Physicians Realty Trust (NYSE:DOC) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its stake in shares of Physicians Realty Trust (NYSE:DOC – Get Rating) by 1.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,800 shares of the real estate investment trust’s stock after buying an additional 900 shares during the period. Thrivent Financial for Lutherans’ holdings in Physicians Realty Trust were worth $880,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ronald Blue Trust Inc. increased its stake in Physicians Realty Trust by 79.0% during the fourth quarter. Ronald Blue Trust Inc. now owns 1,813 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 800 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Physicians Realty Trust by 87.9% during the third quarter. Quadrant Capital Group LLC now owns 3,072 shares of the real estate investment trust’s stock valued at $46,000 after buying an additional 1,437 shares in the last quarter. Worth Asset Management LLC acquired a new position in Physicians Realty Trust during the first quarter valued at approximately $102,000. Wedbush Securities Inc. acquired a new position in Physicians Realty Trust during the fourth quarter valued at approximately $147,000. Finally, EHP Funds Inc. acquired a new position in Physicians Realty Trust during the third quarter valued at approximately $153,000. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DOC has been the topic of a number of recent research reports. StockNews.com initiated coverage on shares of Physicians Realty Trust in a research report on Thursday, May 18th. They set a “sell” rating on the stock. Royal Bank of Canada reduced their price objective on Physicians Realty Trust from $16.00 to $15.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 28th. Barclays reduced their price objective on Physicians Realty Trust from $18.00 to $17.00 in a research note on Friday, May 5th. Compass Point reduced their price objective on Physicians Realty Trust from $21.00 to $19.00 and set a “buy” rating on the stock in a research note on Monday, March 27th. Finally, Wells Fargo & Company assumed coverage on shares of Physicians Realty Trust in a research report on Wednesday, April 19th. They set an “underweight” rating and a $14.00 target price on the stock. 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $17.19.

Physicians Realty Trust Trading Up 1.5 %

DOC opened at $14.09 on Wednesday. The stock has a market capitalization of $3.36 billion, a PE ratio of 32.02, a P/E/G ratio of 2.45 and a beta of 0.83. The firm’s fifty day moving average price is $14.42 and its 200 day moving average price is $14.76. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.47 and a quick ratio of 1.47. Physicians Realty Trust has a 12-month low of $13.42 and a 12-month high of $18.83.

Physicians Realty Trust Announces Dividend

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

About Physicians Realty Trust

(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.