FY2019 EPS Estimates for Physicians Realty Trust (DOC) Lowered by Jefferies Group

Physicians Realty Trust (NYSE:DOC) – Investment analysts at Jefferies Group decreased their FY2019 earnings estimates for shares of Physicians Realty Trust in a research note issued to investors on Tuesday. Jefferies Group analyst O. Okusanya now anticipates that the real estate investment trust will earn $1.14 per share for the year, down from their prior forecast of $1.15. Jefferies Group currently has a “Hold” rating and a $19.00 price target on the stock.

DOC has been the subject of a number of other reports. Royal Bank of Canada reiterated a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research report on Wednesday, November 15th. KeyCorp raised shares of Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a research note on Thursday, October 12th. Stifel Nicolaus reissued a “buy” rating and issued a $22.00 price objective on shares of Physicians Realty Trust in a research note on Wednesday, October 4th. Cantor Fitzgerald reissued a “buy” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a research note on Tuesday, September 26th. Finally, Raymond James Financial set a $20.00 price objective on shares of Physicians Realty Trust and gave the company a “buy” rating in a research note on Thursday, December 7th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $20.25.

Physicians Realty Trust (NYSE DOC) traded down $0.17 during midday trading on Thursday, hitting $16.33. 1,537,065 shares of the stock were exchanged, compared to its average volume of 1,456,492. 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 52 week low of $16.21 and a 52 week high of $21.85. The firm has a market capitalization of $2,960.00, a P/E ratio of 71.00, a price-to-earnings-growth ratio of 2.32 and a beta of 0.54.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Physicians Realty Trust had a net margin of 11.39% and a return on equity of 1.70%. The business had revenue of $93.00 million during the quarter, compared to analyst estimates of $90.21 million. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The firm’s quarterly revenue was up 32.8% on a year-over-year basis.

Several hedge funds and other institutional investors have recently bought and sold shares of DOC. Schwab Charles Investment Management Inc. grew its stake in shares of Physicians Realty Trust by 8.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 630,471 shares of the real estate investment trust’s stock worth $12,698,000 after buying an additional 48,206 shares during the last quarter. Swiss National Bank grew its stake in shares of Physicians Realty Trust by 1.6% during the second quarter. Swiss National Bank now owns 252,406 shares of the real estate investment trust’s stock worth $5,083,000 after buying an additional 4,000 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Physicians Realty Trust by 7.0% during the second quarter. JPMorgan Chase & Co. now owns 148,497 shares of the real estate investment trust’s stock worth $2,990,000 after buying an additional 9,660 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Physicians Realty Trust by 20.2% during the second quarter. Franklin Resources Inc. now owns 604,019 shares of the real estate investment trust’s stock worth $12,165,000 after buying an additional 101,651 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Physicians Realty Trust by 41.2% during the second quarter. Wells Fargo & Company MN now owns 1,525,207 shares of the real estate investment trust’s stock worth $30,716,000 after buying an additional 445,072 shares during the last quarter. 93.63% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Jeffrey Theiler bought 5,634 shares of the firm’s stock in a transaction on Wednesday, November 8th. The shares were purchased at an average price of $17.76 per share, with a total value of $100,059.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Tommy G. Thompson bought 2,705 shares of the firm’s stock in a transaction on Thursday, December 14th. The shares were bought at an average cost of $18.46 per share, for a total transaction of $49,934.30. Following the purchase, the director now owns 49,339 shares of the company’s stock, valued at approximately $910,797.94. The disclosure for this purchase can be found here. Company insiders own 0.51% of the company’s stock.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 18th. Investors of record on Wednesday, January 3rd will be paid a $0.23 dividend. The ex-dividend date is Tuesday, January 2nd. This represents a $0.92 dividend on an annualized basis and a yield of 5.63%. Physicians Realty Trust’s dividend payout ratio (DPR) is 400.00%.

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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.

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

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