Shares of Physicians Realty Trust (NYSE:DOC) have been assigned an average recommendation of “Buy” from the seventeen research firms that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $20.50.

A number of analysts recently commented on DOC shares. Zacks Investment Research raised shares of Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 8th. Jefferies Group raised shares of Physicians Realty Trust from an “underperform” rating to a “hold” rating and boosted their price objective for the stock from $17.00 to $18.00 in a report on Monday, August 21st. Cantor Fitzgerald reissued an “overweight” rating and set a $21.00 price objective (down previously from $23.00) on shares of Physicians Realty Trust in a report on Monday, August 21st. KeyCorp reissued a “hold” rating on shares of Physicians Realty Trust in a report on Tuesday, September 12th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $21.00 price objective on shares of Physicians Realty Trust in a report on Wednesday, September 13th.

Shares of Physicians Realty Trust (NYSE:DOC) traded down $0.27 during trading hours on Thursday, hitting $17.87. 1,523,523 shares of the stock traded hands, compared to its average volume of 1,460,413. The stock has a market capitalization of $3,306.58, a P/E ratio of 17.57, a price-to-earnings-growth ratio of 2.67 and a beta of 0.52. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.46. Physicians Realty Trust has a 1-year low of $17.25 and a 1-year high of $21.85.

Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.01). The firm had revenue of $93.00 million during the quarter, compared to analysts’ expectations of $90.21 million. Physicians Realty Trust had a net margin of 11.39% and a return on equity of 1.70%. The firm’s revenue was up 32.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. sell-side analysts forecast that Physicians Realty Trust will post 1.05 earnings per share for the current fiscal year.

In other Physicians Realty Trust news, insider Jeffrey Theiler bought 5,634 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was bought at an average price of $17.76 per share, for a total transaction of $100,059.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.51% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in DOC. Vanguard Group Inc. raised its position in Physicians Realty Trust by 12.8% during the second 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 acquired a new position in Physicians Realty Trust during the second quarter worth about $46,701,000. Janus Henderson Group PLC raised its position in shares of Physicians Realty Trust by 407.5% in the second 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. Neuberger Berman Group LLC raised its position in shares of Physicians Realty Trust by 6,963.5% in the second 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. Finally, Cohen & Steers Inc. raised its position in shares of Physicians Realty Trust by 12.7% in the third quarter. Cohen & Steers Inc. now owns 12,946,213 shares of the real estate investment trust’s stock valued at $229,536,000 after buying an additional 1,458,455 shares during the last quarter. Institutional investors own 94.75% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Physicians Realty Trust (DOC) Receives Average Recommendation of “Buy” from Analysts” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/11/30/physicians-realty-trust-doc-receives-average-recommendation-of-buy-from-analysts.html.

Physicians Realty Trust Company Profile

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.