Physicians Realty Trust (NYSE:DOC) was upgraded by equities research analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research report issued on Monday, The Fly reports.

Other analysts have also issued reports about the stock. Stifel Nicolaus decreased their price target on shares of Physicians Realty Trust from $23.00 to $22.00 and set a “buy” rating on the stock in a research report on Wednesday, July 12th. Cantor Fitzgerald reiterated a “buy” rating and set a $23.00 target price on shares of Physicians Realty Trust in a research report on Friday, June 30th. Jefferies Group LLC reiterated a “hold” rating and set a $21.00 target price on shares of Physicians Realty Trust in a research report on Wednesday, June 14th. BTIG Research lifted their target price on shares of Physicians Realty Trust from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, April 11th. Finally, BidaskClub lowered shares of Physicians Realty Trust from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $21.21.

Shares of Physicians Realty Trust (NYSE DOC) opened at 18.67 on Monday. The stock has a 50 day moving average of $20.24 and a 200-day moving average of $19.63. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 84.48 and a beta of 0.58. Physicians Realty Trust has a 52 week low of $17.12 and a 52 week high of $22.03.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.02. The company had revenue of $76.70 million during the quarter, compared to analyst estimates of $77.57 million. Physicians Realty Trust had a return on equity of 1.68% and a net margin of 11.42%. The business’s revenue for the quarter was up 73.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.22 earnings per share. Equities research analysts expect that Physicians Realty Trust will post $0.25 earnings per share for the current year.

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Several institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of Physicians Realty Trust by 14.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,646,932 shares of the real estate investment trust’s stock worth $31,225,000 after buying an additional 212,199 shares in the last quarter. Norges Bank bought a new position in shares of Physicians Realty Trust during the fourth quarter worth $25,379,000. Teachers Advisors LLC increased its position in shares of Physicians Realty Trust by 1.9% in the fourth quarter. Teachers Advisors LLC now owns 222,196 shares of the real estate investment trust’s stock worth $4,213,000 after buying an additional 4,091 shares in the last quarter. Macquarie Group Ltd. increased its position in shares of Physicians Realty Trust by 12.5% in the fourth quarter. Macquarie Group Ltd. now owns 46,900 shares of the real estate investment trust’s stock worth $889,000 after buying an additional 5,200 shares in the last quarter. Finally, Manning & Napier Advisors LLC increased its position in shares of Physicians Realty Trust by 5.5% in the first quarter. Manning & Napier Advisors LLC now owns 554,750 shares of the real estate investment trust’s stock worth $11,021,000 after buying an additional 28,810 shares in the last quarter. 79.93% of the stock is 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.

The Fly

Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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