Physicians Realty Trust (NYSE:DOC) Rating Increased to Hold at StockNews.com

Physicians Realty Trust (NYSE:DOCGet Free Report) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

A number of other equities research analysts have also commented on DOC. KeyCorp restated a “sector weight” rating on shares of Physicians Realty Trust in a research report on Friday, January 5th. Compass Point reduced their price objective on Physicians Realty Trust from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday, January 2nd. Royal Bank of Canada started coverage on Physicians Realty Trust in a report on Friday, March 8th. They set an “outperform” rating and a $21.00 price objective on the stock. Truist Financial reduced their price objective on Physicians Realty Trust from $15.00 to $14.00 and set a “hold” rating on the stock in a report on Friday, December 22nd. Finally, Wells Fargo & Company started coverage on Physicians Realty Trust in a report on Monday. They set an “equal weight” rating and a $19.00 price objective on the stock. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Physicians Realty Trust presently has an average rating of “Hold” and a consensus target price of $16.44.

Get Our Latest Analysis on DOC

Physicians Realty Trust Stock Up 2.4 %

NYSE DOC opened at $18.75 on Wednesday. The firm has a market cap of $13.30 billion, a PE ratio of 33.48, a price-to-earnings-growth ratio of 4.11 and a beta of 1.01. Physicians Realty Trust has a one year low of $15.24 and a one year high of $22.38. The stock’s 50 day simple moving average is $14.03 and its 200 day simple moving average is $12.85. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.67 and a quick ratio of 0.67.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Orion Portfolio Solutions LLC lifted its stake in shares of Physicians Realty Trust by 31.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 386,844 shares of the real estate investment trust’s stock valued at $4,716,000 after purchasing an additional 92,966 shares during the period. GSA Capital Partners LLP acquired a new stake in Physicians Realty Trust during the 3rd quarter worth $741,000. American Century Companies Inc. raised its stake in Physicians Realty Trust by 2.0% during the 3rd quarter. American Century Companies Inc. now owns 3,364,875 shares of the real estate investment trust’s stock worth $41,018,000 after buying an additional 65,814 shares during the period. Employees Retirement System of Texas raised its stake in Physicians Realty Trust by 39.5% during the 3rd quarter. Employees Retirement System of Texas now owns 212,000 shares of the real estate investment trust’s stock worth $2,584,000 after buying an additional 60,000 shares during the period. Finally, Hsbc Holdings PLC raised its stake in Physicians Realty Trust by 9.3% during the 2nd quarter. Hsbc Holdings PLC now owns 135,606 shares of the real estate investment trust’s stock worth $1,897,000 after buying an additional 11,533 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Physicians Realty Trust Company Profile

(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.

See Also

Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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