.32 and its 200-day moving average price is $19.37.
Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.01. The company had revenue of $76.60 million during the quarter, compared to the consensus estimate of $80.48 million. Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.51%. The firm’s revenue was up 43.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.22 EPS. Analysts predict that Physicians Realty Trust will post $0.26 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Tuesday, October 3rd will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date is Monday, October 2nd. Physicians Realty Trust’s payout ratio is 400.02%.
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A number of analysts recently commented on DOC shares. FBR & Co reaffirmed an “outperform” rating and set a $21.00 price target on shares of Physicians Realty Trust in a research report on Tuesday, July 11th. Jefferies Group LLC cut Physicians Realty Trust from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $21.00 to $17.00 in a research report on Friday, July 7th. Capital One Financial Corporation began coverage on Physicians Realty Trust in a research note on Monday, September 25th. They issued an “equal weight” rating and a $19.50 price objective for the company. Royal Bank Of Canada reaffirmed a “buy” rating and set a $21.00 target price on shares of Physicians Realty Trust in a research report on Wednesday, September 13th. Finally, Stifel Nicolaus lowered their target price on Physicians Realty Trust from $23.00 to $22.00 and set a “buy” rating on the stock in a research note on Wednesday, July 12th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $20.58.
Physicians Realty Trust Company 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.
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