Revenue Update on Physicians Realty Trust(NYSE:DOC)

Physicians Realty Trust(NYSE:DOC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $53.22M. Analysts estimated a revenue of $50.57M. Earnings per share were $0.22. Analysts had estimated an EPS of $0.23.

In a different note, On Jun 22, 2016, JMP Securities said it Downgrades its rating on Physicians Realty Trust. The shares have been rated ‘Market Perform’ by the firm.

Several Insider Transactions has been reported to the SEC. On Jun 15, 2016, John Sweet (Executive Vice President & CIO) sold 12,000 shares at $19.90 per share price.Also, On Jun 14, 2016, Bradley D. Page (Senior VP & General Counsel) sold 900 shares at $19.93 per share price.On Aug 31, 2015, Tommy G Thompson (director) purchased 1,000 shares at $14.71 per share price, according to the Form-4 filing with the securities and exchange commission.

Physicians Realty Trust (Physicians Realty) is a self-managed healthcare real estate company. The Company acquires develops owns and manages healthcare properties that are leased to physicians hospitals and healthcare delivery systems. As of December 31 2014 the Company’s portfolio consisted of 87 properties located in 19 states of the United States with approximately 3100701 net leasable square feet. As at December 31 2014 approximately 76.5% of the net leasable square footage of the Company’s portfolio was either affiliated with a healthcare delivery system or located within approximately 0.25 mile of a hospital campus. The Company focuses its investment activity on various types of healthcare properties: medical office buildings; outpatient treatment and diagnostic facilities; physician group practice clinics; ambulatory surgery centers; specialty hospitals and treatment centers; acute care hospitals and post-acute care hospitals and long-term care facilities.

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