Jefferies Group Equities Analysts Raise Earnings Estimates for Physicians Realty Trust (DOC)

Physicians Realty Trust (NYSE:DOC) – Jefferies Group increased their Q4 2018 EPS estimates for shares of Physicians Realty Trust in a research note issued on Wednesday, May 16th. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will earn $0.29 per share for the quarter, up from their prior estimate of $0.28. Jefferies Group also issued estimates for Physicians Realty Trust’s FY2020 earnings at $1.14 EPS.

Other analysts also recently issued research reports about the stock. BMO Capital Markets reissued a “buy” rating and set a $18.00 price objective on shares of Physicians Realty Trust in a report on Tuesday, March 27th. Bank of America decreased their price objective on shares of Physicians Realty Trust from $19.50 to $18.00 and set a “buy” rating on the stock in a report on Thursday, March 8th. Royal Bank of Canada set a $18.00 price objective on shares of Physicians Realty Trust and gave the stock a “buy” rating in a report on Tuesday, March 6th. Robert W. Baird set a $17.00 price objective on shares of Physicians Realty Trust and gave the stock a “buy” rating in a report on Friday, March 2nd. Finally, Stifel Nicolaus set a $18.00 price objective on shares of Physicians Realty Trust and gave the stock a “buy” rating in a report on Thursday, March 1st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $18.04.

DOC stock opened at $14.60 on Thursday. The stock has a market cap of $2.70 billion, a P/E ratio of 14.04, a P/E/G ratio of 3.11 and a beta of 0.46. Physicians Realty Trust has a 52 week low of $14.67 and a 52 week high of $14.95. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.63.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings results on Friday, May 4th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.21). Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.46%. The firm had revenue of $105.20 million for the quarter, compared to analyst estimates of $101.70 million. During the same quarter last year, the firm earned $0.28 earnings per share. The company’s revenue was up 37.2% compared to the same quarter last year.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. US Bancorp DE lifted its holdings in shares of Physicians Realty Trust by 5.6% in the fourth quarter. US Bancorp DE now owns 59,473 shares of the real estate investment trust’s stock valued at $1,070,000 after purchasing an additional 3,149 shares in the last quarter. Virginia Retirement Systems ET AL lifted its holdings in shares of Physicians Realty Trust by 2.6% in the first quarter. Virginia Retirement Systems ET AL now owns 132,900 shares of the real estate investment trust’s stock valued at $2,069,000 after purchasing an additional 3,400 shares in the last quarter. Pinnacle Associates Ltd. lifted its holdings in shares of Physicians Realty Trust by 20.5% in the first quarter. Pinnacle Associates Ltd. now owns 21,180 shares of the real estate investment trust’s stock valued at $330,000 after purchasing an additional 3,600 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Physicians Realty Trust by 6.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 58,036 shares of the real estate investment trust’s stock valued at $1,044,000 after purchasing an additional 3,647 shares in the last quarter. Finally, Blair William & Co. IL lifted its holdings in shares of Physicians Realty Trust by 36.2% in the first quarter. Blair William & Co. IL now owns 15,815 shares of the real estate investment trust’s stock valued at $246,000 after purchasing an additional 4,200 shares in the last quarter. 93.01% of the stock is currently owned by institutional investors.

In other Physicians Realty Trust news, Director Tommy G. Thompson purchased 13,650 shares of Physicians Realty Trust stock in a transaction on Tuesday, March 6th. The shares were bought at an average price of $14.71 per share, with a total value of $200,791.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.51% of the stock is owned by corporate insiders.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 18th. Shareholders of record on Tuesday, April 3rd were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 6.30%. The ex-dividend date was Monday, April 2nd. Physicians Realty Trust’s dividend payout ratio (DPR) is presently 88.46%.

About Physicians Realty Trust

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.

Earnings History and Estimates for Physicians Realty Trust (NYSE:DOC)

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