Physicians Realty Trust (NYSE:DOC) SVP Laurie P. Becker Sells 22,322 Shares

Physicians Realty Trust (NYSE:DOC) SVP Laurie P. Becker sold 22,322 shares of Physicians Realty Trust stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $13.47, for a total value of $300,677.34. Following the completion of the sale, the senior vice president now directly owns 55,776 shares in the company, valued at approximately $751,302.72. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Physicians Realty Trust Stock Up 1.3 %

Shares of DOC stock opened at $13.40 on Friday. Physicians Realty Trust has a 52-week low of $13.21 and a 52-week high of $16.34. The company has a debt-to-equity ratio of 0.67, a quick ratio of 3.51 and a current ratio of 3.51. The stock has a market cap of $3.20 billion, a price-to-earnings ratio of 31.90, a PEG ratio of 1.32 and a beta of 0.83. The firm’s 50-day moving average is $14.12 and its 200-day moving average is $14.25.

Institutional Trading of Physicians Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its holdings in shares of Physicians Realty Trust by 527.0% during 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 during the last quarter. Marshall Wace LLP acquired a new position in shares of Physicians Realty Trust in the fourth quarter valued at $34,988,000. Norges Bank bought a new position in shares of Physicians Realty Trust in the fourth quarter valued at about $27,734,000. JPMorgan Chase & Co. raised its position in shares of Physicians Realty Trust by 88.2% in the first quarter. JPMorgan Chase & Co. now owns 3,572,415 shares of the real estate investment trust’s stock valued at $53,336,000 after purchasing an additional 1,674,012 shares during the period. Finally, State Street Corp boosted its holdings in shares of Physicians Realty Trust by 16.3% during the 1st quarter. State Street Corp now owns 11,341,180 shares of the real estate investment trust’s stock worth $201,488,000 after buying an additional 1,591,038 shares during the period. Institutional investors own 95.51% of the company’s stock.

Wall Street Analysts Forecast Growth

DOC has been the topic of a number of recent research reports. Truist Financial reissued a “hold” rating and issued a $15.00 target price on shares of Physicians Realty Trust in a research report on Wednesday, August 16th. JMP Securities began coverage on shares of Physicians Realty Trust in a report on Friday, May 26th. They set an “outperform” rating and a $15.50 target price for the company. Wells Fargo & Company lifted their price target on shares of Physicians Realty Trust from $14.00 to $15.00 and gave the company an “underweight” rating in a research note on Monday, August 7th. Morgan Stanley restated an “equal weight” rating and set a $14.50 price objective on shares of Physicians Realty Trust in a research note on Thursday, July 20th. Finally, StockNews.com began coverage on Physicians Realty Trust in a report on Thursday, August 17th. They issued a “sell” rating for the company. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $15.82.

Physicians Realty Trust Company Profile

Physicians Realty Trust is a self-managed health care real estate company organized to acquire, selectively develop, own, and manage health care properties that are leased to physicians, hospitals, and health care delivery systems. The Company invests in real estate that is integral to providing high quality health care.