Price Action Report: What’s Ahead for Physicians Realty Trust After Today’s Huge Decline?

Price Action Report: What's Ahead for Physicians Realty Trust After Today's Huge Decline?

The stock of Physicians Realty Trust (NYSE:DOC) is a huge mover today! The stock decreased 3.54% or $0.72 on October 5, hitting $19.62. Physicians Realty Trust (NYSE:DOC) has risen 15.31% since March 2, 2016 and is uptrending. It has outperformed by 7.05% the S&P500.
The move comes after 5 months negative chart setup for the $2.64B company. It was reported on Oct, 5 by Barchart.com. We have $17.85 PT which if reached, will make NYSE:DOC worth $237.60 million less.

Analysts await Physicians Realty Trust (NYSE:DOC) to report earnings on November, 4. They expect $0.28 earnings per share, up 7.69% or $0.02 from last year’s $0.26 per share. DOC’s profit will be $37.68 million for 17.52 P/E if the $0.28 EPS becomes a reality. After $0.22 actual earnings per share reported by Physicians Realty Trust for the previous quarter, Wall Street now forecasts 27.27% EPS growth.

Physicians Realty Trust (NYSE:DOC) Ratings Coverage

Out of 10 analysts covering Physicians Realty Trust (NYSE:DOC), 7 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 70% are positive. Physicians Realty Trust has been the topic of 15 analyst reports since August 10, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained Physicians Realty Trust (NYSE:DOC) rating on Thursday, December 31. Stifel Nicolaus has “Buy” rating and $19 price target. The stock has “Overweight” rating given by KeyBanc Capital Markets on Thursday, December 17. The rating was maintained by SunTrust with “Neutral” on Thursday, August 4. The stock of Physicians Realty Trust (NYSE:DOC) has “Buy” rating given on Friday, May 6 by Stifel Nicolaus. Canaccord Genuity maintained Physicians Realty Trust (NYSE:DOC) rating on Tuesday, August 11. Canaccord Genuity has “Buy” rating and $18 price target. The firm earned “Mkt Perform” rating on Friday, September 2 by Raymond James. The firm has “Buy” rating given on Thursday, August 25 by BTIG Research. As per Thursday, October 8, the company rating was initiated by FBR Capital. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, December 8. On Monday, March 21 the stock rating was initiated by SunTrust with “Neutral”.

According to Zacks Investment Research, “Physicians Realty Trust is a REIT. It is a self-managed healthcare real estate company engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company’s principal investments will include medical office buildings, outpatient treatment facilities, acute and post-acute care hospitals, as well as other real estate integral to healthcare providers. Physicians Realty Trust is based in Milwaukee, Wisconsin.”

Insitutional Activity: The institutional sentiment increased to 2.86 in Q2 2016. Its up 0.54, from 2.32 in 2016Q1. The ratio increased, as 9 funds sold all Physicians Realty Trust shares owned while 42 reduced positions. 49 funds bought stakes while 97 increased positions. They now own 124.93 million shares or 23.40% more from 101.24 million shares in 2016Q1.
Thompson Siegel & Walmsley Limited Liability reported 1,800 shares or 0% of all its holdings. Nuveen Asset Management Llc has 2.12 million shares for 0.27% of their US portfolio. State Street accumulated 0.01% or 2.43 million shares. Blackrock Fund Advisors reported 3.48 million shares or 0.02% of all its holdings. 1St Global Advsr Incorporated holds 0.05% of its portfolio in Physicians Realty Trust (NYSE:DOC) for 18,551 shares. Franklin Res Inc last reported 0.01% of its portfolio in the stock. Cornerstone Real Advisers Limited Liability Company owns 296,608 shares or 2.06% of their US portfolio. Benjamin F Edwards & holds 1,700 shares or 0.01% of its portfolio. Moreover, Amp Capital has 0% invested in Physicians Realty Trust (NYSE:DOC) for 22,786 shares. Brant Point Inv Mgmt Ltd Liability Co has 0.24% invested in the company for 121,100 shares. Creative Planning has 0% invested in the company for 5,342 shares. Citadel Advsr Ltd Co has 0% invested in the company for 133,357 shares. Delta Asset Management Lc Tn has invested 0.03% of its portfolio in Physicians Realty Trust (NYSE:DOC). The Michigan-based Telemus Ltd Llc has invested 0.1% in Physicians Realty Trust (NYSE:DOC). City owns 400 shares or 0% of their US portfolio.

More notable recent Physicians Realty Trust (NYSE:DOC) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Kite Realty Group Trust, Physicians Realty Trust and …” on September 30, 2016, also Fool.com with their article: “Physicians Realty Trust: A High-Dividend Stock With Tremendous Upside Potential” published on December 04, 2015, Thestreet.com published: “Physicians Realty Trust (DOC) Stock Downgraded at Raymond James” on September 02, 2016. More interesting news about Physicians Realty Trust (NYSE:DOC) were released by: Businesswire.com and their article: “Physicians Realty Trust Announces $725 Million Pending Transaction with …” published on April 05, 2016 as well as Businesswire.com‘s news article titled: “Physicians Realty Trust Declares Quarterly Cash Dividend and Announces Date …” with publication date: September 26, 2016.

DOC Company Profile

Physicians Realty Trust, incorporated on April 9, 2013, is a healthcare real estate company. The Firm is engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company’s portfolio includes approximately 150 properties located in approximately 30 states with approximately 5,799,340 net leasable square feet.

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