Medical Properties Trust (NYSE:MPW) had its price objective hoisted by stock analysts at Mitsubishi UFJ Financial Group to $15.00 in a research note issued to investors on Friday, The Fly reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Mitsubishi UFJ Financial Group’s price objective would indicate a potential downside of 1.96% from the company’s current price.
A number of other research firms have also weighed in on MPW. Stifel Nicolaus set a $14.00 price objective on Medical Properties Trust and gave the stock a “hold” rating in a research note on Thursday. JMP Securities set a $16.00 price objective on Medical Properties Trust and gave the stock a “buy” rating in a research note on Monday, October 1st. Zacks Investment Research lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, October 25th. Finally, Jefferies Financial Group lowered Medical Properties Trust from a “buy” rating to a “hold” rating and set a $15.00 price objective on the stock. in a research note on Tuesday, July 17th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $14.28.
NYSE MPW traded down $0.20 on Friday, reaching $15.30. 3,207,515 shares of the company were exchanged, compared to its average volume of 2,265,188. The firm has a market capitalization of $5.49 billion, a P/E ratio of 11.33, a price-to-earnings-growth ratio of 3.13 and a beta of 0.55. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.19 and a current ratio of 2.19. Medical Properties Trust has a fifty-two week low of $11.82 and a fifty-two week high of $15.56.
Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.01. The company had revenue of $197.00 million for the quarter, compared to analyst estimates of $192.64 million. Medical Properties Trust had a return on equity of 9.12% and a net margin of 44.46%. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 earnings per share. As a group, sell-side analysts forecast that Medical Properties Trust will post 1.39 EPS for the current year.
In other Medical Properties Trust news, insider Emmett E. Mclean sold 100,000 shares of Medical Properties Trust stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of $14.93, for a total value of $1,493,000.00. Following the sale, the insider now owns 963,965 shares in the company, valued at $14,391,997.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael G. Stewart sold 12,400 shares of Medical Properties Trust stock in a transaction on Friday, October 12th. The shares were sold at an average price of $14.13, for a total value of $175,212.00. Following the completion of the sale, the director now owns 231,039 shares in the company, valued at approximately $3,264,581.07. The disclosure for this sale can be found here. Insiders sold 165,809 shares of company stock worth $2,456,679 in the last 90 days. Company insiders own 0.83% of the company’s stock.
A number of large investors have recently bought and sold shares of MPW. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Medical Properties Trust in the 2nd quarter valued at $104,000. Valeo Financial Advisors LLC purchased a new stake in shares of Medical Properties Trust in the 2nd quarter valued at $128,000. Integrated Investment Consultants LLC purchased a new stake in shares of Medical Properties Trust in the 2nd quarter valued at $136,000. Investors Asset Management of Georgia Inc. GA ADV purchased a new stake in shares of Medical Properties Trust in the 2nd quarter valued at $140,000. Finally, Signaturefd LLC raised its holdings in shares of Medical Properties Trust by 44.0% in the 2nd quarter. Signaturefd LLC now owns 11,349 shares of the real estate investment trust’s stock valued at $159,000 after buying an additional 3,468 shares during the period. Institutional investors own 76.88% of the company’s stock.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
Further Reading: Institutional Investors
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