Penn Capital Management Co. Inc. Sells 71,110 Shares of Physicians Realty Trust (DOC)

Penn Capital Management Co. Inc. lessened its stake in Physicians Realty Trust (NYSE:DOC) by 15.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 392,512 shares of the real estate investment trust’s stock after selling 71,110 shares during the quarter. Penn Capital Management Co. Inc.’s holdings in Physicians Realty Trust were worth $7,383,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of DOC. Vanguard Group Inc lifted its holdings in Physicians Realty Trust by 1.9% during the third quarter. Vanguard Group Inc now owns 26,267,178 shares of the real estate investment trust’s stock worth $442,864,000 after acquiring an additional 489,769 shares during the period. BlackRock Inc. grew its position in shares of Physicians Realty Trust by 1.0% in the fourth quarter. BlackRock Inc. now owns 18,073,633 shares of the real estate investment trust’s stock valued at $289,719,000 after purchasing an additional 185,276 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of 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 valued at $78,520,000 after purchasing an additional 214,811 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Physicians Realty Trust by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,866,556 shares of the real estate investment trust’s stock worth $45,951,000 after buying an additional 48,183 shares in the last quarter. Finally, Norges Bank purchased a new position in Physicians Realty Trust during the fourth quarter worth about $35,906,000. Institutional investors own 92.31% of the company’s stock.

Physicians Realty Trust stock opened at $18.57 on Monday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.66. Physicians Realty Trust has a twelve month low of $14.41 and a twelve month high of $19.16. The company has a market capitalization of $3.44 billion, a P/E ratio of 17.19 and a beta of 0.59.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). The firm had revenue of $105.40 million for the quarter, compared to the consensus estimate of $104.27 million. Physicians Realty Trust had a net margin of 13.34% and a return on equity of 2.28%. Physicians Realty Trust’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.26 earnings per share. On average, analysts expect that Physicians Realty Trust will post 1.06 EPS for the current fiscal year.

A number of equities analysts have recently issued reports on DOC shares. Zacks Investment Research cut Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, January 31st. ValuEngine upgraded Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, February 8th. Capital One Financial cut Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $18.75 price objective for the company. in a report on Thursday, May 2nd. Finally, BMO Capital Markets lowered Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $17.45 target price for the company. in a research note on Tuesday, May 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. Physicians Realty Trust currently has an average rating of “Hold” and a consensus target price of $18.12.

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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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