Physicians Realty Trust (NYSE:DOC) Given Average Recommendation of “Hold” by Brokerages

Shares of Physicians Realty Trust (NYSE:DOC – Get Rating) have earned a consensus recommendation of “Hold” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $19.29.

A number of research firms have recently issued reports on DOC. Colliers Securities restated a “buy” rating and set a $20.00 price objective on shares of Physicians Realty Trust in a research report on Thursday, February 24th. StockNews.com upgraded Physicians Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday. Barclays initiated coverage on Physicians Realty Trust in a research report on Tuesday, April 26th. They set an “overweight” rating and a $20.00 price objective on the stock. Zacks Investment Research upgraded Physicians Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday, May 9th. Finally, Credit Suisse Group initiated coverage on Physicians Realty Trust in a research report on Tuesday, February 1st. They issued a “neutral” rating and a $19.00 price target on the stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Physicians Realty Trust by 1.7% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 36,518 shares of the real estate investment trust’s stock valued at $688,000 after acquiring an additional 604 shares during the period. HighTower Advisors LLC lifted its stake in shares of Physicians Realty Trust by 1.0% during the third quarter. HighTower Advisors LLC now owns 62,383 shares of the real estate investment trust’s stock valued at $1,102,000 after acquiring an additional 622 shares during the period. Rockefeller Capital Management L.P. lifted its stake in shares of Physicians Realty Trust by 8.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 8,588 shares of the real estate investment trust’s stock valued at $161,000 after acquiring an additional 657 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of Physicians Realty Trust by 12.6% during the fourth quarter. Public Employees Retirement System of Ohio now owns 6,105 shares of the real estate investment trust’s stock valued at $115,000 after acquiring an additional 683 shares during the period. Finally, NEXT Financial Group Inc lifted its stake in shares of Physicians Realty Trust by 30.6% during the fourth quarter. NEXT Financial Group Inc now owns 2,942 shares of the real estate investment trust’s stock valued at $55,000 after acquiring an additional 690 shares during the period. 87.64% of the stock is currently owned by institutional investors and hedge funds.

Shares of DOC stock opened at $17.63 on Friday. Physicians Realty Trust has a 12 month low of $16.07 and a 12 month high of $19.59. The firm has a market cap of $3.97 billion, a PE ratio of 48.97, a price-to-earnings-growth ratio of 2.46 and a beta of 0.82. The stock has a 50 day moving average of $17.40 and a 200-day moving average of $17.86. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.64.

Physicians Realty Trust (NYSE:DOC – Get Rating) last issued its quarterly earnings results on Wednesday, May 4th. The real estate investment trust reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.22). The business had revenue of $130.39 million for the quarter, compared to analyst estimates of $126.51 million. Physicians Realty Trust had a return on equity of 2.78% and a net margin of 16.82%. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 earnings per share. As a group, equities analysts predict that Physicians Realty Trust will post 1.1 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Thursday, March 31st were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 5.22%. The ex-dividend date was Wednesday, March 30th. Physicians Realty Trust’s payout ratio is presently 255.56%.

About Physicians Realty Trust (Get Rating)

Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare.

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