Medical Properties Trust, Inc. (MPW) Given Hold Rating at KeyCorp
Medical Properties Trust, Inc. (NYSE:MPW)‘s stock had its “hold” rating reissued by KeyCorp in a report issued on Sunday.
Several other equities research analysts have also issued reports on MPW. Jefferies Group LLC reissued a “buy” rating and issued a $15.00 price objective on shares of Medical Properties Trust in a research report on Tuesday, August 29th. Zacks Investment Research upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Wednesday, July 19th. ValuEngine downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Deutsche Bank AG increased their price objective on shares of Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $14.10.
Shares of Medical Properties Trust (MPW) opened at 13.18 on Friday. The stock’s 50 day moving average is $12.89 and its 200-day moving average is $13.02. The firm has a market cap of $4.61 billion, a P/E ratio of 16.11 and a beta of 0.88. Medical Properties Trust has a one year low of $11.54 and a one year high of $15.34.
Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.32. Medical Properties Trust had a net margin of 42.25% and a return on equity of 7.54%. The business had revenue of $166.80 million for the quarter, compared to the consensus estimate of $163.08 million. During the same quarter in the prior year, the firm posted $0.32 earnings per share. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. Analysts anticipate that Medical Properties Trust will post $0.86 EPS for the current fiscal year.
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A number of institutional investors and hedge funds have recently bought and sold shares of the business. WFG Advisors LP boosted its stake in Medical Properties Trust by 14.9% during the second quarter. WFG Advisors LP now owns 304,369 shares of the real estate investment trust’s stock worth $3,917,000 after buying an additional 39,565 shares in the last quarter. Cetera Investment Advisers acquired a new stake in shares of Medical Properties Trust in the 2nd quarter valued at $141,000. Public Employees Retirement System of Ohio boosted its stake in shares of Medical Properties Trust by 386.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 168,636 shares of the real estate investment trust’s stock valued at $2,170,000 after purchasing an additional 133,955 shares in the last quarter. Verition Fund Management LLC boosted its stake in shares of Medical Properties Trust by 62.5% in the 2nd quarter. Verition Fund Management LLC now owns 42,076 shares of the real estate investment trust’s stock valued at $542,000 after purchasing an additional 16,176 shares in the last quarter. Finally, National Asset Management Inc. acquired a new stake in shares of Medical Properties Trust in the 2nd quarter valued at $148,000. Hedge funds and other institutional investors own 85.55% of the company’s stock.
About Medical Properties Trust
Medical Properties Trust, Inc is a real estate investment trust (REIT). The Company focuses on investing in and owning net-leased healthcare facilities across the United States and selectively in foreign jurisdictions. The Company’s segment is its investments in healthcare real estate, including mortgage and other loans, as well as any equity investments in its tenants.
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