MedEquities Realty Trust Inc. (NYSE:MRT) has earned a consensus recommendation of “Buy” from the nine brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $12.86.

MRT has been the topic of several recent analyst reports. Zacks Investment Research raised shares of MedEquities Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Cantor Fitzgerald initiated coverage on shares of MedEquities Realty Trust in a research report on Thursday, August 31st. They set an “overweight” rating and a $14.00 price objective on the stock. Finally, KeyCorp reissued a “buy” rating and set a $13.00 price objective on shares of MedEquities Realty Trust in a research report on Friday, August 25th.

Shares of MedEquities Realty Trust (NYSE MRT) traded up 2.55% on Friday, hitting $11.65. 235,419 shares of the stock were exchanged. The company has a market cap of $369.95 million and a PE ratio of 35.41. MedEquities Realty Trust has a 12 month low of $10.28 and a 12 month high of $13.06. The company has a 50-day moving average price of $11.67 and a 200 day moving average price of $11.90.

COPYRIGHT VIOLATION WARNING: “MedEquities Realty Trust Inc. (MRT) Given Average Rating of “Buy” by Analysts” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another publication, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/10/22/medequities-realty-trust-inc-mrt-given-average-rating-of-buy-by-analysts.html.

A number of hedge funds have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd grew its position in MedEquities Realty Trust by 25.1% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 16,686 shares of the financial services provider’s stock valued at $210,000 after purchasing an additional 3,346 shares during the last quarter. Susquehanna International Group LLP grew its position in MedEquities Realty Trust by 53.9% during the 2nd quarter. Susquehanna International Group LLP now owns 17,723 shares of the financial services provider’s stock valued at $224,000 after purchasing an additional 6,209 shares during the last quarter. California State Teachers Retirement System grew its position in MedEquities Realty Trust by 24.5% during the 2nd quarter. California State Teachers Retirement System now owns 50,800 shares of the financial services provider’s stock valued at $641,000 after purchasing an additional 10,000 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in MedEquities Realty Trust during the 2nd quarter valued at about $154,000. Finally, The Manufacturers Life Insurance Company grew its position in MedEquities Realty Trust by 42.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 26,586 shares of the financial services provider’s stock valued at $335,000 after purchasing an additional 7,923 shares during the last quarter. 92.83% of the stock is currently owned by institutional investors.

About MedEquities Realty Trust

MedEquities Realty Trust, Inc is a real estate investment trust (REIT). The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company invests primarily in real estate across the acute and post-acute spectrum of care. It focuses on investing in various types of healthcare properties, including acute care hospitals; skilled nursing facilities; short-stay surgical and specialty hospitals, which focus on orthopedic, heart and other dedicated surgeries and specialty procedures; dedicated specialty hospitals, such as inpatient rehabilitation facilities, long-term acute care hospitals and facilities providing psychiatric care; physician clinics; diagnostic facilities; outpatient surgery centers, and facilities that support these services, such as medical office buildings.

Analyst Recommendations for MedEquities Realty Trust (NYSE:MRT)

Receive News & Ratings for MedEquities Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MedEquities Realty Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.