Raymond James Financial Reiterates “$20.00” Price Target for Physicians Realty Trust (DOC)

Raymond James Financial set a $20.00 price objective on Physicians Realty Trust (NYSE:DOC) in a report released on Thursday. The firm currently has a buy rating on the real estate investment trust’s stock.

DOC has been the subject of a number of other research reports. Cantor Fitzgerald lifted their price objective on Physicians Realty Trust from $20.00 to $21.00 and gave the company an overweight rating in a research note on Tuesday, November 7th. Capital One Financial assumed coverage on Physicians Realty Trust in a research note on Monday, September 25th. They set an equal weight rating and a $19.50 price objective for the company. Royal Bank Of Canada reissued a buy rating and issued a $21.00 target price on shares of Physicians Realty Trust in a report on Wednesday, September 13th. KeyCorp raised Physicians Realty Trust from a sector weight rating to an overweight rating in a report on Thursday, October 12th. Finally, B. Riley reissued a buy rating on shares of Physicians Realty Trust in a report on Wednesday, November 1st. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of $20.41.

Physicians Realty Trust (DOC) opened at $18.02 on Thursday. The stock has a market capitalization of $3,229.53, a price-to-earnings ratio of 17.16, a price-to-earnings-growth ratio of 2.81 and a beta of 0.52. Physicians Realty Trust has a one year low of $17.25 and a one year high of $21.85. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.59 and a current ratio of 1.59.

Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings data on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.01). The company had revenue of $93.00 million for the quarter, compared to analysts’ expectations of $90.21 million. Physicians Realty Trust had a net margin of 11.39% and a return on equity of 1.70%. The firm’s quarterly revenue was up 32.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 EPS. equities research analysts forecast that Physicians Realty Trust will post 1.05 EPS for the current fiscal year.

In other Physicians Realty Trust news, insider Jeffrey Theiler bought 5,634 shares of Physicians Realty Trust stock in a transaction on Wednesday, November 8th. The stock was acquired at an average price of $17.76 per share, with a total value of $100,059.84. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.51% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the business. Bank of Montreal Can grew its holdings in shares of Physicians Realty Trust by 32.7% in the second quarter. Bank of Montreal Can now owns 52,166 shares of the real estate investment trust’s stock worth $1,051,000 after acquiring an additional 12,845 shares during the period. Aperio Group LLC grew its holdings in shares of Physicians Realty Trust by 42.7% in the second quarter. Aperio Group LLC now owns 31,525 shares of the real estate investment trust’s stock worth $635,000 after acquiring an additional 9,440 shares during the period. NGAM Advisors L.P. grew its holdings in shares of Physicians Realty Trust by 4.2% in the second quarter. NGAM Advisors L.P. now owns 25,786 shares of the real estate investment trust’s stock worth $519,000 after acquiring an additional 1,041 shares during the period. Sei Investments Co. grew its holdings in shares of Physicians Realty Trust by 1.4% in the second quarter. Sei Investments Co. now owns 354,734 shares of the real estate investment trust’s stock worth $7,144,000 after acquiring an additional 4,966 shares during the period. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of Physicians Realty Trust by 8.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 630,471 shares of the real estate investment trust’s stock worth $12,698,000 after acquiring an additional 48,206 shares during the period. 94.90% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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