Physicians Realty Trust (NYSE:DOC) has been assigned an average rating of “Buy” from the twenty analysts that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $21.00.
Several research analysts have recently commented on the stock. BidaskClub raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, June 23rd. Jefferies Group LLC reissued a “hold” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a research note on Wednesday, June 14th. BTIG Research raised their price objective on shares of Physicians Realty Trust from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, April 11th. FBR & Co assumed coverage on shares of Physicians Realty Trust in a research note on Monday, April 3rd. They issued an “outperform” rating and a $23.00 price objective for the company. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $23.00 price objective on shares of Physicians Realty Trust in a research note on Friday, June 30th.
Hedge funds have recently modified their holdings of the stock. Quantitative Systematic Strategies LLC purchased a new stake in shares of Physicians Realty Trust during the first quarter valued at $1,271,000. GW&K Investment Management LLC boosted its stake in shares of Physicians Realty Trust by 26.9% in the first quarter. GW&K Investment Management LLC now owns 912,932 shares of the real estate investment trust’s stock valued at $18,140,000 after buying an additional 193,292 shares during the period. Manning & Napier Advisors LLC boosted its stake in Physicians Realty Trust by 5.5% in the first quarter. Manning & Napier Advisors LLC now owns 554,750 shares of the real estate investment trust’s stock worth $11,021,000 after buying an additional 28,810 shares during the last quarter. Macquarie Group Ltd. boosted its stake in Physicians Realty Trust by 12.5% in the fourth quarter. Macquarie Group Ltd. now owns 46,900 shares of the real estate investment trust’s stock worth $889,000 after buying an additional 5,200 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in Physicians Realty Trust by 1.9% in the fourth quarter. Teachers Advisors LLC now owns 222,196 shares of the real estate investment trust’s stock worth $4,213,000 after buying an additional 4,091 shares during the last quarter. 79.93% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Physicians Realty Trust (NYSE:DOC) opened at 18.46 on Monday. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 83.53 and a beta of 0.58. The stock has a 50 day moving average of $19.85 and a 200 day moving average of $19.61. Physicians Realty Trust has a 12-month low of $17.12 and a 12-month high of $22.03.
Physicians Realty Trust (NYSE:DOC) last announced its earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.02. The company had revenue of $76.70 million for the quarter, compared to analysts’ expectations of $77.57 million. Physicians Realty Trust had a return on equity of 1.68% and a net margin of 11.42%. The company’s quarterly revenue was up 73.9% compared to the same quarter last year. During the same period last year, the business earned $0.22 EPS. Analysts forecast that Physicians Realty Trust will post $0.23 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 18th. Investors of record on Monday, July 3rd were issued a $0.23 dividend. This is a boost from Physicians Realty Trust’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Thursday, June 29th. This represents a $0.92 annualized dividend and a yield of 4.98%. Physicians Realty Trust’s dividend payout ratio (DPR) is 418.20%.
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Physicians Realty Trust Company Profile
Physicians Realty Trust (the Trust) is a real estate investment trust. Physicians Realty L.P. is the operating partnership of the Trust. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.
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