Physicians Realty Trust (NYSE:DOC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

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. “

Several other research analysts have also recently commented on DOC. Stifel Nicolaus reaffirmed a “buy” rating and set a $22.00 target price on shares of Physicians Realty Trust in a report on Wednesday, October 4th. KeyCorp raised shares of Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a report on Thursday, October 12th. Cantor Fitzgerald raised their target price on shares of Physicians Realty Trust from $20.00 to $21.00 and gave the stock an “overweight” rating in a report on Tuesday, November 7th. B. Riley reaffirmed a “buy” rating on shares of Physicians Realty Trust in a report on Wednesday, November 1st. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $21.00 target price on shares of Physicians Realty Trust in a report on Wednesday, November 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $20.05.

Physicians Realty Trust (NYSE DOC) opened at $16.30 on Tuesday. Physicians Realty Trust has a fifty-two week low of $15.94 and a fifty-two week high of $21.85. The company has a market cap of $2,860.00, a P/E ratio of 70.87, a PEG ratio of 2.48 and a beta of 0.54. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.46.

Physicians Realty Trust (NYSE:DOC) last announced its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 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 business had revenue of $93.00 million for the quarter, compared to the consensus estimate of $90.21 million. During the same period in the prior year, the business posted $0.27 earnings per share. The firm’s revenue for the quarter was up 32.8% compared to the same quarter last year. research analysts predict that Physicians Realty Trust will post 1.05 EPS for the current fiscal year.

In other news, insider Jeffrey Theiler purchased 5,634 shares of Physicians Realty Trust stock in a transaction that occurred on Wednesday, November 8th. The shares were acquired at an average price of $17.76 per share, for a total transaction of $100,059.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Tommy G. Thompson purchased 2,705 shares of Physicians Realty Trust stock in a transaction that occurred on Thursday, December 14th. The shares were purchased at an average price of $18.46 per share, for a total transaction of $49,934.30. Following the transaction, the director now directly owns 49,339 shares in the company, valued at approximately $910,797.94. The disclosure for this purchase can be found here. Company insiders own 0.51% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC boosted its position in shares of Physicians Realty Trust by 355.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 6,280 shares of the real estate investment trust’s stock worth $113,000 after acquiring an additional 4,900 shares in the last quarter. Profund Advisors LLC boosted its position in shares of 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 worth $233,000 after acquiring an additional 733 shares in the last quarter. Veritable L.P. acquired a new stake in shares of Physicians Realty Trust during the 2nd quarter worth approximately $266,000. Ameritas Investment Partners Inc. boosted its position in shares of Physicians Realty Trust by 4.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,543 shares of the real estate investment trust’s stock worth $273,000 after acquiring an additional 554 shares in the last quarter. Finally, Optimum Investment Advisors boosted its position in shares of Physicians Realty Trust by 0.4% during the 2nd quarter. Optimum Investment Advisors now owns 15,191 shares of the real estate investment trust’s stock worth $306,000 after acquiring an additional 68 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

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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.

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Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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