Physicians Realty Trust (NYSE:DOC) Director Tommy G. Thompson bought 13,650 shares of the stock in a transaction that occurred on Tuesday, March 6th. The stock was acquired at an average price of $14.71 per share, for a total transaction of $200,791.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Physicians Realty Trust (NYSE:DOC) traded down $0.02 during mid-day trading on Wednesday, hitting $15.10. The stock had a trading volume of 1,332,272 shares, compared to its average volume of 1,710,000. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.58. The firm has a market cap of $2,740.00, a PE ratio of 65.65, a PEG ratio of 2.98 and a beta of 0.53. Physicians Realty Trust has a one year low of $14.13 and a one year high of $21.85.
Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Wednesday, February 28th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.27. The business had revenue of $97.30 million for 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% on a year-over-year basis. During the same period in the previous year, the firm posted $0.27 EPS. sell-side analysts predict that Physicians Realty Trust will post 1.13 EPS for the current year.
DOC has been the topic of several analyst reports. Royal Bank of Canada restated a “buy” rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research report on Wednesday, November 15th. Raymond James Financial set a $20.00 target price on Physicians Realty Trust and gave the company a “buy” rating in a research report on Thursday, December 7th. Robert W. Baird restated an “outperform” rating and issued a $19.00 target price (down from $21.00) on shares of Physicians Realty Trust in a research report on Friday, January 5th. SunTrust Banks set a $18.00 price target on Physicians Realty Trust and gave the company a “hold” rating in a research report on Monday, January 22nd. Finally, Zacks Investment Research cut Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. Physicians Realty Trust has an average rating of “Buy” and a consensus target price of $18.64.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC grew its holdings 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 worth $113,000 after acquiring an additional 4,900 shares during the last quarter. Cypress Wealth Services LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter worth $180,000. Greenwood Capital Associates LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter worth $194,000. Zeke Capital Advisors LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter worth $209,000. Finally, Xact Kapitalforvaltning AB acquired a new position in shares of Physicians Realty Trust in the 4th quarter worth $262,000. Institutional investors and hedge funds own 94.06% of the company’s stock.
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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.
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