Physicians Realty Trust (NYSE:DOC)‘s stock had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald in a research report issued on Wednesday. They presently have a $21.00 price target on the real estate investment trust’s stock. Cantor Fitzgerald’s price target indicates a potential upside of 13.64% from the stock’s previous close.

A number of other research analysts have also recently issued reports on the company. Royal Bank Of Canada reiterated a “buy” rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research report on Wednesday. KeyCorp reiterated a “hold” rating on shares of Physicians Realty Trust in a research report on Tuesday. Zacks Investment Research upgraded Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday. Jefferies Group LLC upgraded Physicians Realty Trust from an “underperform” rating to a “hold” rating and lifted their target price for the company from $17.00 to $18.00 in a research report on Monday, August 21st. Finally, Morgan Stanley upgraded Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 target price on the stock in a research report on Monday, July 24th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Physicians Realty Trust has a consensus rating of “Buy” and an average price target of $20.58.

Shares of Physicians Realty Trust (NYSE DOC) traded up 0.32% on Wednesday, reaching $18.54. 902,502 shares of the company traded hands. The firm’s 50 day moving average is $18.38 and its 200 day moving average is $19.48. The company has a market capitalization of $2.92 billion, a P/E ratio of 79.23 and a beta of 0.55. Physicians Realty Trust has a one year low of $17.12 and a one year high of $21.95.

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 (EPS) for the quarter, beating the Zacks’ 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 analysts’ expectations of $80.48 million. During the same quarter in the previous year, the business posted $0.22 earnings per share. The business’s revenue for the quarter was up 43.9% on a year-over-year basis. Analysts expect that Physicians Realty Trust will post $0.27 earnings per share for the current fiscal year.

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Several hedge funds have recently made changes to their positions in DOC. BlackRock Inc. boosted its stake in shares of Physicians Realty Trust by 7,013.7% during the first quarter. BlackRock Inc. now owns 14,247,372 shares of the real estate investment trust’s stock valued at $283,095,000 after purchasing an additional 14,047,091 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Physicians Realty Trust by 12.8% during 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. Cbre Clarion Securities LLC acquired a new stake in shares of Physicians Realty Trust during the second quarter valued at about $46,701,000. Janus Henderson Group PLC boosted its stake in shares of Physicians Realty Trust by 407.5% during the second quarter. Janus Henderson Group PLC now owns 2,793,368 shares of the real estate investment trust’s stock valued at $56,244,000 after purchasing an additional 2,242,984 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of Physicians Realty Trust by 6,963.5% during the second quarter. Neuberger Berman Group LLC now owns 1,927,132 shares of the real estate investment trust’s stock valued at $38,812,000 after purchasing an additional 1,899,849 shares in the last quarter. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

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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