Wesley Capital Management adds Physicians Realty Trust (DOC) to its portfolio

Physicians Realty Trust (DOC) : Wesley Capital Management added new position in Physicians Realty Trust during the most recent quarter end. The investment management firm now holds 43,000 shares of Physicians Realty Trust which is valued at $887,950 , the company said in a statement filed on Aug 9, 2016 with the SEC.Physicians Realty Trust makes up approximately 0.96% of Wesley Capital Management’s portfolio.

Other Hedge Funds, Including , Thompson Davis boosted its stake in DOC in the latest quarter, The investment management firm added 104 additional shares and now holds a total of 854 shares of Physicians Realty Trust which is valued at $17,635. Physicians Realty Trust makes up approx 0.03% of Thompson Davis’s portfolio.Janney Montgomery Scott reduced its stake in DOC by selling 89,182 shares or 49.25% in the most recent quarter. The Hedge Fund company now holds 91,906 shares of DOC which is valued at $1,934,621. Physicians Realty Trust makes up approx 0.03% of Janney Montgomery Scott’s portfolio. Ngam Advisors added DOC to its portfolio by purchasing 11,606 company shares during the most recent quarter which is valued at $242,101.Monarch Partners Asset Management boosted its stake in DOC in the latest quarter, The investment management firm added 1,455 additional shares and now holds a total of 173,585 shares of Physicians Realty Trust which is valued at $3,653,964. Physicians Realty Trust makes up approx 0.36% of Monarch Partners Asset 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.

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. 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 was Downgraded by JMP Securities to ” Mkt Perform” on Jun 22, 2016.

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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