Systematic Financial Management LP lessened its holdings in Physicians Realty Trust (NYSE:DOC) by 5.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 703,624 shares of the real estate investment trust’s stock after selling 39,823 shares during the period. Systematic Financial Management LP owned 0.46% of Physicians Realty Trust worth $14,171,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DOC. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Physicians Realty Trust by 5.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,098 shares of the real estate investment trust’s stock valued at $161,000 after purchasing an additional 425 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of Physicians Realty Trust by 603.8% in the second quarter. Chicago Partners Investment Group LLC now owns 9,086 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 7,795 shares in the last quarter. Pinnacle Associates Ltd. purchased a new stake in shares of Physicians Realty Trust in the second quarter valued at about $205,000. Quantbot Technologies LP lifted its holdings in shares of Physicians Realty Trust by 69.8% in the first quarter. Quantbot Technologies LP now owns 11,729 shares of the real estate investment trust’s stock valued at $233,000 after purchasing an additional 4,821 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its holdings in shares of Physicians Realty Trust by 7.0% in the first quarter. Teacher Retirement System of Texas now owns 11,794 shares of the real estate investment trust’s stock valued at $234,000 after purchasing an additional 776 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors.

Shares of Physicians Realty Trust (DOC) remained flat at $18.86 during trading on Friday. 718,812 shares of the company traded hands. The company has a market cap of $2.97 billion, a PE ratio of 80.60 and a beta of 0.55. The company has a 50 day moving average of $18.37 and a 200 day moving average of $19.50. Physicians Realty Trust has a 12 month low of $17.12 and a 12 month high of $21.95.

Physicians Realty Trust (NYSE:DOC) last released its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.01. The business had revenue of $76.60 million for the quarter, compared to the consensus estimate of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. The firm’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same period last year, the firm posted $0.22 earnings per share. Analysts expect that Physicians Realty Trust will post $0.27 EPS for the current fiscal year.

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DOC has been the topic of several recent research reports. Jefferies Group LLC downgraded shares of Physicians Realty Trust from a “hold” rating to an “underperform” rating and reduced their price target for the company from $21.00 to $17.00 in a report on Friday, July 7th. UBS AG downgraded shares of Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a report on Monday, July 17th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $23.00 price target on shares of Physicians Realty Trust in a report on Friday, June 30th. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Finally, Morgan Stanley raised shares of Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price target on the stock in a report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $20.50.

Physicians Realty Trust Company Profile

Physicians Realty Trust (the Trust) is a real estate investment trust. Physicians Realty L.P. is the operating partnership of the Trust. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.

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Institutional Ownership by Quarter for Physicians Realty Trust (NYSE:DOC)

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