Positive Media Coverage Somewhat Unlikely to Impact Physicians Realty Trust (DOC) Share Price
Headlines about Physicians Realty Trust (NYSE:DOC) have been trending positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Physicians Realty Trust earned a news impact score of 0.36 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 45.2060530405954 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts have weighed in on the company. B. Riley restated a “buy” rating on shares of Physicians Realty Trust in a research report on Wednesday, November 1st. Cantor Fitzgerald upped their target price on Physicians Realty Trust from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 7th. Robert W. Baird restated an “outperform” rating and issued a $19.00 target price (down from $21.00) on shares of Physicians Realty Trust in a research report on Friday, January 5th. Raymond James Financial set a $20.00 target price on Physicians Realty Trust and gave the stock a “buy” rating in a research report on Thursday, December 7th. Finally, SunTrust Banks set a $18.00 target price on Physicians Realty Trust and gave the stock a “hold” rating in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $20.05.
Shares of Physicians Realty Trust (DOC) opened at $14.88 on Thursday. Physicians Realty Trust has a 52-week low of $14.76 and a 52-week high of $21.85. The company has a market capitalization of $2,670.00, a price-to-earnings ratio of 64.70, a PEG ratio of 2.34 and a beta of 0.41. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.59 and a current ratio of 1.59.
In related news, Director Tommy G. Thompson acquired 2,705 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was bought at an average price of $18.46 per share, for a total transaction of $49,934.30. Following the transaction, the director now owns 49,339 shares of the company’s stock, valued at $910,797.94. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.51% of the stock is currently owned by corporate insiders.
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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.
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