Physicians Realty Trust (NYSE:DOC) shares reached a new 52-week high during trading on Thursday . The company traded as high as $18.93 and last traded at $18.86, with a volume of 39944 shares trading hands. The stock had previously closed at $18.46.
A number of research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday. ValuEngine raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, February 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Physicians Realty Trust presently has a consensus rating of “Buy” and a consensus price target of $17.70.
The stock has a market capitalization of $3.45 billion, a PE ratio of 17.51 and a beta of 0.62. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.04 and a current ratio of 1.04.
Physicians Realty Trust (NYSE:DOC) last posted its earnings results on Wednesday, February 27th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.01). The business had revenue of $105.31 million for the quarter, compared to analyst estimates of $104.75 million. Physicians Realty Trust had a return on equity of 2.26% and a net margin of 13.31%. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period last year, the company posted $0.27 EPS. As a group, research analysts anticipate that Physicians Realty Trust will post 1.08 earnings per share for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue boosted its holdings in Physicians Realty Trust by 1.8% in the 4th quarter. State of Alaska Department of Revenue now owns 59,579 shares of the real estate investment trust’s stock worth $954,000 after acquiring an additional 1,073 shares during the period. Sfmg LLC boosted its holdings in Physicians Realty Trust by 3.6% in the 3rd quarter. Sfmg LLC now owns 158,350 shares of the real estate investment trust’s stock worth $2,587,000 after acquiring an additional 5,480 shares during the period. D.A. Davidson & CO. purchased a new position in Physicians Realty Trust in the 4th quarter worth approximately $211,000. Eii Capital Management Inc. boosted its holdings in Physicians Realty Trust by 3.7% in the 4th quarter. Eii Capital Management Inc. now owns 33,144 shares of the real estate investment trust’s stock worth $531,000 after acquiring an additional 1,188 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in Physicians Realty Trust in the 3rd quarter worth approximately $5,419,000. 92.35% of the stock is owned by hedge funds and other institutional investors.
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Physicians Realty Trust Company Profile (NYSE:DOC)
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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