Physicians Realty Trust (NYSE:DOC) – Equities research analysts at Jefferies Group raised their Q4 2017 EPS estimates for Physicians Realty Trust in a report issued on Thursday. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will earn $0.27 per share for the quarter, up from their prior forecast of $0.26. Jefferies Group has a “Hold” rating and a $19.00 price target on the stock. Jefferies Group also issued estimates for Physicians Realty Trust’s Q1 2018 earnings at $0.28 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.28 EPS, Q4 2018 earnings at $0.27 EPS, FY2018 earnings at $1.11 EPS, Q1 2019 earnings at $0.28 EPS, Q2 2019 earnings at $0.27 EPS and FY2019 earnings at $1.10 EPS.

Several other equities analysts have also recently weighed in on the company. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a report on Wednesday, September 13th. Royal Bank Of Canada reiterated a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research note on Wednesday, September 13th. KeyCorp reiterated a “hold” rating on shares of Physicians Realty Trust in a research note on Tuesday, September 12th. Zacks Investment Research upgraded Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 12th. Finally, Morgan Stanley upgraded Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price target on the stock in a research note on Monday, July 24th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $20.67.

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Shares of Physicians Realty Trust (NYSE DOC) opened at 18.06 on Monday. The company has a market cap of $2.84 billion, a PE ratio of 77.18 and a beta of 0.55. The stock’s 50 day moving average price is $18.39 and its 200 day moving average price is $19.44. 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 announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. The company had revenue of $76.60 million for the quarter, compared to analysts’ expectations of $80.48 million. Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.51%. The business’s revenue for the quarter was up 43.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.22 earnings per share.

A number of hedge funds have recently modified their holdings of DOC. BlackRock Inc. grew its position in Physicians Realty Trust by 7,013.7% during the 1st quarter. BlackRock Inc. now owns 14,247,372 shares of the real estate investment trust’s stock worth $283,095,000 after acquiring an additional 14,047,091 shares during the last quarter. Vanguard Group Inc. grew its position in Physicians Realty Trust by 12.8% during the 2nd quarter. Vanguard Group Inc. now owns 26,712,583 shares of the real estate investment trust’s stock worth $537,992,000 after acquiring an additional 3,033,019 shares during the last quarter. Cbre Clarion Securities LLC bought a new stake in Physicians Realty Trust during the 2nd quarter worth $46,701,000. Janus Henderson Group PLC grew its position in Physicians Realty Trust by 407.5% during the 2nd quarter. Janus Henderson Group PLC now owns 2,793,368 shares of the real estate investment trust’s stock worth $56,244,000 after acquiring an additional 2,242,984 shares during the last quarter. Finally, Neuberger Berman Group LLC grew its position in Physicians Realty Trust by 6,963.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 1,927,132 shares of the real estate investment trust’s stock worth $38,812,000 after acquiring an additional 1,899,849 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Tuesday, October 3rd will be given a dividend of $0.23 per share. The ex-dividend date is Monday, October 2nd. This represents a $0.92 dividend on an annualized basis and a yield of 5.09%. Physicians Realty Trust’s dividend payout ratio is currently 400.02%.

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.

Earnings History and Estimates for Physicians Realty Trust (NYSE:DOC)

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