Investment Counselors of Maryland LLC Makes New Investment in Physicians Realty Trust (NYSE:DOC)

Investment Counselors of Maryland LLC purchased a new position in Physicians Realty Trust (NYSE:DOC) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 863,780 shares of the real estate investment trust’s stock, valued at approximately $15,064,000. Investment Counselors of Maryland LLC owned approximately 0.47% of Physicians Realty Trust as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. James Investment Research Inc. bought a new position in shares of Physicians Realty Trust in the 2nd quarter valued at about $26,000. Advisory Services Network LLC lifted its stake in Physicians Realty Trust by 23.9% in the first quarter. Advisory Services Network LLC now owns 3,124 shares of the real estate investment trust’s stock worth $59,000 after purchasing an additional 602 shares during the last quarter. Optimum Investment Advisors lifted its stake in Physicians Realty Trust by 280.0% in the second quarter. Optimum Investment Advisors now owns 3,800 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 2,800 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in Physicians Realty Trust in the second quarter worth about $70,000. Finally, Quadrant Capital Group LLC bought a new stake in Physicians Realty Trust in the first quarter worth about $91,000. Institutional investors and hedge funds own 95.28% of the company’s stock.

In other news, insider John T. Thomas sold 5,000 shares of Physicians Realty Trust stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $17.50, for a total transaction of $87,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 20,000 shares of company stock valued at $353,800 over the last quarter. Insiders own 0.62% of the company’s stock.



DOC traded up $0.03 during trading on Thursday, hitting $17.62. The stock had a trading volume of 43,761 shares, compared to its average volume of 1,241,610. The company has a market capitalization of $3.29 billion, a PE ratio of 16.34 and a beta of 0.46. Physicians Realty Trust has a twelve month low of $15.18 and a twelve month high of $19.16. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.24 and a current ratio of 1.24. The stock has a 50 day simple moving average of $17.31 and a two-hundred day simple moving average of $18.04.

Physicians Realty Trust (NYSE:DOC) last announced its earnings results on Wednesday, August 7th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.22). Physicians Realty Trust had a net margin of 12.61% and a return on equity of 2.11%. The firm had revenue of $94.90 million during the quarter, compared to analyst estimates of $105.92 million. During the same quarter last year, the business earned $0.28 earnings per share. Physicians Realty Trust’s revenue was down 11.3% on a year-over-year basis. On average, equities research analysts anticipate that Physicians Realty Trust will post 1.02 EPS for the current year.

Several brokerages have issued reports on DOC. TheStreet downgraded shares of Physicians Realty Trust from a “b-” rating to a “c+” rating in a research note on Friday, August 9th. BMO Capital Markets lowered shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $17.45 target price on the stock. in a research report on Tuesday, May 7th. ValuEngine lowered shares of Physicians Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, June 27th. Zacks Investment Research lowered shares of Physicians Realty Trust from a “buy” rating to a “hold” rating in a research report on Monday, August 12th. Finally, Capital One Financial lowered shares of Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $18.75 target price on the stock. in a research report on Thursday, May 2nd. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $18.45.

About Physicians Realty Trust

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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