Physicians Realty Trust (NYSE:DOC – Get Rating) is scheduled to be releasing its earnings data before the market opens on Thursday, August 4th. Analysts expect Physicians Realty Trust to post earnings of $0.27 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Physicians Realty Trust (NYSE:DOC – Get Rating) last issued its quarterly earnings data on Wednesday, May 4th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.22). Physicians Realty Trust had a net margin of 16.82% and a return on equity of 2.78%. The firm had revenue of $130.39 million during the quarter, compared to analyst estimates of $126.51 million. During the same period in the previous year, the firm posted $0.27 earnings per share. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. On average, analysts expect Physicians Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Physicians Realty Trust Trading Down 0.3 %
Shares of NYSE DOC opened at $17.27 on Thursday. Physicians Realty Trust has a twelve month low of $16.07 and a twelve month high of $19.30. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.64. The stock has a fifty day simple moving average of $17.41 and a 200-day simple moving average of $17.48. The stock has a market capitalization of $3.89 billion, a PE ratio of 47.97, a PEG ratio of 2.74 and a beta of 0.80.
Physicians Realty Trust Announces Dividend
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on DOC. TheStreet cut Physicians Realty Trust from a “b-” rating to a “c+” rating in a research note on Tuesday, June 28th. Barclays started coverage on Physicians Realty Trust in a research note on Tuesday, April 26th. They issued an “overweight” rating and a $20.00 price objective for the company. Capital One Financial started coverage on Physicians Realty Trust in a research note on Friday, June 3rd. They set an “equal weight” rating and a $20.00 target price for the company. Morgan Stanley lowered their target price on Physicians Realty Trust from $17.50 to $16.00 and set an “equal weight” rating for the company in a research note on Friday, July 15th. Finally, StockNews.com cut Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, May 24th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $18.80.
Insiders Place Their Bets
In other Physicians Realty Trust news, Director Pamela Shelley-Kessler purchased 3,000 shares of the firm’s stock in a transaction on Tuesday, June 14th. The stock was bought at an average cost of $16.81 per share, with a total value of $50,430.00. Following the acquisition, the director now directly owns 3,000 shares of the company’s stock, valued at $50,430. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.89% of the stock is owned by company insiders.
Institutional Trading of Physicians Realty Trust
Institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC lifted its holdings in shares of Physicians Realty Trust by 298.9% in the 1st quarter. Renaissance Technologies LLC now owns 106,100 shares of the real estate investment trust’s stock valued at $1,861,000 after purchasing an additional 79,500 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Physicians Realty Trust by 63.4% in the 1st quarter. Prudential Financial Inc. now owns 92,001 shares of the real estate investment trust’s stock valued at $1,613,000 after purchasing an additional 35,711 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Physicians Realty Trust by 55.6% in the 1st quarter. Advisors Asset Management Inc. now owns 87,710 shares of the real estate investment trust’s stock valued at $1,538,000 after purchasing an additional 31,328 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Physicians Realty Trust by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 80,734 shares of the real estate investment trust’s stock valued at $1,416,000 after acquiring an additional 7,698 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Physicians Realty Trust during the 1st quarter valued at approximately $678,000. 87.64% of the stock is owned by hedge funds and other institutional investors.
Physicians Realty Trust Company Profile
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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