California State Teachers Retirement System cut its holdings in Physicians Realty Trust (NYSE:DOC) by 2.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 279,784 shares of the real estate investment trust’s stock after selling 6,556 shares during the quarter. California State Teachers Retirement System’s holdings in Physicians Realty Trust were worth $5,263,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Macroview Investment Management LLC acquired a new stake in Physicians Realty Trust during the fourth quarter worth approximately $32,000. Lindbrook Capital LLC acquired a new stake in Physicians Realty Trust during the fourth quarter worth approximately $42,000. Quadrant Capital Group LLC acquired a new stake in Physicians Realty Trust during the first quarter worth approximately $91,000. Hanseatic Management Services Inc. acquired a new stake in Physicians Realty Trust during the first quarter worth approximately $148,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in Physicians Realty Trust during the first quarter worth approximately $150,000. Institutional investors and hedge funds own 95.92% of the company’s stock.

DOC stock opened at $18.07 on Thursday. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 16.73 and a beta of 0.55. Physicians Realty Trust has a one year low of $14.82 and a one year high of $19.16. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.53 and a quick ratio of 1.53.

Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Wednesday, May 1st. The real estate investment trust reported $0.25 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.01). The business had revenue of $105.40 million for the quarter, compared to analyst estimates of $104.27 million. Physicians Realty Trust had a return on equity of 2.28% and a net margin of 13.34%. The firm’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.26 EPS. As a group, sell-side analysts anticipate that Physicians Realty Trust will post 1.06 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, March 28th. Morgan Stanley set a $19.00 target price on shares of Physicians Realty Trust and gave the company a “hold” rating in a research note on Thursday, March 28th. Finally, BMO Capital Markets lowered shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $17.45 price target for the company. in a research note on Tuesday, May 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $18.12.

In other news, insider John T. Thomas sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $18.26, for a total transaction of $91,300.00. Following the transaction, the insider now directly owns 311,251 shares of the company’s stock, valued at $5,683,443.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is currently owned by corporate insiders.

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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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