Physicians Realty Trust (NYSE:DOC) received a $20.00 price target from equities research analysts at Raymond James Financial in a report released on Thursday. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Raymond James Financial’s price target indicates a potential upside of 11.54% from the stock’s previous close.

DOC has been the subject of a number of other reports. Cantor Fitzgerald reiterated a “buy” rating and issued a $21.00 target price 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 target price on shares of Physicians Realty Trust in a report on Wednesday, November 15th. KeyCorp raised Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a report on Thursday, October 12th. Stifel Nicolaus reaffirmed a “buy” rating and set a $22.00 price target on shares of Physicians Realty Trust in a report on Wednesday, October 4th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $19.00 price target (up from $18.00) on shares of Physicians Realty Trust in a report on Friday, September 22nd. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Physicians Realty Trust currently has an average rating of “Buy” and an average target price of $20.41.

Physicians Realty Trust (NYSE:DOC) traded up $0.04 during trading hours on Thursday, reaching $17.93. The company had a trading volume of 817,100 shares, compared to its average volume of 1,448,859. The stock has a market capitalization of $3,210.00, a price-to-earnings ratio of 17.04, a PEG ratio of 2.79 and a beta of 0.54. Physicians Realty Trust has a 52-week low of $17.25 and a 52-week high of $21.85. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.59 and a current ratio of 1.59.

Physicians Realty Trust (NYSE:DOC) last released its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.01). The company 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 company’s revenue for the quarter was up 32.8% on a year-over-year basis. During the same quarter last year, the business posted $0.27 earnings per share. equities analysts anticipate that Physicians Realty Trust will post 1.05 earnings per share for the current fiscal year.

In other news, insider Jeffrey Theiler bought 5,634 shares of the business’s stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average price of $17.76 per share, for a total transaction of $100,059.84. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.51% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Physicians Realty Trust by 16.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,462 shares of the real estate investment trust’s stock worth $191,000 after purchasing an additional 1,364 shares in the last quarter. Pinnacle Associates Ltd. acquired a new stake in shares of Physicians Realty Trust during the second quarter worth about $205,000. Profund Advisors LLC increased its position in shares of Physicians Realty Trust by 6.8% during the second quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock worth $233,000 after purchasing an additional 733 shares in the last quarter. Teacher Retirement System of Texas increased its position in shares of Physicians Realty Trust by 1.7% during the second quarter. Teacher Retirement System of Texas now owns 11,997 shares of the real estate investment trust’s stock worth $242,000 after purchasing an additional 203 shares in the last quarter. Finally, Veritable L.P. acquired a new stake in shares of Physicians Realty Trust during the second quarter worth about $266,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Raymond James Financial Reiterates “$20.00” Price Target for Physicians Realty Trust (DOC)” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/12/08/raymond-james-financial-reiterates-20-00-price-target-for-physicians-realty-trust-doc.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.