Sumitomo Mitsui Trust Holdings Inc. Raises Holdings in Physicians Realty Trust (NYSE:DOC)

Sumitomo Mitsui Trust Holdings Inc. raised its holdings in shares of Physicians Realty Trust (NYSE:DOC) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 145,866 shares of the real estate investment trust’s stock after purchasing an additional 8,005 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned 0.10% of Physicians Realty Trust worth $2,938,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in 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 during the last quarter. Chicago Partners Investment Group LLC grew its stake in 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 during the last quarter. Quantbot Technologies LP grew its stake in 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 during the last quarter. Teacher Retirement System of Texas grew its stake in 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 during the last quarter. Finally, Ameritas Investment Partners Inc. grew its stake in shares of Physicians Realty Trust by 11.3% during the first quarter. Ameritas Investment Partners Inc. now owns 12,989 shares of the real estate investment trust’s stock worth $258,000 after acquiring an additional 1,315 shares during the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

A number of equities research analysts have recently weighed in on DOC shares. Cantor Fitzgerald restated a “buy” rating and set a $23.00 price target on shares of Physicians Realty Trust in a research note on Friday, June 30th. BidaskClub upgraded Physicians Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, June 23rd. Stifel Nicolaus decreased their target price on Physicians Realty Trust from $23.00 to $22.00 and set a “buy” rating for the company in a report on Wednesday, July 12th. Morgan Stanley raised Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 target price for the company in a report on Monday, July 24th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $21.00 target price on shares of Physicians Realty Trust in a report on Wednesday, June 14th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Physicians Realty Trust currently has an average rating of “Buy” and a consensus price target of $20.50.

COPYRIGHT VIOLATION NOTICE: “Sumitomo Mitsui Trust Holdings Inc. Raises Holdings in Physicians Realty Trust (NYSE:DOC)” was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece of content can be read at https://ledgergazette.com/2017/09/13/sumitomo-mitsui-trust-holdings-inc-raises-position-in-physicians-realty-trust-doc.html.

Shares of Physicians Realty Trust (NYSE DOC) opened at 18.57 on Wednesday. The company’s 50 day moving average price is $18.38 and its 200 day moving average price is $19.49. Physicians Realty Trust has a 12 month low of $17.12 and a 12 month high of $21.95. The stock has a market capitalization of $2.92 billion, a PE ratio of 79.36 and a beta of 0.55.

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

About Physicians Realty Trust

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.

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

Receive News & Ratings for Physicians Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Physicians Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply