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Published: Sun, April 09, 2017
Economy | By Melissa Porter

Manning & Napier Advisors LLC Purchases 28810 Shares of Physicians Realty Trust (DOC)

Manning & Napier Advisors LLC Purchases 28810 Shares of Physicians Realty Trust (DOC)

Shares of MedEquities Realty Trust Inc (NYSE:MRT) have been given a consensus recommendation of "Buy" by the eight analysts that are covering the company.

The analyst stated that the investment firm has set a price target of 36 on shares of NYSE:AKR. TheStreet upgraded shares of Physicians Realty Trust from a "c+" rating to a "b-" rating in a research note on Friday, January 27th.

Ratings analysis reveals 69% of Physicians Realty Trust's analysts are positive. The SI to Physicians Realty Trust's float is 4.3%. (NYSE:DLR) giving the company a "Neutral" rating.

Digital Realty Trust, Inc. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. The stock now has a Market Cap of $12.64B.

This is a head to head compare of Agree Realty Corporation (NYSE:ADC) and Ramco-Gershenson Properties Trust (NYSE:RPT). In this case, shares are down -7.71% from $22.03, the 52-week high touched on Sep. The company now has a consensus rating of "Buy" and an average target price of $110.42.

Physicians Realty Trust has a 50 day moving average of 19.41 and a 200 day moving average of 19.21. Gateway Investment Advisers LLC now owns 285,409 shares of the real estate investment trust's stock valued at $27,719,000 after buying an additional 99,378 shares during the last quarter. The company earned $73.70 million during the quarter, compared to analysts' expectations of $74.07 million. Physicians Realty Trust had a return on equity of 1.77% and a net margin of 12.86%. The business's revenue for the quarter was up 5.5% compared to the same quarter previous year. The analysts offering Earnings Estimates for the company were believing that Physicians Realty Trust (DOC) could bring EPS of $0.1/share. On average, equities research analysts predict that Acadia Realty Trust will post $0.38 EPS for the current year.

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The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 18th. Stockholders of record on Wednesday, April 5th will be issued a $0.225 dividend. It has a dividend yield of 3.47%. The ex-dividend date of this dividend was Monday, March 13th.

Baird began new coverage on Physicians Realty Trust giving the company a "outperform" rating.

Several brokerages recently weighed in on DLR. Ltd acquired a new stake in shares of Acadia Realty Trust during the fourth quarter worth $108,000.

Acadia Realty Trust is a real estate investment trust. Westover Capital Advisors LLC bought a new stake in Digital Realty Trust during the third quarter valued at $223,000.

In related news, SVP Joshua A. Mills sold 4,217 shares of the company's stock in a transaction dated Wednesday, April 5th. BlackRock Institutional Trust Company N.A. increased its stake in Physicians Realty Trust by 1.0% in the third quarter.

Barings Real Estate Advisers Llc holds 3.29% of its portfolio in Physicians Realty Trust for 510,090 shares. Wetherby Asset Management Inc. now owns 2,579 shares of the real estate investment trust's stock valued at $253,000 after buying an additional 225 shares during the last quarter. The Company is focused on the ownership, acquisition, development and management of retail properties located in the United States. In the Core Portfolio segment, the Company owned an interest in a 311,000 square foot shopping center, a 28,000 square foot retail and an interest in an 87,000 square foot retail property, among others, as of December 31, 2016.

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