Physicians Realty Trust (NYSE:DOC) – Research analysts at SunTrust Banks lowered their FY2017 earnings per share (EPS) estimates for Physicians Realty Trust in a note issued to investors on Thursday. SunTrust Banks analyst E. Fleming now anticipates that the real estate investment trust will post earnings of $1.05 per share for the year, down from their previous forecast of $1.06. SunTrust Banks also issued estimates for Physicians Realty Trust’s Q4 2017 earnings at $0.28 EPS.

Physicians Realty Trust (NYSE:DOC) last posted 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 Thomson Reuters’ 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 firm had revenue of $93.00 million during the quarter, compared to analyst estimates of $90.21 million. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The company’s quarterly revenue was up 32.8% on a year-over-year basis.

DOC has been the topic of several other reports. Cantor Fitzgerald restated a “buy” rating and set a $21.00 target price on shares of Physicians Realty Trust in a report on Wednesday, September 13th. Royal Bank Of Canada restated a “buy” rating and set a $21.00 target price on shares of Physicians Realty Trust in a report on Wednesday, November 15th. Zacks Investment Research upgraded Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 8th. KeyCorp upgraded Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a report on Thursday, October 12th. Finally, Stifel Nicolaus restated a “buy” rating and set a $22.00 target price on shares of Physicians Realty Trust in a report on Wednesday, October 4th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Physicians Realty Trust currently has an average rating of “Buy” and a consensus price target of $20.50.

Shares of Physicians Realty Trust (NYSE:DOC) opened at $17.85 on Monday. 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 twelve month low of $17.25 and a twelve month high of $21.85. The stock has a market capitalization of $3,200.84, a PE ratio of 17.01, a P/E/G ratio of 2.79 and a beta of 0.52.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AXA raised its position in Physicians Realty Trust by 28.1% in the third quarter. AXA now owns 1,041,214 shares of the real estate investment trust’s stock valued at $18,461,000 after purchasing an additional 228,710 shares during the period. Eii Capital Management Inc. purchased a new stake in Physicians Realty Trust in the third quarter valued at approximately $893,000. Afam Capital Inc. raised its position in Physicians Realty Trust by 599.7% in the third quarter. Afam Capital Inc. now owns 112,716 shares of the real estate investment trust’s stock valued at $1,998,000 after purchasing an additional 96,607 shares during the period. Neuberger Berman Group LLC raised its position in Physicians Realty Trust by 3.8% in the third quarter. Neuberger Berman Group LLC now owns 1,999,508 shares of the real estate investment trust’s stock valued at $35,451,000 after purchasing an additional 72,376 shares during the period. Finally, California Public Employees Retirement System raised its position in Physicians Realty Trust by 6.0% in the third quarter. California Public Employees Retirement System now owns 192,308 shares of the real estate investment trust’s stock valued at $3,410,000 after purchasing an additional 10,908 shares during the period. Hedge funds and other institutional investors own 94.90% of the company’s stock.

In related news, insider Jeffrey Theiler bought 5,634 shares of the stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average cost of $17.76 per share, for a total transaction of $100,059.84. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.51% 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.

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

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