Balyasny Asset Management LLC Sells 645,337 Shares of Physicians Realty Trust (DOC)

Balyasny Asset Management LLC decreased its position in shares of Physicians Realty Trust (NYSE:DOC) by 65.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 339,362 shares of the real estate investment trust’s stock after selling 645,337 shares during the quarter. Balyasny Asset Management LLC owned approximately 0.22% of Physicians Realty Trust worth $6,835,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC boosted its holdings in shares of Physicians Realty Trust by 603.8% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 9,086 shares of the real estate investment trust’s stock valued at $177,000 after acquiring an additional 7,795 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Physicians Realty Trust by 16.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,462 shares of the real estate investment trust’s stock worth $191,000 after buying an additional 1,364 shares during the period. Pinnacle Associates Ltd. acquired a new position in Physicians Realty Trust during the 2nd quarter worth about $205,000. Profund Advisors LLC lifted its holdings in Physicians Realty Trust by 6.8% during the 2nd quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock worth $233,000 after buying an additional 733 shares during the period. Finally, Teacher Retirement System of Texas lifted its holdings in Physicians Realty Trust by 7.0% during the 1st quarter. Teacher Retirement System of Texas now owns 11,794 shares of the real estate investment trust’s stock worth $234,000 after buying an additional 776 shares during the period. 94.20% of the stock is currently owned by institutional investors.

Several research analysts have commented on DOC shares. Cantor Fitzgerald reaffirmed a “buy” rating and set a $21.00 target price on shares of Physicians Realty Trust in a report on Wednesday, September 13th. Zacks Investment Research raised Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. UBS AG lowered Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a research report on Monday, July 17th. BidaskClub raised Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Finally, Raymond James Financial, Inc. lowered Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating and set a $21.00 target price for the company. in a research report on Monday, July 17th. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $20.54.

ILLEGAL ACTIVITY WARNING: This report was first posted by BBNS and is the property of of BBNS. If you are accessing this report on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this report can be accessed at https://baseballnewssource.com/markets/balyasny-asset-management-llc-sells-645337-shares-of-physicians-realty-trust-doc/1698852.html.

Shares of Physicians Realty Trust (NYSE DOC) traded up 0.316% during trading on Tuesday, hitting $18.077. The stock had a trading volume of 23,238 shares. The firm has a market cap of $2.85 billion, a PE ratio of 77.252 and a beta of 0.53. Physicians Realty Trust has a 52-week low of $17.12 and a 52-week high of $21.85. The stock has a 50 day moving average of $18.20 and a 200 day moving average of $19.26.

Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.01. The business had revenue of $76.60 million during the quarter, compared to analysts’ expectations of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. The company’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.22 earnings per share. On average, equities analysts anticipate that Physicians Realty Trust will post $0.26 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Tuesday, October 3rd will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 5.11%. The ex-dividend date of this dividend is Monday, October 2nd. Physicians Realty Trust’s payout ratio is currently 400.02%.

Physicians Realty Trust 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.

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 our FREE daily email newsletter.

 


Latest News

Houston Astros Relying on Justin Verlander to Save Their Season
Houston Astros Relying on Justin Verlander to Save Their Season
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Aaron Judge and Gary Sanchez Have Break Out Games
Aaron Judge and Gary Sanchez Have Break Out Games
Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Yankees to Send Masahiro Tanaka Against Astros in Game 1


Leave a Reply

 
© 2006-2017 BBNS.