Physicians Realty Trust (NYSE:DOC) Stock Rating Upgraded by StockNews.com

Physicians Realty Trust (NYSE:DOC – Get Rating) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

Other equities analysts have also issued research reports about the stock. Colliers Securities reissued a “buy” rating and issued a $20.00 price target on shares of Physicians Realty Trust in a research report on Thursday, February 24th. BMO Capital Markets downgraded shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $20.00 price target on the stock. in a research note on Friday, January 7th. Morgan Stanley cut their price target on shares of Physicians Realty Trust from $19.00 to $18.00 and set an “equal weight” rating for the company in a report on Monday, March 7th. Credit Suisse Group started coverage on shares of Physicians Realty Trust in a research note on Tuesday, February 1st. They set a “neutral” rating and a $19.00 price objective on the stock. Finally, Royal Bank of Canada decreased their price target on shares of Physicians Realty Trust from $19.00 to $18.00 and set a “sector perform” rating on the stock in a research note on Wednesday, March 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $19.50.

Shares of DOC traded down $0.04 during midday trading on Tuesday, hitting $17.54. The stock had a trading volume of 1,992,186 shares, compared to its average volume of 2,190,113. Physicians Realty Trust has a fifty-two week low of $16.07 and a fifty-two week high of $19.59. The business has a 50-day simple moving average of $17.23 and a two-hundred day simple moving average of $17.95. The firm has a market cap of $3.95 billion, a P/E ratio of 46.16, a price-to-earnings-growth ratio of 2.51 and a beta of 0.86. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64.

Physicians Realty Trust (NYSE:DOC – Get Rating) last posted its quarterly earnings results on Wednesday, February 23rd. The real estate investment trust reported $0.12 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.14). The company had revenue of $116.12 million for the quarter, compared to analyst estimates of $116.76 million. Physicians Realty Trust had a return on equity of 2.98% and a net margin of 18.34%. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.26 earnings per share. On average, analysts expect that Physicians Realty Trust will post 1.11 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the company. Retirement Systems of Alabama raised its holdings in Physicians Realty Trust by 2.5% during the fourth quarter. Retirement Systems of Alabama now owns 288,463 shares of the real estate investment trust’s stock worth $5,432,000 after buying an additional 6,963 shares during the last quarter. UBS Group AG grew its position in Physicians Realty Trust by 14.3% during the third quarter. UBS Group AG now owns 687,955 shares of the real estate investment trust’s stock valued at $12,122,000 after buying an additional 85,933 shares during the period. Ontario Teachers Pension Plan Board grew its position in Physicians Realty Trust by 206.7% during the third quarter. Ontario Teachers Pension Plan Board now owns 71,695 shares of the real estate investment trust’s stock valued at $1,263,000 after buying an additional 48,317 shares during the period. Yousif Capital Management LLC bought a new position in Physicians Realty Trust during the fourth quarter valued at about $2,035,000. Finally, Real Estate Management Services LLC boosted its position in Physicians Realty Trust by 26.3% during the fourth quarter. Real Estate Management Services LLC now owns 42,300 shares of the real estate investment trust’s stock worth $797,000 after purchasing an additional 8,800 shares during the period. 86.87% of the stock is currently owned by institutional investors.

Physicians Realty Trust Company Profile (Get Rating)

Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare.

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