According to Bloomberg Ratings, the fourteen research firms currently covering Physicians Realty Trust (NYSE: DOC) have given the company an average rating of “Hold.” Eight stock analysts have given the stock a hold rating, two have given the company a buy rating, and two have given the stock a sell rating. The average 12-month price objective among analysts who covered the stock in the last year was $18.46.
In related news, SVP Bradley D. Page sold 4,330 Physicians Realty Trust stock on Monday, August 15. The stock was sold at an average price of $18.12 for a total transaction value of $78,459.60. After the sale, the senior vice president now directly controls 35,200 company shares worth around $637,824. You can access a legal document about the sale submitted to the Securities and Exchange Commission by clicking on this link. Other Physicians Realty Trust news includes the sale of 10,000 shares of the company’s equity on August 17 by CEO John T. Thomas. At an average price of $17.95, the stock sold for a total of $179,500. The CEO will have 479,801 shares of the company after the sale, which are now valued at $8,612,427.95. In a document that can be obtained on this website, the Securities and Exchange Commission was notified of the sale. SVP On Monday, August 14, Bradley D. Page sold 4,330 more shares of company stock. The stock was sold at an average price of $18.12 for a total transaction value of $78,459.60. After the agreement, the senior vice president will own 35,200 company shares with a market value of roughly $637,824. The disclosure for this sale is available here. Over the past ninety days, insiders have sold 34,330 shares of company stock for a total value of $617,560. Insiders own 0.79% of the company’s shares.
Hedge funds recently bought and sold shares of the business. Quadrant Capital Group LLC boosted its stake in Physicians Realty Trust by 244.9% during the second quarter. Quadrant Capital Group LLC now owns 1,635 real estate investment trust shares, valued at $29,000, after acquiring the extra 1,161 shares. FourThought Financial LLC increased its stake in Physicians Realty Trust by $35,000 during the first quarter. Shares of Physicians Realty Trust, owned by Harel Insurance Investments & Financial Services Ltd., increased by over $37,000 during the first quarter. CWM LLC increased its stake in shares of Physicians Realty Trust by 93.0% during the first quarter. CWM LLC now directly owns 2,210 shares of the REIT, valued at $39,000, after acquiring an additional 1,065 shares during the most recent quarter.
Lastly, Meeder Asset Management Inc. increased its stake in Physicians Realty Trust by 84.5% during the second quarter. Meeder Asset Management Inc. now owns 2,277 real estate investment trust shares, valued at $40,000, after acquiring an additional 1,043 shares over the last three months. Institutions presently hold 92.22% of the stock.
NYSE: DOC shares started trading at $14.38 on Friday. The firm has a $3.25 billion market value, a P/E ratio of 41.09, a P/E/G ratio of 2.53, and a beta of 0.80. The stock’s 50-day moving average is $15.29, and its 200-day moving average is $16.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19, and a current ratio of 1.19. The 52-week trading range for Physicians Realty Trust is $13.42 to $19.15.
The business also recently declared a quarterly dividend and paid out on Friday, October 14. On Tuesday, October 4, shareholders of record received a dividend of $0.23 per share. The dividend was exempt as of Monday, October 3. This is worth $0.92 and has a dividend yield of 6.40 percent. Physicians Realty Trust’s current dividend payout ratio (DPR) is 262.86%.
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