Sei Investments Co. Cuts Stock Holdings in Physicians Realty Trust (NYSE:DOC)

Sei Investments Co. trimmed its holdings in shares of Physicians Realty Trust (NYSE:DOC) by 17.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,017 shares of the real estate investment trust’s stock after selling 11,320 shares during the period. Sei Investments Co.’s holdings in Physicians Realty Trust were worth $1,019,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DOC. First Trust Advisors LP boosted its position in Physicians Realty Trust by 153.1% during the first quarter. First Trust Advisors LP now owns 229,306 shares of the real estate investment trust’s stock valued at $4,313,000 after buying an additional 138,703 shares during the period. Commonwealth Equity Services LLC boosted its position in Physicians Realty Trust by 15.7% during the first quarter. Commonwealth Equity Services LLC now owns 65,850 shares of the real estate investment trust’s stock valued at $1,163,000 after buying an additional 8,944 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Physicians Realty Trust by 10.8% during the first quarter. Envestnet Asset Management Inc. now owns 288,949 shares of the real estate investment trust’s stock worth $5,106,000 after purchasing an additional 28,148 shares during the period. Natixis Advisors L.P. boosted its holdings in shares of Physicians Realty Trust by 1.9% during the first quarter. Natixis Advisors L.P. now owns 43,402 shares of the real estate investment trust’s stock worth $766,000 after purchasing an additional 816 shares during the period. Finally, M&T Bank Corp boosted its holdings in shares of Physicians Realty Trust by 17.9% during the first quarter. M&T Bank Corp now owns 34,028 shares of the real estate investment trust’s stock worth $601,000 after purchasing an additional 5,173 shares during the period. Institutional investors and hedge funds own 86.56% of the company’s stock.

DOC has been the subject of a number of analyst reports. Colliers Securities reiterated a “buy” rating and set a $21.00 target price on shares of Physicians Realty Trust in a report on Friday, July 16th. Robert W. Baird lowered shares of Physicians Realty Trust from an “outperform” rating to a “neutral” rating and increased their target price for the stock from $19.00 to $20.00 in a report on Monday, June 14th. Morgan Stanley lowered shares of Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $20.00 target price for the company. in a report on Monday, September 13th. Zacks Investment Research lowered shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 25th. Finally, Raymond James lowered shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating in a report on Friday, August 20th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $20.33.

DOC stock opened at $18.25 on Tuesday. Physicians Realty Trust has a 1 year low of $16.48 and a 1 year high of $20.13. The company has a market cap of $3.97 billion, a P/E ratio of 58.87, a PEG ratio of 2.60 and a beta of 0.80. The firm has a 50-day moving average of $18.56 and a 200 day moving average of $18.48. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.03 and a quick ratio of 2.03.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Wednesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.19). Physicians Realty Trust had a return on equity of 2.53% and a net margin of 15.47%. The company had revenue of $112.93 million during the quarter, compared to the consensus estimate of $114.37 million. During the same period in the previous year, the company earned $0.27 earnings per share. Physicians Realty Trust’s quarterly revenue was up 3.5% on a year-over-year basis. On average, equities research analysts expect that Physicians Realty Trust will post 1.07 earnings per share for the current fiscal year.

Physicians Realty Trust Profile

Physicians Realty Trust is a real estate investment trust, which engages in the acquisition, development, owning, and managing of healthcare properties. Its principal investments include medical office buildings; outpatient treatment facilities; acute and post-acute care hospitals; as well as other real estate integral to healthcare providers.

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Institutional Ownership by Quarter for Physicians Realty Trust (NYSE:DOC)

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