Medical Properties Trust, Inc. (NYSE:MPW) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, November 1st.
According to Zacks, “Medical Properties Trust, Inc. is a Birmingham, Alabama based self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. These facilities include inpatient rehabilitation hospitals, long-term acute care hospitals, regional and community hospitals, women’s and children’s hospitals, skilled nursing facilities, ambulatory surgery centers, and other single-discipline healthcare facilities, such as heart hospitals, orthopedic hospitals and cancer centers. “
MPW has been the subject of a number of other research reports. KeyCorp reissued a “hold” rating on shares of Medical Properties Trust in a research note on Sunday, September 17th. ValuEngine downgraded Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Jefferies Group LLC reaffirmed a “buy” rating and set a $15.00 price target on shares of Medical Properties Trust in a research report on Tuesday, August 29th. JMP Securities raised Medical Properties Trust from a “market perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a research report on Monday, July 17th. They noted that the move was a valuation call. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $13.00 target price on shares of Medical Properties Trust in a research report on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company’s stock. Medical Properties Trust presently has a consensus rating of “Hold” and an average target price of $14.18.
Shares of Medical Properties Trust (MPW) opened at $13.56 on Wednesday. Medical Properties Trust has a 52 week low of $11.57 and a 52 week high of $14.22. The firm has a market capitalization of $4,937.96, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 2.01 and a beta of 0.95. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.06 and a current ratio of 2.55.
Medical Properties Trust (NYSE:MPW) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The business had revenue of $176.60 million during the quarter, compared to analyst estimates of $172.57 million. Medical Properties Trust had a return on equity of 7.36% and a net margin of 39.95%. The company’s revenue for the quarter was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.30 earnings per share. equities analysts predict that Medical Properties Trust will post 1.31 EPS for the current fiscal year.
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Several large investors have recently bought and sold shares of MPW. Ffcm LLC purchased a new position in Medical Properties Trust in the 3rd quarter valued at approximately $116,000. IFP Advisors Inc boosted its position in Medical Properties Trust by 12.1% in the 2nd quarter. IFP Advisors Inc now owns 10,102 shares of the real estate investment trust’s stock valued at $130,000 after buying an additional 1,093 shares during the period. Blair William & Co. IL purchased a new stake in shares of Medical Properties Trust during the 2nd quarter worth $132,000. Janus Henderson Group PLC purchased a new stake in shares of Medical Properties Trust during the 2nd quarter worth $136,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Medical Properties Trust during the 2nd quarter worth $141,000. 84.01% of the stock is owned by hedge funds and other institutional investors.
Medical Properties Trust Company Profile
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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