Physicians Realty Trust (NYSE:DOC)‘s stock had its “outperform” rating reissued by analysts at Robert W. Baird in a report released on Friday, MarketBeat Ratings reports. They currently have a $19.00 price target on the real estate investment trust’s stock, down from their previous price target of $21.00. Robert W. Baird’s price target points to a potential upside of 9.26% from the company’s previous close.

A number of other research firms also recently issued reports on DOC. Cantor Fitzgerald reiterated a “buy” rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research 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 research report on Wednesday, November 15th. KeyCorp upgraded shares of Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a research report on Thursday, October 12th. Stifel Nicolaus reiterated a “buy” rating and issued a $22.00 target price on shares of Physicians Realty Trust in a research report on Wednesday, October 4th. Finally, Zacks Investment Research upgraded shares of Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $20.25.

Shares of Physicians Realty Trust (DOC) traded down $0.10 during trading hours on Friday, hitting $17.39. 1,153,300 shares of the company traded hands, compared to its average volume of 1,490,000. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.46. The stock has a market cap of $3,120.00, a P/E ratio of 75.61, a PEG ratio of 2.49 and a beta of 0.54. Physicians Realty Trust has a fifty-two week low of $17.25 and a fifty-two week high of $21.85.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 EPS 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% compared to the same quarter last year. During the same quarter last year, the company posted $0.27 EPS. sell-side analysts predict that Physicians Realty Trust will post 1.05 EPS for the current year.

In other Physicians Realty Trust news, Director Tommy G. Thompson purchased 2,705 shares of the business’s stock in a transaction dated Thursday, December 14th. The shares were acquired at an average price of $18.46 per share, for a total transaction of $49,934.30. Following the acquisition, the director now owns 49,339 shares of the company’s stock, valued at $910,797.94. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffrey Theiler purchased 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 disclosure for this purchase can be found here. 0.51% of the stock is owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in DOC. Vanguard Group Inc. raised its holdings in shares of 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 valued at $537,992,000 after purchasing an additional 3,033,019 shares in the last quarter. Cbre Clarion Securities LLC bought a new position in shares of Physicians Realty Trust during the 2nd quarter valued at $46,701,000. Janus Henderson Group PLC raised its holdings in shares of 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 valued at $56,244,000 after purchasing an additional 2,242,984 shares in the last quarter. Cohen & Steers Inc. raised its holdings in shares of Physicians Realty Trust by 12.7% during the 3rd quarter. Cohen & Steers Inc. now owns 12,946,213 shares of the real estate investment trust’s stock valued at $229,536,000 after purchasing an additional 1,458,455 shares in the last quarter. Finally, Citadel Advisors LLC raised its holdings in shares of Physicians Realty Trust by 355.8% during the 2nd quarter. Citadel Advisors LLC now owns 1,852,479 shares of the real estate investment trust’s stock valued at $37,309,000 after purchasing an additional 1,446,061 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

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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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