Physicians Realty Trust (DOC) Given a $20.00 Price Target at Raymond James Financial

Raymond James Financial set a $20.00 target price on Physicians Realty Trust (NYSE:DOC) in a report released on Thursday morning. The firm currently has a buy rating on the real estate investment trust’s stock.

Several other research firms have also issued reports on DOC. Jefferies Group reiterated a hold rating and set a $19.00 price objective (up from $18.00) on shares of Physicians Realty Trust in a research note on Friday, September 22nd. Zacks Investment Research upgraded Physicians Realty Trust from a strong sell rating to a hold rating in a research note on Tuesday, September 12th. KeyCorp restated a hold rating on shares of Physicians Realty Trust in a research note on Tuesday, September 12th. Stifel Nicolaus restated a buy rating and issued a $22.00 target price on shares of Physicians Realty Trust in a research note on Wednesday, October 4th. Finally, Cantor Fitzgerald restated a buy rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research note on Tuesday, September 26th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $20.41.

Physicians Realty Trust (DOC) traded up $0.04 during trading on Thursday, reaching $17.93. The company’s stock had a trading volume of 817,100 shares, compared to its average volume of 1,448,859. The company has a quick ratio of 1.59, a current 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. The firm has a market capitalization of $3,210.00, a price-to-earnings ratio of 17.04, a P/E/G ratio of 2.79 and a beta of 0.54.

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

In other Physicians Realty Trust news, insider Jeffrey Theiler bought 5,634 shares of the stock in a transaction dated Wednesday, November 8th. The stock was bought at an average cost of $17.76 per share, for a total transaction of $100,059.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.51% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the stock. Optimum Investment Advisors increased its position in Physicians Realty Trust by 0.4% in the second quarter. Optimum Investment Advisors now owns 15,191 shares of the real estate investment trust’s stock worth $306,000 after purchasing an additional 68 shares during the period. Teacher Retirement System of Texas increased its position in Physicians Realty Trust by 1.7% in 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 during the period. 1st Global Advisors Inc. increased its position in Physicians Realty Trust by 0.8% in the second quarter. 1st Global Advisors Inc. now owns 28,334 shares of the real estate investment trust’s stock worth $571,000 after purchasing an additional 236 shares during the period. Ameritas Investment Partners Inc. increased its position in Physicians Realty Trust by 4.3% in the second quarter. Ameritas Investment Partners Inc. now owns 13,543 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 554 shares during the period. Finally, Profund Advisors LLC increased its position in Physicians Realty Trust by 6.8% in 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 during the period. Hedge funds and other institutional investors own 94.90% 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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