Shares of Physicians Realty Trust (NYSE:DOC) have been assigned an average rating of “Hold” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $18.15.
DOC has been the topic of a number of recent research reports. Zacks Investment Research downgraded Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Monday, March 4th. ValuEngine raised Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, February 8th. Finally, Morgan Stanley set a $19.00 price target on Physicians Realty Trust and gave the stock a “hold” rating in a research report on Thursday, March 28th.
Several institutional investors and hedge funds have recently bought and sold shares of the company. State of Alaska Department of Revenue boosted its position in Physicians Realty Trust by 1.8% during the fourth quarter. State of Alaska Department of Revenue now owns 59,579 shares of the real estate investment trust’s stock valued at $954,000 after purchasing an additional 1,073 shares in the last quarter. UBS Oconnor LLC boosted its position in Physicians Realty Trust by 502.9% during the fourth quarter. UBS Oconnor LLC now owns 211,000 shares of the real estate investment trust’s stock valued at $3,382,000 after purchasing an additional 176,000 shares in the last quarter. D.A. Davidson & CO. bought a new stake in Physicians Realty Trust during the fourth quarter valued at about $211,000. Eii Capital Management Inc. boosted its position in Physicians Realty Trust by 3.7% during the fourth quarter. Eii Capital Management Inc. now owns 33,144 shares of the real estate investment trust’s stock valued at $531,000 after purchasing an additional 1,188 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in Physicians Realty Trust during the third quarter valued at about $5,419,000. 92.31% of the stock is currently owned by institutional investors and hedge funds.
Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). Physicians Realty Trust had a return on equity of 2.28% and a net margin of 13.34%. The firm had revenue of $105.40 million for the quarter, compared to the consensus estimate of $104.27 million. During the same period in the previous year, the company posted $0.26 EPS. Physicians Realty Trust’s quarterly revenue was up .2% compared to the same quarter last year. As a group, research analysts anticipate that Physicians Realty Trust will post 1.06 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Wednesday, April 3rd were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date was Tuesday, April 2nd. Physicians Realty Trust’s payout ratio is 85.19%.
About Physicians Realty Trust
Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare.
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