Physicians Realty Trust (DOC) Holdings Boosted by United Services Automobile Association

United Services Automobile Association boosted its holdings in shares of Physicians Realty Trust (NYSE:DOC) by 2,481.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 718,505 shares of the real estate investment trust’s stock after buying an additional 690,670 shares during the quarter. United Services Automobile Association owned approximately 0.39% of Physicians Realty Trust worth $12,114,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Aperio Group LLC lifted its stake in shares of Physicians Realty Trust by 12.8% in the 2nd quarter. Aperio Group LLC now owns 41,504 shares of the real estate investment trust’s stock valued at $662,000 after purchasing an additional 4,701 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Physicians Realty Trust by 5.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 158,390 shares of the real estate investment trust’s stock valued at $2,525,000 after purchasing an additional 8,464 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Physicians Realty Trust by 9.3% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 183,889 shares of the real estate investment trust’s stock valued at $2,931,000 after purchasing an additional 15,702 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Physicians Realty Trust by 32.8% in the 2nd quarter. Wells Fargo & Company MN now owns 3,864,614 shares of the real estate investment trust’s stock valued at $61,602,000 after purchasing an additional 954,426 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in shares of Physicians Realty Trust by 49.1% in the 2nd quarter. Victory Capital Management Inc. now owns 2,290,133 shares of the real estate investment trust’s stock valued at $36,504,000 after purchasing an additional 753,762 shares during the period. 93.77% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:DOC opened at $17.88 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.61. The firm has a market cap of $3.30 billion, a price-to-earnings ratio of 16.59, a P/E/G ratio of 5.00 and a beta of 0.45. Physicians Realty Trust has a fifty-two week low of $14.13 and a fifty-two week high of $19.03.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Friday, November 2nd. The real estate investment trust reported $0.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.01. The company had revenue of $105.03 million during the quarter, compared to analysts’ expectations of $103.70 million. Physicians Realty Trust had a net margin of 13.33% and a return on equity of 2.20%. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 earnings per share. As a group, equities research analysts predict that Physicians Realty Trust will post 1.09 EPS for the current year.

DOC has been the subject of several analyst reports. KeyCorp boosted their target price on shares of Physicians Realty Trust from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Monday, September 10th. Jefferies Financial Group reiterated a “hold” rating and issued a $18.00 target price on shares of Physicians Realty Trust in a research note on Monday, August 13th. Morgan Stanley boosted their target price on shares of Physicians Realty Trust from $15.00 to $16.00 and gave the company an “equal weight” rating in a research note on Thursday, August 16th. ValuEngine upgraded shares of Physicians Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, September 13th. Finally, B. Riley reiterated a “buy” rating on shares of Physicians Realty Trust in a research note on Monday, November 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $17.58.

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About Physicians Realty Trust

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

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

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