John W. Lucey Buys 2,900 Shares of Physicians Realty Trust (NYSE:DOC) Stock

Physicians Realty Trust (NYSE:DOC) insider John W. Lucey bought 2,900 shares of the stock in a transaction dated Friday, November 8th. The shares were acquired at an average price of $17.96 per share, for a total transaction of $52,084.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Physicians Realty Trust stock opened at $18.14 on Friday. Physicians Realty Trust has a 52-week low of $15.18 and a 52-week high of $19.16. The stock’s 50-day simple moving average is $17.86 and its 200 day simple moving average is $17.76. The stock has a market capitalization of $3.30 billion, a P/E ratio of 16.80 and a beta of 0.40. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.24 and a current ratio of 1.24.

Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.18). Physicians Realty Trust had a net margin of 12.61% and a return on equity of 2.11%. The firm had revenue of $107.59 million during the quarter, compared to the consensus estimate of $105.01 million. During the same quarter in the prior year, the firm posted $0.28 earnings per share. The company’s revenue was up 2.4% on a year-over-year basis. Equities research analysts forecast that Physicians Realty Trust will post 0.99 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, October 3rd were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date was Wednesday, October 2nd. Physicians Realty Trust’s payout ratio is presently 85.19%.

DOC has been the topic of a number of research reports. TheStreet cut Physicians Realty Trust from a “b-” rating to a “c+” rating in a research note on Friday, August 9th. Berenberg Bank initiated coverage on Physicians Realty Trust in a research note on Thursday, September 12th. They issued a “hold” rating and a $18.00 price objective on the stock. B. Riley restated a “buy” rating on shares of Physicians Realty Trust in a research note on Friday. Morgan Stanley lowered their price objective on Physicians Realty Trust from $19.00 to $17.50 and set an “equal weight” rating on the stock in a research note on Tuesday, September 17th. Finally, Bank of America initiated coverage on Physicians Realty Trust in a research note on Monday, October 14th. They issued a “neutral” rating on the stock. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $18.20.

A number of hedge funds have recently bought and sold shares of DOC. James Investment Research Inc. purchased a new position in Physicians Realty Trust during the 2nd quarter valued at about $26,000. Tower Research Capital LLC TRC grew its holdings in Physicians Realty Trust by 529.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,888 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 1,588 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in Physicians Realty Trust during the 2nd quarter valued at about $44,000. C M Bidwell & Associates Ltd. purchased a new position in Physicians Realty Trust during the 2nd quarter valued at about $55,000. Finally, Optimum Investment Advisors grew its holdings in Physicians Realty Trust by 280.0% during the 2nd quarter. Optimum Investment Advisors now owns 3,800 shares of the real estate investment trust’s stock valued at $66,000 after buying an additional 2,800 shares in the last quarter. 94.40% of the stock is owned by institutional investors and hedge funds.

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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