Zacks Investment Research downgraded shares of Physicians Realty Trust (NYSE:DOC) from a hold rating to a sell rating in a report issued on Wednesday.

According to Zacks, “Physicians Realty Trust is a REIT. It is a self-managed healthcare real estate company engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company’s principal investments will include medical office buildings, outpatient treatment facilities, acute and post-acute care hospitals, as well as other real estate integral to healthcare providers. Physicians Realty Trust is based in Milwaukee, Wisconsin. “

DOC has been the subject of a number of other research reports. UBS AG downgraded Physicians Realty Trust from a strong-buy rating to an outperform rating in a report on Monday, July 17th. BidaskClub raised Physicians Realty Trust from a hold rating to a buy rating in a research note on Friday, June 23rd. Raymond James Financial, Inc. cut Physicians Realty Trust from a strong-buy rating to an outperform rating and set a $21.00 target price on the stock. in a research note on Monday, July 17th. FBR & Co reissued an outperform rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research note on Tuesday, July 11th. Finally, Jefferies Group LLC reissued a hold rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research note on Wednesday, June 14th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of $20.50.

Shares of Physicians Realty Trust (NYSE DOC) opened at 18.67 on Wednesday. Physicians Realty Trust has a 52-week low of $17.12 and a 52-week high of $22.03. The company has a 50-day moving average of $18.36 and a 200 day moving average of $19.51. The firm has a market cap of $2.94 billion, a P/E ratio of 79.79 and a beta of 0.55.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $76.60 million during the quarter, compared to the consensus estimate of $80.48 million. Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.51%. The firm’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 earnings per share. On average, equities analysts expect that Physicians Realty Trust will post $0.27 earnings per share for the current year.

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Several large investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Physicians Realty Trust by 5.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,098 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 425 shares during the period. Chicago Partners Investment Group LLC boosted its stake in Physicians Realty Trust by 603.8% in the second quarter. Chicago Partners Investment Group LLC now owns 9,086 shares of the real estate investment trust’s stock valued at $177,000 after buying an additional 7,795 shares during the period. Pinnacle Associates Ltd. acquired a new stake in Physicians Realty Trust during the second quarter valued at approximately $205,000. Quantbot Technologies LP boosted its stake in Physicians Realty Trust by 69.8% in the first quarter. Quantbot Technologies LP now owns 11,729 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 4,821 shares during the period. Finally, Profund Advisors LLC boosted its stake 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 valued at $233,000 after buying an additional 733 shares during the period. 94.27% of the stock is currently owned by institutional investors.

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.

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Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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