Ardsley Advisory Partners Lowers stake in Physicians Realty Trust (DOC)

Physicians Realty Trust (DOC) : Ardsley Advisory Partners reduced its stake in Physicians Realty Trust by 18.54% during the most recent quarter end. The investment management company now holds a total of 725,000 shares of Physicians Realty Trust which is valued at $15,493,250 after selling 165,000 shares in Physicians Realty Trust , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Physicians Realty Trust makes up approximately 2.83% of Ardsley Advisory Partners’s portfolio.

Other Hedge Funds, Including , Rainier Investment Management boosted its stake in DOC in the latest quarter, The investment management firm added 52,320 additional shares and now holds a total of 577,210 shares of Physicians Realty Trust which is valued at $12,334,978. Physicians Realty Trust makes up approx 0.57% of Rainier Investment Management’s portfolio.Strs Ohio boosted its stake in DOC in the latest quarter, The investment management firm added 45,003 additional shares and now holds a total of 246,995 shares of Physicians Realty Trust which is valued at $5,199,245. Physicians Realty Trust makes up approx 0.02% of Strs Ohio’s portfolio.Hl Financial Services boosted its stake in DOC in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 13,847 shares of Physicians Realty Trust which is valued at $291,479. Physicians Realty Trust makes up approx 0.01% of Hl Financial Services’s portfolio. Americafirst Capital Management added DOC to its portfolio by purchasing 32,935 company shares during the most recent quarter which is valued at $694,929. Physicians Realty Trust makes up approx 0.48% of Americafirst Capital Management’s portfolio.

On the company’s financial health, Physicians Realty Trust reported $0.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.23. The company had revenue of $53.22 million for the quarter, compared to analysts expectations of $50.62 million. The company’s revenue was up 79.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.

Many Wall Street Analysts have commented on Physicians Realty Trust. Physicians Realty Trust was Downgraded by Raymond James to ” Mkt Perform” on Sep 2, 2016. Company shares were Reiterated by Compass Point on Aug 9, 2016 to “Buy”, Firm has raised the Price Target to $ 24 from a previous price target of $20.50 .Company shares were Reiterated by Wunderlich on Aug 4, 2016 to “Buy”, Firm has raised the Price Target to $ 22 from a previous price target of $19.50 .

Physicians Realty Trust (Physicians Realty) is a self-managed healthcare real estate company. The Company acquires develops owns and manages healthcare properties that are leased to physicians hospitals and healthcare delivery systems. As of December 31 2014 the Company’s portfolio consisted of 87 properties located in 19 states of the United States with approximately 3100701 net leasable square feet. As at December 31 2014 approximately 76.5% of the net leasable square footage of the Company’s portfolio was either affiliated with a healthcare delivery system or located within approximately 0.25 mile of a hospital campus. The Company focuses its investment activity on various types of healthcare properties: medical office buildings; outpatient treatment and diagnostic facilities; physician group practice clinics; ambulatory surgery centers; specialty hospitals and treatment centers; acute care hospitals and post-acute care hospitals and long-term care facilities.

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