Short Interest in Physicians Realty Trust (NYSE:DOC) Drops By 5.8%

Physicians Realty Trust (NYSE:DOCGet Rating) saw a large decline in short interest in December. As of December 30th, there was short interest totalling 9,830,000 shares, a decline of 5.8% from the December 15th total of 10,440,000 shares. Based on an average trading volume of 1,840,000 shares, the short-interest ratio is currently 5.3 days.

Insiders Place Their Bets

In other news, Director Tommy G. Thompson purchased 17,760 shares of the stock in a transaction on Tuesday, December 13th. The stock was bought at an average price of $15.16 per share, for a total transaction of $269,241.60. Following the acquisition, the director now directly owns 19,060 shares of the company’s stock, valued at approximately $288,949.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.79% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Physicians Realty Trust

Large investors have recently bought and sold shares of the company. Sippican Capital Advisors raised its position in Physicians Realty Trust by 2.0% during the 3rd quarter. Sippican Capital Advisors now owns 99,025 shares of the real estate investment trust’s stock worth $1,489,000 after buying an additional 1,965 shares during the last quarter. Walleye Trading LLC purchased a new position in Physicians Realty Trust during the 2nd quarter worth $176,000. Dupont Capital Management Corp purchased a new position in Physicians Realty Trust during the 3rd quarter worth $405,000. Venture Visionary Partners LLC purchased a new position in Physicians Realty Trust during the 2nd quarter worth $123,000. Finally, California Public Employees Retirement System raised its position in Physicians Realty Trust by 78.0% during the 2nd quarter. California Public Employees Retirement System now owns 789,902 shares of the real estate investment trust’s stock worth $13,784,000 after buying an additional 346,158 shares during the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Physicians Realty Trust Stock Up 1.5 %

DOC stock opened at $15.22 on Monday. The company has a fifty day moving average price of $14.74 and a 200 day moving average price of $15.59. Physicians Realty Trust has a 12 month low of $13.42 and a 12 month high of $18.83. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 2.64 and a beta of 0.78. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.34 and a quick ratio of 1.34.

Physicians Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 18th. Shareholders of record on Wednesday, January 4th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, January 3rd. This represents a $0.92 dividend on an annualized basis and a yield of 6.04%. Physicians Realty Trust’s payout ratio is currently 173.59%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Morgan Stanley reduced their price objective on shares of Physicians Realty Trust from $16.50 to $14.50 and set an “equal weight” rating for the company in a research report on Tuesday, November 1st. StockNews.com downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, November 2nd. JPMorgan Chase & Co. assumed coverage on shares of Physicians Realty Trust in a research report on Friday, October 28th. They set a “neutral” rating and a $17.00 price objective for the company. Finally, KeyCorp upgraded shares of Physicians Realty Trust from a “sector weight” rating to an “overweight” rating and set a $17.00 price objective for the company in a research report on Wednesday, December 14th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Physicians Realty Trust currently has a consensus rating of “Hold” and an average target price of $18.21.

Physicians Realty Trust Company Profile

(Get Rating)

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.

See Also

Receive News & Ratings for Physicians Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Physicians Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.