Credit Suisse AG lessened its holdings in shares of Physicians Realty Trust (NYSE:DOC – Free Report) by 0.6% in the 1st quarter, Holdings Channel reports. The fund owned 556,947 shares of the real estate investment trust’s stock after selling 3,289 shares during the quarter. Credit Suisse AG’s holdings in Physicians Realty Trust were worth $8,315,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. LPL Financial LLC grew its stake in Physicians Realty Trust by 3.2% during the 1st quarter. LPL Financial LLC now owns 153,249 shares of the real estate investment trust’s stock valued at $2,288,000 after acquiring an additional 4,691 shares in the last quarter. Tocqueville Asset Management L.P. grew its stake in shares of Physicians Realty Trust by 65.6% in the 1st quarter. Tocqueville Asset Management L.P. now owns 423,066 shares of the real estate investment trust’s stock valued at $6,316,000 after buying an additional 167,645 shares during the period. Tekla Capital Management LLC grew its stake in shares of Physicians Realty Trust by 417.7% in the 1st quarter. Tekla Capital Management LLC now owns 873,655 shares of the real estate investment trust’s stock valued at $13,044,000 after buying an additional 704,914 shares during the period. Principal Financial Group Inc. grew its stake in shares of Physicians Realty Trust by 1.9% in the 1st quarter. Principal Financial Group Inc. now owns 923,852 shares of the real estate investment trust’s stock valued at $13,793,000 after buying an additional 16,900 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in shares of Physicians Realty Trust by 8.4% in the 1st quarter. Tower Research Capital LLC TRC now owns 9,167 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 711 shares during the period. Hedge funds and other institutional investors own 94.67% of the company’s stock.
Analyst Ratings Changes
DOC has been the subject of several analyst reports. JMP Securities initiated coverage on shares of Physicians Realty Trust in a research note on Friday, May 26th. They issued an “outperform” rating and a $15.50 price target for the company. StockNews.com assumed coverage on shares of Physicians Realty Trust in a report on Thursday, August 17th. They issued a “sell” rating on the stock. Citigroup decreased their price objective on shares of Physicians Realty Trust from $15.00 to $14.00 and set a “neutral” rating on the stock in a report on Tuesday, August 22nd. Barclays decreased their price objective on shares of Physicians Realty Trust from $18.00 to $17.00 in a report on Friday, May 5th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $14.50 price objective on shares of Physicians Realty Trust in a report on Thursday, July 20th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $15.82.
View Our Latest Research Report on DOC
Physicians Realty Trust Price Performance
Shares of DOC opened at $13.57 on Monday. Physicians Realty Trust has a twelve month low of $13.27 and a twelve month high of $17.56. The firm’s fifty day simple moving average is $14.22 and its 200-day simple moving average is $14.43. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of 32.31, a PEG ratio of 1.36 and a beta of 0.84. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 0.67.
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.
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