Jefferies Group Comments on Physicians Realty Trust’s Q2 2017 Earnings (NYSE:DOC)

Physicians Realty Trust (NYSE:DOC) – Research analysts at Jefferies Group issued their Q2 2017 earnings per share (EPS) estimates for Physicians Realty Trust in a report issued on Friday. Jefferies Group analyst O. Okusanya anticipates that the real estate investment trust will post earnings of $0.21 per share for the quarter. Jefferies Group has a “Underperform” rating and a $17.00 price objective on the stock. Jefferies Group also issued estimates for Physicians Realty Trust’s Q3 2017 earnings at $0.26 EPS, Q4 2017 earnings at $0.25 EPS, Q1 2018 earnings at $0.26 EPS, Q2 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.27 EPS, Q4 2018 earnings at $0.25 EPS and FY2018 earnings at $1.03 EPS.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings data on Wednesday, May 3rd. The real estate investment trust reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.02. Physicians Realty Trust had a return on equity of 1.68% and a net margin of 11.42%. The business had revenue of $76.70 million for the quarter, compared to analyst estimates of $77.57 million. During the same quarter in the previous year, the company posted $0.22 EPS. The business’s quarterly revenue was up 73.9% on a year-over-year basis.

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Several other equities analysts have also commented on the company. BTIG Research raised their price objective on Physicians Realty Trust from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, April 11th. FBR & Co initiated coverage on Physicians Realty Trust in a research report on Monday, April 3rd. They set an “outperform” rating and a $23.00 price objective for the company. Cantor Fitzgerald reissued a “buy” rating and set a $23.00 price objective on shares of Physicians Realty Trust in a research report on Friday, June 30th. BidaskClub raised Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Finally, Zacks Investment Research lowered Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Physicians Realty Trust has a consensus rating of “Buy” and an average price target of $21.23.

Physicians Realty Trust (NYSE DOC) opened at 18.30 on Monday. Physicians Realty Trust has a 12-month low of $17.12 and a 12-month high of $22.03. The firm’s 50-day moving average is $20.72 and its 200 day moving average is $19.59. The firm has a market cap of $2.81 billion, a P/E ratio of 82.81 and a beta of 0.58.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 18th. Stockholders of record on Monday, July 3rd will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 5.03%. The ex-dividend date of this dividend is Thursday, June 29th. This is a positive change from Physicians Realty Trust’s previous quarterly dividend of $0.23. Physicians Realty Trust’s payout ratio is currently 418.20%.

Several institutional investors have recently bought and sold shares of DOC. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Physicians Realty Trust by 5.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,098 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 425 shares in the last quarter. Quantbot Technologies LP raised its position in Physicians Realty Trust by 69.8% in the first quarter. Quantbot Technologies LP now owns 11,729 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 4,821 shares in the last quarter. Teacher Retirement System of Texas raised its position in Physicians Realty Trust by 7.0% in the first quarter. Teacher Retirement System of Texas now owns 11,794 shares of the real estate investment trust’s stock valued at $234,000 after buying an additional 776 shares in the last quarter. Ameritas Investment Partners Inc. raised its position in Physicians Realty Trust by 11.3% in the first quarter. Ameritas Investment Partners Inc. now owns 12,989 shares of the real estate investment trust’s stock valued at $258,000 after buying an additional 1,315 shares in the last quarter. Finally, LaSalle Street Capital Management LLC raised its position in Physicians Realty Trust by 47.0% in the first quarter. LaSalle Street Capital Management LLC now owns 16,024 shares of the real estate investment trust’s stock valued at $318,000 after buying an additional 5,127 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

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.

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

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