Physicians Realty Trust (NYSE:DOC) – Stock analysts at Cantor Fitzgerald lifted their FY2017 earnings estimates for Physicians Realty Trust in a note issued to investors on Thursday. Cantor Fitzgerald analyst J. France now expects that the real estate investment trust will post earnings of $1.10 per share for the year, up from their prior forecast of $1.09. Cantor Fitzgerald has a “Buy” rating and a $21.00 price objective on the stock. Cantor Fitzgerald also issued estimates for Physicians Realty Trust’s FY2018 earnings at $1.25 EPS.

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

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A number of other brokerages also recently weighed in on DOC. Zacks Investment Research upgraded Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 12th. BidaskClub upgraded Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Morgan Stanley upgraded Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price target on the stock in a report on Monday, July 24th. KeyCorp reiterated a “hold” rating on shares of Physicians Realty Trust in a report on Tuesday, September 12th. Finally, UBS AG downgraded Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a report on Monday, July 17th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $20.58.

Physicians Realty Trust (NYSE DOC) opened at 18.50 on Monday. The stock has a market capitalization of $2.91 billion, a P/E ratio of 79.06 and a beta of 0.55. 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 price is $18.39 and its 200 day moving average price is $19.44.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in Physicians Realty Trust by 12.8% in the second quarter. Vanguard Group Inc. now owns 26,712,583 shares of the real estate investment trust’s stock valued at $537,992,000 after purchasing an additional 3,033,019 shares in the last quarter. BlackRock Inc. grew its stake in Physicians Realty Trust by 1.9% in the second quarter. BlackRock Inc. now owns 14,519,268 shares of the real estate investment trust’s stock valued at $292,418,000 after purchasing an additional 271,896 shares in the last quarter. Principal Financial Group Inc. grew its stake in Physicians Realty Trust by 1.5% in the first quarter. Principal Financial Group Inc. now owns 8,823,978 shares of the real estate investment trust’s stock valued at $175,220,000 after purchasing an additional 130,962 shares in the last quarter. Lord Abbett & CO. LLC grew its stake in Physicians Realty Trust by 2.1% in the second quarter. Lord Abbett & CO. LLC now owns 3,777,212 shares of the real estate investment trust’s stock valued at $76,073,000 after purchasing an additional 79,439 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Physicians Realty Trust by 48.2% in the second quarter. Northern Trust Corp now owns 3,568,761 shares of the real estate investment trust’s stock valued at $71,875,000 after purchasing an additional 1,160,704 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

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.

Earnings History and Estimates for Physicians Realty Trust (NYSE:DOC)

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