Shares of Physicians Realty Trust (NYSE:DOC) have received an average rating of “Buy” from the sixteen brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $20.05.
DOC has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. Raymond James Financial set a $20.00 price target on shares of Physicians Realty Trust and gave the stock a “buy” rating in a research report on Thursday, December 7th. B. Riley restated a “buy” rating on shares of Physicians Realty Trust in a research report on Wednesday, November 1st. Royal Bank of Canada reaffirmed a “buy” rating and set a $21.00 price objective on shares of Physicians Realty Trust in a research note on Wednesday, November 15th. Finally, SunTrust Banks set a $18.00 price objective on shares of Physicians Realty Trust and gave the company a “hold” rating in a research note on Monday, January 22nd.
In other Physicians Realty Trust news, Director Tommy G. Thompson acquired 2,705 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was bought at an average price of $18.46 per share, with a total value of $49,934.30. Following the purchase, the director now owns 49,339 shares in the company, valued at $910,797.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.51% of the stock is currently owned by corporate insiders.
Physicians Realty Trust (DOC) traded down $0.09 on Tuesday, hitting $15.14. 2,708,943 shares of the company traded hands, compared to its average volume of 1,756,592. Physicians Realty Trust has a 52-week low of $14.83 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. The firm has a market cap of $2,710.00, a P/E ratio of 65.83, a PEG ratio of 2.36 and a beta of 0.41.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 18th. Investors of record on Wednesday, January 3rd were paid a dividend of $0.23 per share. The ex-dividend date was Tuesday, January 2nd. This represents a $0.92 annualized dividend and a yield of 6.08%. Physicians Realty Trust’s dividend payout ratio is presently 400.00%.
TRADEMARK VIOLATION 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 viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://www.americanbankingnews.com/2018/02/13/physicians-realty-trust-doc-receives-average-recommendation-of-buy-from-analysts.html.
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.
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.