Chartwell Investment Partners LLC raised its holdings in Physicians Realty Trust (NYSE:DOC) by 36.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 119,868 shares of the real estate investment trust’s stock after acquiring an additional 32,114 shares during the quarter. Chartwell Investment Partners LLC’s holdings in Physicians Realty Trust were worth $2,255,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in DOC. Geode Capital Management LLC raised its stake in shares of Physicians Realty Trust by 10.3% during the 4th quarter. Geode Capital Management LLC now owns 1,950,300 shares of the real estate investment trust’s stock worth $31,263,000 after buying an additional 182,889 shares during the last quarter. Norges Bank acquired a new position in shares of Physicians Realty Trust during the 4th quarter worth $35,906,000. UBS Oconnor LLC raised its stake in shares of Physicians Realty Trust by 502.9% during the 4th quarter. UBS Oconnor LLC now owns 211,000 shares of the real estate investment trust’s stock worth $3,382,000 after buying an additional 176,000 shares during the last quarter. Macquarie Group Ltd. raised its stake in shares of Physicians Realty Trust by 20.5% during the 4th quarter. Macquarie Group Ltd. now owns 2,037,870 shares of the real estate investment trust’s stock worth $32,667,000 after buying an additional 347,137 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of Physicians Realty Trust by 95.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 935,178 shares of the real estate investment trust’s stock worth $14,991,000 after buying an additional 456,152 shares during the last quarter. 93.66% of the stock is owned by institutional investors.
Physicians Realty Trust stock opened at $18.38 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market cap of $3.36 billion, a P/E ratio of 17.02 and a beta of 0.62. Physicians Realty Trust has a 52 week low of $14.34 and a 52 week high of $19.16.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Wednesday, April 3rd will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 5.01%. The ex-dividend date is Tuesday, April 2nd. Physicians Realty Trust’s dividend payout ratio (DPR) is 85.19%.
DOC has been the subject of a number of recent research reports. Zacks Investment Research upgraded Physicians Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday. Morgan Stanley set a $19.00 price objective on Physicians Realty Trust and gave the stock a “hold” rating in a research report on Thursday, March 28th. Finally, ValuEngine upgraded Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, February 8th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $18.00.
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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.
See Also: Systematic Risk
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