Physicians Realty Trust (DOC) Given “Buy” Rating at B. Riley

Physicians Realty Trust (NYSE:DOC)‘s stock had its “buy” rating reissued by B. Riley in a report released on Monday. B. Riley also issued estimates for Physicians Realty Trust’s Q4 2018 earnings at $0.27 EPS, FY2018 earnings at $1.08 EPS, Q1 2019 earnings at $0.27 EPS, Q3 2019 earnings at $0.28 EPS, Q4 2019 earnings at $0.28 EPS and FY2019 earnings at $1.11 EPS.

A number of other research firms also recently issued reports on DOC. ValuEngine raised shares of Physicians Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, September 13th. Morgan Stanley boosted their price target on shares of Physicians Realty Trust from $15.00 to $16.00 and gave the company an “equal weight” rating in a research note on Thursday, August 16th. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 23rd. TheStreet raised shares of Physicians Realty Trust from a “c+” rating to a “b” rating in a research note on Friday, August 3rd. Finally, KeyCorp upped their target price on shares of Physicians Realty Trust from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Monday, September 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. Physicians Realty Trust presently has an average rating of “Buy” and a consensus price target of $17.77.

Physicians Realty Trust stock opened at $16.67 on Monday. The company has a market capitalization of $2.97 billion, a PE ratio of 16.03, a P/E/G ratio of 3.85 and a beta of 0.40. Physicians Realty Trust has a 1 year low of $14.13 and a 1 year high of $19.03. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.63.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Friday, November 2nd. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The business had revenue of $105.03 million for the quarter, compared to the consensus estimate of $103.70 million. Physicians Realty Trust had a net margin of 13.33% and a return on equity of 2.19%. The business’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.26 EPS. On average, research analysts forecast that Physicians Realty Trust will post 1.09 EPS for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in DOC. Janus Henderson Group PLC increased its stake in Physicians Realty Trust by 58.5% during the 2nd quarter. Janus Henderson Group PLC now owns 4,185,367 shares of the real estate investment trust’s stock worth $66,724,000 after buying an additional 1,545,022 shares during the period. BlackRock Inc. increased its stake in Physicians Realty Trust by 6.4% during the 2nd quarter. BlackRock Inc. now owns 17,459,820 shares of the real estate investment trust’s stock worth $278,311,000 after buying an additional 1,042,923 shares during the period. Wells Fargo & Company MN increased its stake in Physicians Realty Trust by 32.8% during the 2nd quarter. Wells Fargo & Company MN now owns 3,864,614 shares of the real estate investment trust’s stock worth $61,602,000 after buying an additional 954,426 shares during the period. Canada Pension Plan Investment Board increased its stake in Physicians Realty Trust by 934.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 877,500 shares of the real estate investment trust’s stock worth $13,987,000 after buying an additional 792,700 shares during the period. Finally, Victory Capital Management Inc. increased its stake in Physicians Realty Trust by 49.1% during the 2nd quarter. Victory Capital Management Inc. now owns 2,290,133 shares of the real estate investment trust’s stock worth $36,504,000 after buying an additional 753,762 shares during the period. 92.38% of the stock is currently 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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Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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