Physicians Realty Trust: 4 Different Insiders Have Purchased Shares During The Last 30 Days

Jun. 4.14 | About: Physicians Realty (DOC)

Summary

4 insiders purchased Physicians Realty Trust stock within one month.

The stock was sold by no insiders in the month of intensive purchasing.

2 of these 4 insiders increased their holdings by more than 10%.

Physicians Realty Trust (NYSE:DOC) focuses on the acquisition, development, ownership, and management of healthcare properties that are leased to physicians, hospitals, and healthcare delivery systems.

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Insider buying during the last 30 days

Here is a table of Physicians Realty Trust's insider activity during the last 30 days.

Name Title Trade Date Shares Purchased Public Offering Current Ownership Increase In Shares
Richard Weiss Director June 2 1,000 No 14,151
shares
+7.6%
Stanton Anderson Director May 30 3,600 No 34,142 shares +11.8%
John Lucey SVP May 27 1,000 Yes 13,234 shares +8.2%
Tommy Thompson Director May 27 4,000 Yes 32,054 shares +14.3%
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There have been 9,600 shares purchased by insiders during the last 30 days.

Insider buying by calendar month

Here is a table of Physicians Realty Trust's insider activity by calendar month.

Month Insider buying / shares Insider selling / shares
June 2014 1,000 0
May 2014 8,600 0
April 2014 0 0
March 2014 0 0
February 2014 0 0
January 2014 0 0
December 2013 9,696 0
November 2013 0 0
October 2013 0 0
September 2013 0 0
August 2013 0 0
July 2013 42,730 0
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There have been 62,026 shares purchased and there have been zero shares sold by insiders since July 2013. Physicians Realty Trust had its IPO in July 2013.

Financials

Physicians Realty Trust reported the first-quarter financial results on May 7 with the following highlights:

Revenue $8.0 million
Normalized FFO $3.0 million
Net loss $3.1 million
Cash $10.1 million
Debt $159.4 million
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The four insiders purchased their shares after these results.

On May 27, Physicians Realty Trust closed a $158.1 million public offering.

Competition

Physicians Realty Trust's competitors include HCP, Inc. (NYSE:HCP), Health Care REIT (NYSE:HCN), and Ventas (NYSE:VTR). Here is a table comparing these companies.

Company DOC HCP HCN VTR
Market Cap: 297.11M 19.28B 18.57B 19.10B
Employees: 5 154 404 465
Qtrly Rev Growth (yoy): 1.41 0.04 0.27 0.09
Revenue: 21.47M 2.12B 3.05B 2.87B
Gross Margin: 0.66 0.86 0.58 0.60
EBITDA: 9.16M 1.73B 1.66B 1.58B
Operating Margin: 0.12 0.62 0.24 0.30
Net Income: -4.45M 895.16M 102.96M 485.32M
PEG (5 yr expected): 3.22 4.04 2.67 2.58
P/S: 13.75 9.09 6.06 6.67
Dividend Yield: 6.50% 5.20% 5.00% 4.30%
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Physicians Realty Trust has the highest dividend yield among these four companies.

Here is a table of these competitors' insider activities during the last 30 days.

Company Insider buying / shares Insider selling / shares
HCP 0 66,736
HCN 0 13,791
VTR 0 0
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Only Physicians Realty Trust has seen intensive insider buying during the last 30 days.

Conclusion

There have been four different insiders buying Physicians Realty Trust, and there have not been any insiders selling Physicians Realty Trust during the last 30 days. Two of these four insiders increased their holdings by more than 10%. Physicians Realty Trust has an insider ownership of 1.10%.

The four insiders purchased their shares at prices ranging from $12.50 to $13.88. I believe Physicians Realty Trust could be a good pick below $13.88 based on the intensive insider buying.

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(Source: Investor presentation)

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in DOC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.