Trade Report: The Pensionfund Sabic Continues to Hold Position in Physicians Realty Trust (DOC)

The Pensionfund Sabic Continues to Hold Position in Physicians Realty Trust (DOC)

Pensionfund Sabic held its stake in Physicians Realty Trust (NYSE:DOC) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,000 shares of the real estate investment trust’s stock at the end of the third quarter. Pensionfund Sabic’s holdings in Physicians Realty Trust were worth $237,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Creative Planning increased its stake in shares of Physicians Realty Trust by 67.7% in the second quarter. Creative Planning now owns 5,342 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 2,156 shares during the period. BNP Paribas Arbitrage SA bought a new position in Physicians Realty Trust during the second quarter worth $122,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Physicians Realty Trust by 17.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,792 shares of the real estate investment trust’s stock worth $143,000 after buying an additional 1,029 shares during the period. BlackRock Japan Co. Ltd increased its position in Physicians Realty Trust by 23.2% in the second quarter. BlackRock Japan Co. Ltd now owns 6,918 shares of the real estate investment trust’s stock worth $145,000 after buying an additional 1,302 shares during the period. Finally, Societe Generale bought a new position in Physicians Realty Trust during the second quarter worth $199,000. Hedge funds and other institutional investors own 97.00% of the company’s stock.

Physicians Realty Trust (NYSE:DOC) traded up 0.98% on Friday, reaching $18.49. 629,423 shares of the company traded hands. Physicians Realty Trust has a 52-week low of $15.41 and a 52-week high of $22.03. The firm has a market cap of $2.48 billion, a P/E ratio of 84.43 and a beta of 0.63. The stock has a 50-day moving average price of $19.14 and a 200-day moving average price of $20.22.

Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings data on Wednesday, November 2nd. The real estate investment trust reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by $0.01. Physicians Realty Trust had a net margin of 12.86% and a return on equity of 1.77%. The firm earned $70 million during the quarter, compared to the consensus estimate of $66.21 million. During the same period last year, the business earned $0.26 EPS. The business’s revenue was up 100.6% on a year-over-year basis. Analysts anticipate that Physicians Realty Trust will post $1.01 earnings per share for the current fiscal year.

A number of research firms have recently weighed in on DOC. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $23.00 price target on shares of Physicians Realty Trust in a research note on Friday, November 11th. Zacks Investment Research raised shares of Physicians Realty Trust from a “sell” rating to a “hold” rating in a research note on Monday, November 7th. Raymond James Financial Inc. raised shares of Physicians Realty Trust from a “market perform” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research note on Monday, November 7th. They noted that the move was a valuation call. Mizuho dropped their price target on shares of Physicians Realty Trust from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Thursday, November 3rd. Finally, Citigroup Inc. cut shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating in a report on Friday, September 2nd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Physicians Realty Trust has a consensus rating of “Buy” and an average target price of $20.93.

In other news, Director Tommy G. Thompson acquired 14,400 shares of the firm’s stock in a transaction dated Thursday, November 17th. The stock was bought at an average price of $18.04 per share, with a total value of $259,776.00. Following the transaction, the director now directly owns 30,838 shares in the company, valued at approximately $556,317.52. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Albert Black, Jr. acquired 4,439 shares of the firm’s stock in a transaction dated Thursday, November 10th. The stock was purchased at an average cost of $17.50 per share, with a total value of $77,682.50. Following the transaction, the director now owns 26,772 shares in the company, valued at $468,510. The disclosure for this purchase can be found here. 0.54% of the stock is currently owned by insiders.

Physicians Realty Trust Company Profile

Physicians Realty Trust is a healthcare real estate company. The Company is engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company’s portfolio includes approximately 150 properties located in approximately 30 states with approximately 5,799,340 net leasable square feet.

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