Physicians Realty Trust (NYSE:DOC) was downgraded by research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Several other research firms have also issued reports on DOC. Jefferies Group LLC lowered shares of Physicians Realty Trust from a “hold” rating to an “underperform” rating and lowered their price target for the stock from $21.00 to $17.00 in a report on Friday. Cantor Fitzgerald restated a “buy” rating and set a $23.00 price target on shares of Physicians Realty Trust in a report on Friday, June 30th. FBR & Co started coverage on shares of Physicians Realty Trust in a report on Monday, April 3rd. They set an “outperform” rating and a $23.00 price target for the company. Finally, BTIG Research raised their price target on shares of Physicians Realty Trust from $20.00 to $22.00 and gave the stock a “buy” rating in a report on Tuesday, April 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Physicians Realty Trust has an average rating of “Buy” and an average price target of $21.38.

Physicians Realty Trust (NYSE:DOC) traded down 1.60% during midday trading on Friday, hitting $19.02. 4,622,411 shares of the company were exchanged. The stock has a market capitalization of $2.92 billion, a PE ratio of 86.06 and a beta of 0.58. The firm’s 50-day moving average price is $20.72 and its 200-day moving average price is $19.59. Physicians Realty Trust has a one year low of $17.12 and a one year high of $22.03.

Physicians Realty Trust (NYSE:DOC) last posted its earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.28 EPS for the quarter, missing the consensus estimate of $0.30 by $0.02. Physicians Realty Trust had a return on equity of 1.68% and a net margin of 11.42%. The business had revenue of $76.70 million for the quarter, compared to analyst estimates of $77.57 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. The firm’s quarterly revenue was up 73.9% on a year-over-year basis. Equities research analysts anticipate that Physicians Realty Trust will post $0.29 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 18th. Investors of record on Monday, July 3rd will be issued a $0.23 dividend. This is an increase from Physicians Realty Trust’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date is Thursday, June 29th. Physicians Realty Trust’s payout ratio is 418.20%.

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Several institutional investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Physicians Realty Trust by 5.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,098 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 425 shares during the period. Quantbot Technologies LP increased its position in shares of Physicians Realty Trust by 69.8% in the first quarter. Quantbot Technologies LP now owns 11,729 shares of the real estate investment trust’s stock worth $233,000 after buying an additional 4,821 shares during the period. Teacher Retirement System of Texas increased its position in shares of Physicians Realty Trust by 7.0% in the first quarter. Teacher Retirement System of Texas now owns 11,794 shares of the real estate investment trust’s stock worth $234,000 after buying an additional 776 shares during the period. Ameritas Investment Partners Inc. increased its position in shares of Physicians Realty Trust by 11.3% in the first quarter. Ameritas Investment Partners Inc. now owns 12,989 shares of the real estate investment trust’s stock worth $258,000 after buying an additional 1,315 shares during the period. Finally, LaSalle Street Capital Management LLC increased its position in shares of Physicians Realty Trust by 47.0% in the first quarter. LaSalle Street Capital Management LLC now owns 16,024 shares of the real estate investment trust’s stock worth $318,000 after buying an additional 5,127 shares during the period. 92.50% of the stock is currently owned by institutional investors.

About Physicians Realty Trust

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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