Physicians Realty Trust (NYSE:DOC) Given Consensus Recommendation of “Hold” by Analysts

Physicians Realty Trust (NYSE:DOCGet Free Report) has been given an average rating of “Hold” by the nine research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $16.55.

A number of equities research analysts have recently weighed in on the company. Compass Point dropped their target price on Physicians Realty Trust from $21.00 to $19.00 and set a “buy” rating for the company in a report on Monday, March 27th. StockNews.com began coverage on shares of Physicians Realty Trust in a report on Thursday, May 18th. They issued a “sell” rating for the company. JMP Securities started coverage on shares of Physicians Realty Trust in a report on Friday, May 26th. They set an “outperform” rating and a $15.50 target price on the stock. Wells Fargo & Company initiated coverage on Physicians Realty Trust in a research note on Wednesday, April 19th. They issued an “underweight” rating and a $14.00 price target for the company. Finally, Barclays lowered their price objective on Physicians Realty Trust from $18.00 to $17.00 in a research note on Friday, May 5th.

Physicians Realty Trust Stock Performance

NYSE:DOC opened at $14.35 on Thursday. The stock has a 50 day simple moving average of $14.07 and a 200 day simple moving average of $14.61. The stock has a market cap of $3.42 billion, a P/E ratio of 32.61, a PEG ratio of 12.21 and a beta of 0.83. Physicians Realty Trust has a 1-year low of $13.27 and a 1-year high of $18.30. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.58.

Physicians Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 18th. Stockholders of record on Wednesday, July 5th will be paid a $0.23 dividend. The ex-dividend date is Monday, July 3rd. This represents a $0.92 annualized dividend and a dividend yield of 6.41%. Physicians Realty Trust’s payout ratio is 209.09%.

Institutional Trading of Physicians Realty Trust

Several large investors have recently bought and sold shares of the business. Ronald Blue Trust Inc. lifted its holdings in shares of Physicians Realty Trust by 79.0% in the fourth quarter. Ronald Blue Trust Inc. now owns 1,813 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 800 shares during the last quarter. Sunbelt Securities Inc. bought a new position in Physicians Realty Trust in the 1st quarter valued at approximately $27,000. Janiczek Wealth Management LLC lifted its stake in Physicians Realty Trust by 279.4% in the 2nd quarter. Janiczek Wealth Management LLC now owns 2,360 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 1,738 shares during the last quarter. Benjamin Edwards Inc. boosted its position in Physicians Realty Trust by 144.0% in the first quarter. Benjamin Edwards Inc. now owns 2,623 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 1,548 shares in the last quarter. Finally, Carderock Capital Management Inc. bought a new stake in shares of Physicians Realty Trust during the first quarter worth $51,000. 94.67% of the stock is owned by institutional investors and hedge funds.

About Physicians Realty Trust

(Get Free Report

Physicians Realty Trust is a self-managed health care real estate company organized to acquire, selectively develop, own, and manage health care properties that are leased to physicians, hospitals and health care delivery systems. The Company invests in real estate that is integral to providing high quality health care.

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Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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