Shares of Physicians Realty Trust (NYSE:DOC) have been given a consensus rating of “Buy” by the sixteen research firms that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $20.55.

Several analysts have issued reports on the stock. BidaskClub raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Jefferies Group LLC reissued a “hold” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a research report on Wednesday, June 14th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $23.00 price target on shares of Physicians Realty Trust in a research report on Friday, June 30th. Morgan Stanley raised shares of Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price target for the company in a research report on Monday, July 24th. Finally, Raymond James Financial, Inc. lowered shares of Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating and set a $21.00 price target for the company. in a research report on Monday, July 17th.

Physicians Realty Trust (NYSE:DOC) traded up 0.92% during midday trading on Friday, hitting $18.74. 1,795,725 shares of the stock traded hands. The company’s 50 day moving average is $18.39 and its 200-day moving average is $19.46. The company has a market cap of $2.95 billion, a P/E ratio of 80.09 and a beta of 0.55. Physicians Realty Trust has a one year low of $17.12 and a one year high of $21.95.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $76.60 million for the quarter, compared to analyst estimates of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. The business’s revenue was up 43.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.22 earnings per share. On average, equities research analysts forecast that Physicians Realty Trust will post $0.27 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Physicians Realty Trust (DOC) Given Consensus Rating of “Buy” by Brokerages” was first published by American Banking News and is owned by of American Banking News. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/09/16/physicians-realty-trust-doc-given-consensus-rating-of-buy-by-brokerages.html.

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Physicians Realty Trust by 12.8% in the second quarter. Vanguard Group Inc. now owns 26,712,583 shares of the real estate investment trust’s stock valued at $537,992,000 after purchasing an additional 3,033,019 shares during the period. BlackRock Inc. increased its position in Physicians Realty Trust by 1.9% during the second quarter. BlackRock Inc. now owns 14,519,268 shares of the real estate investment trust’s stock worth $292,418,000 after acquiring an additional 271,896 shares during the period. Principal Financial Group Inc. increased its position in Physicians Realty Trust by 1.5% during the first quarter. Principal Financial Group Inc. now owns 8,823,978 shares of the real estate investment trust’s stock worth $175,220,000 after acquiring an additional 130,962 shares during the period. Lord Abbett & CO. LLC increased its position in Physicians Realty Trust by 2.1% during the second quarter. Lord Abbett & CO. LLC now owns 3,777,212 shares of the real estate investment trust’s stock worth $76,073,000 after acquiring an additional 79,439 shares during the period. Finally, Northern Trust Corp increased its position in Physicians Realty Trust by 48.2% during the second quarter. Northern Trust Corp now owns 3,568,761 shares of the real estate investment trust’s stock worth $71,875,000 after acquiring an additional 1,160,704 shares during the period. 94.27% 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)

Receive News & Ratings for Physicians Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Physicians Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.