Commonwealth Equity Services LLC Has $789,000 Stock Holdings in Physicians Realty Trust (NYSE:DOC)

Commonwealth Equity Services LLC reduced its stake in Physicians Realty Trust (NYSE:DOC – Get Rating) by 47.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 54,585 shares of the real estate investment trust’s stock after selling 49,739 shares during the period. Commonwealth Equity Services LLC’s holdings in Physicians Realty Trust were worth $789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of DOC. Vanguard Group Inc. raised its stake in Physicians Realty Trust by 0.4% during the third quarter. Vanguard Group Inc. now owns 33,504,079 shares of the real estate investment trust’s stock worth $503,902,000 after acquiring an additional 142,111 shares in the last quarter. State Street Corp grew its holdings in shares of Physicians Realty Trust by 0.5% in the 3rd quarter. State Street Corp now owns 11,605,413 shares of the real estate investment trust’s stock worth $174,545,000 after purchasing an additional 59,564 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Physicians Realty Trust by 6.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,399,196 shares of the real estate investment trust’s stock worth $81,203,000 after purchasing an additional 316,281 shares during the last quarter. Macquarie Group Ltd. grew its holdings in shares of Physicians Realty Trust by 0.7% in the 3rd quarter. Macquarie Group Ltd. now owns 4,642,083 shares of the real estate investment trust’s stock worth $69,909,000 after purchasing an additional 30,416 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Physicians Realty Trust by 527.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 3,889,863 shares of the real estate investment trust’s stock worth $67,878,000 after acquiring an additional 3,269,484 shares in the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on DOC shares. StockNews.com started coverage on Physicians Realty Trust in a report on Thursday, May 18th. They issued a “sell” rating on the stock. Credit Suisse Group reissued a “neutral” rating and issued a $15.00 target price on shares of Physicians Realty Trust in a report on Wednesday, March 29th. Wells Fargo & Company began coverage on Physicians Realty Trust in a report on Wednesday, April 19th. They issued an “underweight” rating and a $14.00 price target for the company. Compass Point cut their price target on Physicians Realty Trust from $21.00 to $19.00 and set a “buy” rating for the company in a report on Monday, March 27th. Finally, Royal Bank of Canada cut their price target on Physicians Realty Trust from $16.00 to $15.00 and set a “sector perform” rating for the company in a report on Tuesday, February 28th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.19.

Physicians Realty Trust Price Performance

Shares of DOC stock opened at $14.09 on Wednesday. Physicians Realty Trust has a 52-week low of $13.42 and a 52-week high of $18.83. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a market cap of $3.36 billion, a PE ratio of 32.02, a PEG ratio of 2.45 and a beta of 0.83. The firm’s 50 day moving average price is $14.42 and its two-hundred day moving average price is $14.76.

Physicians Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 18th. Shareholders of record on Tuesday, April 4th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date was Monday, April 3rd. Physicians Realty Trust’s payout ratio is currently 209.09%.

Physicians Realty Trust Profile

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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.