Physicians Realty Trust (DOC) - Cantor Fitzgerald Raises Target

Marco Green
November 15, 2017

Cantor Fitzgerald raised the price target of the stock on November 7 changing the forecast from $20.00 to $21.00 with a rating of "Overweight". Physicians Realty Trust's stock price now sits at $18.18.

HR has been the topic of several other reports.

Shares of Universal Health Realty Income Trust (NYSE UHT) opened at $74.54 on Tuesday. KeyBanc Capital Markets maintained it with "Sell" rating and $25.0 target in Thursday, August 24 report.

November 5 investment analysts at Mizuho maintained a stock rating of "Hold" with a current price target of $34.00. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Healthcare Realty Trust by 5.8% in the second quarter. The stock of Healthcare Realty Trust Inc (NYSE:HR) earned "Hold" rating by Jefferies on Thursday, August 10. November 3 investment analysts at Stifel Nicolaus made no change to the company rating of "Buy" projecting a price of $34.00. Healthcare Realty Trust now has an average rating of "Hold" and a consensus target price of $33.29.

The company is so far trading unchanged by 0.00% since yesterday's close of 32.97. Aberdeen Asset Public Ltd Company Uk owns 1.11M shares. Physicians Realty Trust has a 52 week low of $17.25 and a 52 week high of $21.85. The company has a market cap of $1,034.08, a PE ratio of 23.98 and a beta of 0.35. The value of the company's investment in Healthcare Realty Trust Inc decreased from $55,882,000 to $54,397,000 decreasing 2.7% since the last quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,927 shares of the real estate investment trust's stock valued at $207,000 after buying an additional 325 shares during the last quarter. The firm had revenue of $106.95 million during the quarter, compared to analysts' expectations of $108.97 million. Physicians Realty Trust had a return on equity of 1.70% and a net margin of 11.39%. Over the last week of the month, it was 3.24%, 0.44% over the last quarter, and -8.60% for the past six months. During the same period in the prior year, the company earned $0.39 EPS. sell-side analysts expect that Healthcare Realty Trust will post 1.57 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This story was originally published by TrueBlueTribune and is the property of of TrueBlueTribune. If you are reading this story on another publication, it was stolen and republished in violation of USA and worldwide copyright & trademark laws. On November 3 Stifel Nicolaus maintained a company rating of "Buy" targeting a price of $34.00.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. This represents a $1.20 annualized dividend and a dividend yield of 3.94%. Stockholders of record on Wednesday, November 16th were given a $0.30 dividend. Physicians Realty Trust's dividend payout ratio (DPR) is presently 400.02%. State Board Of Administration Of Florida Retirement owns 84,567 shares. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Moreover, Dimensional Fund Advsr L P has 0.03% invested in Healthcare Realty Trust Inc (NYSE:HR) for 1.64M shares. Lazard Asset Management LLC now holds 531,448 shares worth $17,187,000. Glenmede Trust Co. NA boosted its stake in shares of Healthcare Realty Trust by 9.4% in the second quarter. Wells Fargo & Company MN now owns 135,974 shares of the real estate investment trust's stock worth $4,398,000 after acquiring an additional 32,857 shares in the last quarter. Menta Capital LLC acquired a new position in Physicians Realty Trust in the 2nd quarter valued at approximately $642,000. Capstone Asset Management Co. now owns 9,796 shares of the real estate investment trust's stock valued at $334,000 after buying an additional 300 shares during the last quarter.

Universal Health Realty Income Trust is a real estate investment trust (REIT). 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.

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