Physicians Realty Trust (NYSE:DOC)‘s stock had its “buy” rating reiterated by equities research analysts at Cantor Fitzgerald in a research note issued on Wednesday. They currently have a $21.00 price objective on the real estate investment trust’s stock. Cantor Fitzgerald’s target price points to a potential upside of 13.64% from the company’s current price.

DOC has been the topic of a number of other research reports. Zacks Investment Research upgraded Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 8th. UBS AG cut Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a report on Monday, July 17th. BidaskClub upgraded Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. FBR & Co restated an “outperform” rating and set a $21.00 target price on shares of Physicians Realty Trust in a report on Tuesday, July 11th. Finally, Raymond James Financial, Inc. cut Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating and set a $21.00 target price on the stock. in a report on Monday, July 17th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Physicians Realty Trust has an average rating of “Buy” and a consensus price target of $20.58.

Shares of Physicians Realty Trust (NYSE DOC) traded up 0.32% during trading on Wednesday, hitting $18.54. The stock had a trading volume of 904,305 shares. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 79.23 and a beta of 0.55. Physicians Realty Trust has a 1-year low of $17.12 and a 1-year high of $21.95. The firm has a 50 day moving average of $18.38 and a 200 day moving average of $19.48.

Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.01. Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.51%. The firm had revenue of $76.60 million for the quarter, compared to analysts’ expectations of $80.48 million. During the same quarter last year, the business earned $0.22 earnings per share. The company’s revenue was up 43.9% compared to the same quarter last year. Analysts expect that Physicians Realty Trust will post $0.27 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in Physicians Realty Trust by 7,013.7% in the 1st quarter. BlackRock Inc. now owns 14,247,372 shares of the real estate investment trust’s stock valued at $283,095,000 after buying an additional 14,047,091 shares during the last quarter. Vanguard Group Inc. raised its position in Physicians Realty Trust by 12.8% in the 2nd quarter. Vanguard Group Inc. now owns 26,712,583 shares of the real estate investment trust’s stock valued at $537,992,000 after buying an additional 3,033,019 shares during the last quarter. Cbre Clarion Securities LLC acquired a new stake in Physicians Realty Trust in the 2nd quarter valued at approximately $46,701,000. Janus Henderson Group PLC raised its position in Physicians Realty Trust by 407.5% in the 2nd quarter. Janus Henderson Group PLC now owns 2,793,368 shares of the real estate investment trust’s stock valued at $56,244,000 after buying an additional 2,242,984 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its position in Physicians Realty Trust by 6,963.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,927,132 shares of the real estate investment trust’s stock valued at $38,812,000 after buying an additional 1,899,849 shares during the last quarter. Institutional investors and hedge funds own 94.27% of the company’s stock.

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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