Physicians Realty Trust (NYSE:DOC) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released 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 firms also recently issued reports on DOC. BidaskClub raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Jefferies Group LLC reaffirmed a “hold” rating and set a $21.00 price objective on shares of Physicians Realty Trust in a report on Wednesday, June 14th. BTIG Research increased their price objective on shares of Physicians Realty Trust from $20.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, April 11th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $23.00 price objective on shares of Physicians Realty Trust in a report on Friday, June 30th. Finally, Morgan Stanley raised shares of Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price objective on the stock in a report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the company’s stock. Physicians Realty Trust has a consensus rating of “Buy” and an average price target of $20.85.

Shares of Physicians Realty Trust (NYSE:DOC) traded down 1.31% during mid-day trading on Tuesday, reaching $18.03. 1,631,673 shares of the company’s stock were exchanged. Physicians Realty Trust has a 1-year low of $17.12 and a 1-year high of $22.03. The stock has a market capitalization of $2.76 billion, a PE ratio of 81.58 and a beta of 0.55. The company’s 50 day moving average is $19.49 and its 200 day moving average is $19.59.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The business had revenue of $76.60 million for the quarter, compared to the consensus estimate of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.82%. The company’s revenue was up 43.9% compared to the same quarter last year. During the same period last year, the firm posted $0.22 earnings per share. Equities research analysts anticipate that Physicians Realty Trust will post $0.22 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the company. Cim Investment Mangement Inc. purchased a new stake in Physicians Realty Trust during the second quarter valued at about $280,000. Keybank National Association OH purchased a new stake in Physicians Realty Trust during the second quarter valued at about $2,820,000. IndexIQ Advisors LLC boosted its stake in Physicians Realty Trust by 26.2% in the second quarter. IndexIQ Advisors LLC now owns 184,559 shares of the real estate investment trust’s stock valued at $3,717,000 after buying an additional 38,328 shares during the last quarter. OMERS ADMINISTRATION Corp purchased a new stake in Physicians Realty Trust during the second quarter valued at about $526,000. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Physicians Realty Trust by 1.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 50,408 shares of the real estate investment trust’s stock valued at $1,015,000 after buying an additional 939 shares during the last quarter. Hedge funds and other institutional investors own 80.20% of the company’s stock.

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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