Physicians Realty Trust [DOC] Stock trading around $16.57 per share: What’s Next?

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Physicians Realty Trust [NYSE: DOC] price plunged by -0.48 percent to reach at -$0.08. The company report on June 17, 2022 that Physicians Realty Trust Declares Quarterly Cash Dividend and Announces Date for the Second Quarter 2022 Earnings Release and Conference Call.


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Physicians Realty Trust (NYSE:DOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending June 30, 2022. “We are proud to declare and pay our 36th consecutive quarterly dividend. Cash flows from medical office buildings remain stable during inflationary times and economic slowdowns. Our health care provider partners and tenants are busier than ever and financially strong. We are also seeing stronger opportunities to retain our tenants as construction costs are rising faster than existing market rental rates, enhancing our lease renewal rates and retention. We are looking forward to sharing more about our second quarter 2022 results in our earnings release and related conference call, scheduled for August 4, 2022,” said John T. Thomas, the Company’s President and Chief Executive Officer.

The dividend will be payable on July 19, 2022, to common shareholders and unit holders of record on July 5, 2022.

A sum of 4064313 shares traded at recent session while its average daily volume was at 2.67M shares. Physicians Realty Trust shares reached a high of $16.63 and dropped to a low of $16.325 until finishing in the latest session at $16.57.

The one-year DOC stock forecast points to a potential upside of 13.11. The average equity rating for DOC stock is currently 2.40, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Physicians Realty Trust [DOC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DOC shares is $19.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DOC stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

CapitalOne have made an estimate for Physicians Realty Trust shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on June 03, 2022. The new note on the price target was released on May 19, 2022, representing the official price target for Physicians Realty Trust stock. Previously, the target price had yet another raise to $20, while Barclays analysts kept a Overweight rating on DOC stock.

The Average True Range (ATR) for Physicians Realty Trust is set at 0.38, with the Price to Sales ratio for DOC stock in the period of the last 12 months amounting to 7.75. The Price to Book ratio for the last quarter was 1.33, with the Price to Cash per share for the same quarter was set at 0.01. Price to Free Cash Flow for DOC in the course of the last twelve months was 134.31.

DOC Stock Performance Analysis:

Physicians Realty Trust [DOC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.12. With this latest performance, DOC shares dropped by -1.37% in over the last four-week period, additionally sinking by -9.21% over the last 6 months – not to mention a drop of -12.10% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DOC stock in for the last two-week period is set at 39.08, with the RSI for the last a single of trading hit 37.04, and the three-weeks RSI is set at 41.19 for Physicians Realty Trust [DOC]. The present Moving Average for the last 50 days of trading for this stock 17.45, while it was recorded at 16.71 for the last single week of trading, and 17.81 for the last 200 days.

Insight into Physicians Realty Trust Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Physicians Realty Trust [DOC] shares currently have an operating margin of +27.24 and a Gross Margin at +35.49. Physicians Realty Trust’s Net Margin is presently recorded at +18.35.

Return on Equity for this stock inclined to 3.07, with Return on Assets sitting at 1.75.

DOC Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DOC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Physicians Realty Trust go to 9.70%.

Physicians Realty Trust [DOC] Insider Position Details

There are presently around $3,389 million, or 93.50% of DOC stock, in the hands of institutional investors. The top three institutional holders of DOC stocks are: VANGUARD GROUP INC with ownership of 33,204,777, which is approximately 2.856% of the company’s market cap and around 0.90% of the total institutional ownership; BLACKROCK INC., holding 31,882,333 shares of the stock with an approximate value of $530.84 million in DOC stocks shares; and ALLIANCEBERNSTEIN L.P., currently with $189.06 million in DOC stock with ownership of nearly -9.986% of the company’s market capitalization.

Positions in Physicians Realty Trust stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 178 institutional holders increased their position in Physicians Realty Trust [NYSE:DOC] by around 25,077,804 shares. Additionally, 152 investors decreased positions by around 20,114,676 shares, while 55 investors held positions by with 158,355,616 shares. The mentioned changes placed institutional holdings at 203,548,096 shares, according to the latest SEC report filing. DOC stock had 35 new institutional investments in for a total of 11,163,806 shares, while 39 institutional investors sold positions of 9,080,338 shares during the same period.

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