Physicians Realty Trust (NYSE:DOC) – Equities researchers at Capital One Financial lifted their Q3 2018 EPS estimates for shares of Physicians Realty Trust in a research note issued on Thursday, Zacks Investment Research reports. Capital One Financial analyst D. Bernstein now forecasts that the real estate investment trust will earn $0.29 per share for the quarter, up from their prior forecast of $0.28.
Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings data on Wednesday, February 28th. The real estate investment trust reported $0.27 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.27. The firm had revenue of $97.30 million during the quarter, compared to analysts’ expectations of $98.56 million. Physicians Realty Trust had a return on equity of 1.63% and a net margin of 11.04%. The company’s quarterly revenue was up 32.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 EPS.
Several other brokerages have also recently weighed in on DOC. Zacks Investment Research cut Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, January 30th. Raymond James Financial set a $20.00 price objective on Physicians Realty Trust and gave the stock a “buy” rating in a report on Thursday, December 7th. Robert W. Baird set a $17.00 price objective on Physicians Realty Trust and gave the stock a “buy” rating in a report on Friday, March 2nd. Royal Bank of Canada reissued a “buy” rating and set a $21.00 price objective on shares of Physicians Realty Trust in a report on Wednesday, November 15th. Finally, B. Riley set a $17.50 price objective on Physicians Realty Trust and gave the stock a “buy” rating in a report on Thursday, March 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. Physicians Realty Trust currently has an average rating of “Buy” and a consensus price target of $18.64.
Shares of Physicians Realty Trust (DOC) remained flat at $$15.10 during trading hours on Monday. The stock had a trading volume of 1,340,000 shares, compared to its average volume of 1,710,000. The stock has a market capitalization of $2,740.00, a P/E ratio of 65.65, a PEG ratio of 2.98 and a beta of 0.53. Physicians Realty Trust has a 1 year low of $14.13 and a 1 year high of $21.85. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.58.
In related news, Director Tommy G. Thompson bought 2,705 shares of the firm’s stock in a transaction dated Thursday, December 14th. The stock was bought at an average cost of $18.46 per share, for a total transaction of $49,934.30. Following the transaction, the director now owns 49,339 shares of the company’s stock, valued at $910,797.94. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.51% of the stock is currently owned by insiders.
Several institutional investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC grew its position in shares of Physicians Realty Trust by 355.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,280 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 4,900 shares during the period. Cypress Wealth Services LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter valued at approximately $180,000. Greenwood Capital Associates LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter valued at approximately $194,000. Zeke Capital Advisors LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter valued at approximately $209,000. Finally, Xact Kapitalforvaltning AB acquired a new position in shares of Physicians Realty Trust in the 4th quarter valued at approximately $262,000. Institutional investors own 94.06% 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Physicians Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Physicians Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.