Seeking Alpha
Long/short equity, insider ownership
Profile| Send Message|
( followers)

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.

(click to enlarge)

Insider buying during the last 30 days

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

NameTitleTrade DateShares PurchasedPublic OfferingCurrent OwnershipIncrease In Shares
Richard WeissDirectorJune 21,000No14,151
shares
+7.6%
Stanton AndersonDirectorMay 303,600No34,142 shares+11.8%
John LuceySVPMay 271,000Yes13,234 shares+8.2%
Tommy ThompsonDirectorMay 274,000Yes32,054 shares+14.3%

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.

MonthInsider buying / sharesInsider selling / shares
June 20141,0000
May 20148,6000
April 201400
March 201400
February 201400
January 201400
December 20139,6960
November 201300
October 201300
September 201300
August 201300
July 201342,7300

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

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.

CompanyDOCHCPHCNVTR
Market Cap:297.11M19.28B18.57B19.10B
Employees:5154404465
Qtrly Rev Growth (yoy):1.410.040.270.09
Revenue:21.47M2.12B3.05B2.87B
Gross Margin:0.660.860.580.60
EBITDA:9.16M1.73B1.66B1.58B
Operating Margin:0.120.620.240.30
Net Income:-4.45M895.16M102.96M485.32M
PEG (5 yr expected):3.224.042.672.58
P/S:13.759.096.066.67
Dividend Yield:6.50%5.20%5.00%4.30%

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.

CompanyInsider buying / sharesInsider selling / shares
HCP066,736
HCN013,791
VTR00

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.

(click to enlarge)

(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.

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