In its most recent disclosure with the SEC, Mitsubishi UFJ Trust & Banking Corp announced that it had boosted its holdings in Physicians Realty Trust (NYSE:DOC) by 30.3% during the 4th quarter. The fund owned 550,029 shares of the real estate investment trust’s stock after buying an additional 127,799 shares during the period. This move reflects a positive outlook on Physicians Realty Trust, which engages in the acquisition, development, owning and managing of healthcare properties.
Healthcare is a crucial component of any society as it ensures that individuals have access to quality medical care when they are ill. Given this importance, it is no wonder that Physicians Realty Trust has continued to thrive in this niche market. Its principal investments include medical office buildings, outpatient treatment facilities, acute and post-acute care hospitals as well as other real estate that is integral to healthcare providers.
While Physicians Realty Trust stock opened at $13.50 on Friday and has a one-year low of $13.27 and a one-year high of $18.83, Mitsubishi UFJ Trust & Banking Corp believes there is still significant upside potential in investing in this company’s stock due to its growing market valuation.
One aspect potentially contributing to the growth of Physicians Realty Trust is their strong financial posture—most notably their debt-to-equity ratio of 0.58 which suggests a conservative approach towards borrowing funds for operation or investment purposes.
Investors can also take comfort knowing that the company has a current ratio and quick ratio both sitting at 1.47 which signifies that short term liquidity may not be too big of concern for shareholders.
Therefore given these favorable metrics coupled with Physician Realty Trust’s PEG ratio 2.42 and beta value of .83 , expert analysts believe that investors should keep tracking this promising company moving forward!
Physicians Realty Trust Sees Changes in Stakes as Hedge Funds Shift Positions
Physicians Realty Trust has recently seen a number of changes to its stakes as several hedge funds have either increased or decreased their positions in the company. Among some of the names with new interests, Vanguard Group Inc. purchased an extra 142,111 shares in the last quarter bringing it to own around 33,504,079 shares worth $503,902,000. Macquarie Group Ltd. also increased its stake in Physicians Realty Trust by 0.7% in Q3 owning 4,642,083 shares worth approximately $69,909,000 after purchasing an additional 30,416 shares recently. Goldman Sachs Group Inc. grew its position in Physicians Realty Trust by a striking 527.0%, acquiring over 3 million additional shares bringing its total to 3,889,863 at a market value of approximately $67,878,000.
Despite fluctuations and upheavals among fund managers and analysts weighing in on DOC share pricing and targets over the years with varied ratings including sell, hold and buy ratings given by different research analysts; according to Bloomberg data available up until May 26th this year puts consensus rating largely at “hold” for Physicians Realty Trust due to shifts from time to time.
On Tuesday April 18th investors received news of quarterly shareholder dividends issued by the company; issuing out a dividend of $0.23 per share on average this results represents an annualized dividend yield of approximately 6.81%. According to recent data shared in February and again in May Barclays lowered its price objective on shares of Physicians Realty Trust from $18.00 to $17:00 while Royal Bank of Canada lowered it from $16:00 down to resting point at $15:00 marked respectively under the “sector perform” rating which seems exclusive only to that company’s stock offerings over time.
All things considered from diverse reviews expressed overtime with various degrees of confidence metrics being used; one distinguishing fact remains unchanged. Institutional investors and hedge funds own an incidentally high proportion of the company’s stock, with shares owned standing in at 91:28% partially confirming broad-based interest when it comes to matters concerning Physicians Realty Trusts stock offerings.
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