Mesirow Financial Investment Management Equity Management Purchases 27,320 Shares of Physicians Realty Trust (NYSE:DOC)

Mesirow Financial Investment Management Equity Management boosted its position in Physicians Realty Trust (NYSE:DOC) by 5.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 529,949 shares of the real estate investment trust’s stock after acquiring an additional 27,320 shares during the period. Physicians Realty Trust accounts for about 1.4% of Mesirow Financial Investment Management Equity Management’s holdings, making the stock its 18th biggest position. Mesirow Financial Investment Management Equity Management owned approximately 0.29% of Physicians Realty Trust worth $9,242,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Janus Henderson Group PLC boosted its holdings in Physicians Realty Trust by 5.4% in the first quarter. Janus Henderson Group PLC now owns 4,173,490 shares of the real estate investment trust’s stock worth $78,520,000 after acquiring an additional 214,811 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Physicians Realty Trust by 1.9% in the first quarter. JPMorgan Chase & Co. now owns 323,498 shares of the real estate investment trust’s stock worth $6,085,000 after purchasing an additional 6,073 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Physicians Realty Trust by 153.1% in the first quarter. First Trust Advisors LP now owns 229,306 shares of the real estate investment trust’s stock worth $4,313,000 after purchasing an additional 138,703 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of Physicians Realty Trust by 11.2% in the first quarter. California Public Employees Retirement System now owns 174,895 shares of the real estate investment trust’s stock worth $3,290,000 after purchasing an additional 17,647 shares during the last quarter. Finally, Systematic Financial Management LP raised its stake in shares of Physicians Realty Trust by 1.6% in the first quarter. Systematic Financial Management LP now owns 1,084,353 shares of the real estate investment trust’s stock worth $20,397,000 after purchasing an additional 17,437 shares during the last quarter. Institutional investors and hedge funds own 95.68% of the company’s stock.

Shares of DOC traded down $0.01 on Friday, reaching $17.47. 740,694 shares of the company’s stock traded hands, compared to its average volume of 1,244,092. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.53 and a current ratio of 1.53. The firm has a market capitalization of $3.24 billion, a PE ratio of 16.18 and a beta of 0.46. The business has a 50 day moving average price of $17.33. Physicians Realty Trust has a 52-week low of $15.18 and a 52-week high of $19.16.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings results on Wednesday, August 7th. The real estate investment trust reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.22). The business had revenue of $94.90 million for the quarter, compared to analysts’ expectations of $105.92 million. Physicians Realty Trust had a net margin of 12.61% and a return on equity of 2.11%. The business’s revenue was down 11.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 earnings per share. As a group, analysts forecast that Physicians Realty Trust will post 1.06 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 18th. Investors of record on Wednesday, July 3rd were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.27%. The ex-dividend date of this dividend was Tuesday, July 2nd. Physicians Realty Trust’s payout ratio is 85.19%.

In related news, insider John T. Thomas sold 5,000 shares of the stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $18.26, for a total transaction of $91,300.00. Following the completion of the sale, the insider now directly owns 311,251 shares of the company’s stock, valued at $5,683,443.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 15,000 shares of company stock valued at $266,300 over the last ninety days. 0.62% of the stock is currently owned by company insiders.

DOC has been the subject of several analyst reports. Citigroup initiated coverage on Physicians Realty Trust in a research note on Thursday, June 20th. They issued a “neutral” rating and a $18.50 price objective for the company. Zacks Investment Research raised Physicians Realty Trust from a “sell” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Wednesday, July 31st. BMO Capital Markets downgraded Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $17.45 price objective for the company. in a research note on Tuesday, May 7th. Capital One Financial downgraded Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $18.75 price objective for the company. in a research note on Thursday, May 2nd. Finally, ValuEngine downgraded Physicians Realty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, June 27th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $18.39.

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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