Jefferies Group Brokers Reduce Earnings Estimates for Healthcare Realty Trust Incorporated (HR)

Nuance Investments, LLC grew its investment by buying 72 shares an increase of 0.1% as of 06/30/2017. Analysts predict that Physicians Realty Trust will post $0.22 EPS for the current fiscal year. Century Companies has invested 0.03% of its portfolio in Physicians Realty Trust (NYSE:DOC). Cornerstone Real Estate Advisers Llc acquired 168,829 shares as Physicians Realty Trust (DOC)'s stock rose 5.10%. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a DE limited partnership (the "operating partnership"), directly or through limited partnerships, limited liability companies or other subsidiaries. The Company intends to use the net proceeds of this offering to fund a portion of the $612.5 million purchase price for the acquisition of 15 medical office buildings in Atlanta, Georgia, which was reported earlier, to repay amounts outstanding under the Company's unsecured credit facility due 2020, and for general corporate purposes, including the acquisition and development of healthcare facilities and the repayment of other debt obligations.

On July 24 the stock rating was upgraded to "Equal-Weight" from "Underweight" in a report from Morgan Stanley. Stifel Nicolaus decreased their price target on Healthcare Realty Trust from $34.00 to $33.00 and set a "buy" rating on the stock in a research note on Tuesday, May 9th.

WARNING: This report was reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & worldwide trademark & copyright laws. The legal version of this report can be read at Healthcare Realty Trust has a one year low of $26.66 and a one year high of $36.25. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 22.94 and a beta of 0.33. The company has a 50-day moving average of $20.58 and a 200 day moving average of $20.86. The value of the total investment in Healthcare Realty Trust Incorpo went from $2,925,000 to $2,049,000 decreasing 29.9% since the last quarter. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.01. During the same quarter in the previous year, the firm earned $0.22 EPS.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.13%. FBR Capital initiated Physicians Realty Trust (NYSE:DOC) rating on Monday, April 3. Also, insider John M. Bryant, Jr. sold 7,000 shares of the business's stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $32.45, for a total value of $56,592.80. Following the transaction, the insider now owns 142,256 shares of the company's stock, valued at $4,766,998.56.

Here is a 1-minute and 25-second video that shows you exactly how to do this for any stock and what every professional option trader would rather that you don't see. They issued an "in-line" rating and a $23.00 target price on the stock. 1,042,882 shares of the company were exchanged. The disclosure for this sale can be found here.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

Mairs & Power Inc increased Physicians Realty Tr (DOC) stake by 37.94% reported in 2016Q4 SEC filing. Finally, Retirement Systems of Alabama raised its stake in Healthcare Realty Trust by 0.5% in the first quarter. Teachers Advisors LLC now owns 259,254 shares of the real estate investment trust's stock worth $7,861,000 after buying an additional 5,789 shares during the period. As of the end of the quarter Investec Asset Management Ltd had bought a total of 8,421 shares growing its holdings by 11.5%. Resolution Capital Ltd raised its position in Empire State Realty Trust by 16.8% in the first quarter. ETRADE Capital Management LLC now owns 15,786 shares of the real estate investment trust's stock worth $318,000 after buying an additional 2,719 shares during the period. Zacks Investment Research cut shares of Physicians Realty Trust from a "hold" rating to a "sell" rating in a research report on Tuesday, July 11th.

Physicians Realty Trust (the Trust) is a real estate investment trust.