Royal Bank Of Canada reaffirmed their buy rating on shares of Physicians Realty Trust (NYSE:DOC) in a research note issued to investors on Wednesday morning. They currently have a $21.00 target price on the real estate investment trust’s stock.

DOC has been the topic of several other research reports. Zacks Investment Research raised shares of Physicians Realty Trust from a strong sell rating to a hold rating in a research note on Tuesday, August 8th. UBS AG downgraded shares of Physicians Realty Trust from a strong-buy rating to an outperform rating in a research report on Monday, July 17th. BidaskClub raised shares of Physicians Realty Trust from a hold rating to a buy rating in a research report on Friday, June 23rd. FBR & Co reissued an outperform rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research report on Tuesday, July 11th. Finally, Raymond James Financial, Inc. downgraded shares of Physicians Realty Trust from a strong-buy rating to an outperform rating and set a $21.00 target price for the company. in a research report on Monday, July 17th. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company has an average rating of Buy and a consensus target price of $20.58.

Physicians Realty Trust (DOC) opened at 18.74 on Wednesday. Physicians Realty Trust has a 52 week low of $17.12 and a 52 week high of $21.95. The company’s 50 day moving average is $18.39 and its 200-day moving average is $19.46. The firm has a market cap of $2.95 billion, a P/E ratio of 80.09 and a beta of 0.55.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.01. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. The firm had revenue of $76.60 million for the quarter, compared to the consensus estimate of $80.48 million. During the same quarter in the previous year, the firm posted $0.22 EPS. The firm’s quarterly revenue was up 43.9% on a year-over-year basis. Equities analysts expect that Physicians Realty Trust will post $0.27 earnings per share for the current year.

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A number of institutional investors have recently bought and sold shares of DOC. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Physicians Realty Trust by 5.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,098 shares of the real estate investment trust’s stock valued at $161,000 after purchasing an additional 425 shares during the period. Chicago Partners Investment Group LLC boosted its stake in Physicians Realty Trust by 603.8% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 9,086 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 7,795 shares during the period. Pinnacle Associates Ltd. acquired a new position in Physicians Realty Trust during the 2nd quarter valued at about $205,000. Quantbot Technologies LP boosted its stake in Physicians Realty Trust by 69.8% during the 1st quarter. Quantbot Technologies LP now owns 11,729 shares of the real estate investment trust’s stock valued at $233,000 after purchasing an additional 4,821 shares during the period. Finally, Profund Advisors LLC boosted its stake in Physicians Realty Trust by 6.8% during the 2nd quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock valued at $233,000 after purchasing an additional 733 shares during the period. 94.27% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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