Medical Properties Trust (NYSE:MPW) Upgraded to “Hold” at Deutsche Bank Aktiengesellschaft

Medical Properties Trust (NYSE:MPW) was upgraded by stock analysts at Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage currently has a $5.00 price objective on the real estate investment trust’s stock, up from their prior price objective of $2.00. Deutsche Bank Aktiengesellschaft’s target price indicates a potential downside of 0.20% from the company’s previous close.

Several other equities analysts also recently weighed in on the company. Colliers Securities downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their target price for the company from $10.00 to $4.25 in a research report on Wednesday, April 10th. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price objective on the stock in a research report on Friday, March 1st. KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Truist Financial lifted their price objective on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research report on Monday, April 8th. Finally, Mizuho reduced their price objective on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 3rd. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $5.75.

Medical Properties Trust Stock Performance

NYSE MPW opened at $5.01 on Wednesday. The company has a market cap of $3.00 billion, a PE ratio of -5.33, a price-to-earnings-growth ratio of 1.37 and a beta of 1.20. The stock’s 50 day simple moving average is $4.18 and its 200-day simple moving average is $4.37. Medical Properties Trust has a 1-year low of $2.92 and a 1-year high of $10.74. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26.

Institutional Investors Weigh In On Medical Properties Trust

A number of institutional investors and hedge funds have recently modified their holdings of MPW. Advisors Asset Management Inc. acquired a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $28,000. Future Financial Wealth Managment LLC acquired a new stake in Medical Properties Trust during the 1st quarter valued at $38,000. Tucker Asset Management LLC grew its holdings in Medical Properties Trust by 2,447.6% during the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 7,661 shares during the last quarter. Cetera Trust Company N.A acquired a new stake in Medical Properties Trust during the 4th quarter valued at $43,000. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in Medical Properties Trust by 861.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 8,615 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.