Medical Properties Trust, Inc. (NYSE:MPW)‘s stock had its “hold” rating reiterated by stock analysts at KeyCorp in a note issued to investors on Sunday.
MPW has been the subject of a number of other research reports. ValuEngine downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Jefferies Group LLC reiterated a “buy” rating and set a $15.00 target price on shares of Medical Properties Trust in a research note on Tuesday, August 29th. JMP Securities upgraded shares of Medical Properties Trust from a “market perform” rating to an “outperform” rating and set a $14.00 target price for the company in a research note on Monday, July 17th. They noted that the move was a valuation call. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $13.00 target price on shares of Medical Properties Trust in a research note on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $14.10.
Shares of Medical Properties Trust (NYSE:MPW) opened at 13.18 on Friday. The firm has a market cap of $4.61 billion, a PE ratio of 16.11 and a beta of 0.88. The stock has a 50 day moving average price of $12.89 and a 200-day moving average price of $13.02. Medical Properties Trust has a 52-week low of $11.54 and a 52-week high of $15.34.
Medical Properties Trust (NYSE:MPW) last issued its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 EPS for the quarter, hitting analysts’ consensus estimates of $0.32. The firm had revenue of $166.80 million during the quarter, compared to the consensus estimate of $163.08 million. Medical Properties Trust had a net margin of 42.25% and a return on equity of 7.54%. The company’s revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.32 earnings per share. On average, equities analysts anticipate that Medical Properties Trust will post $0.86 EPS for the current fiscal year.
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. IFP Advisors Inc boosted its stake in Medical Properties Trust by 12.1% in the second quarter. IFP Advisors Inc now owns 10,102 shares of the real estate investment trust’s stock valued at $130,000 after acquiring an additional 1,093 shares in the last quarter. Blair William & Co. IL acquired a new position in Medical Properties Trust in the second quarter valued at $132,000. Neuburgh Advisers LLC boosted its stake in Medical Properties Trust by 6.2% in the first quarter. Neuburgh Advisers LLC now owns 10,582 shares of the real estate investment trust’s stock valued at $136,000 after acquiring an additional 616 shares in the last quarter. Janus Henderson Group PLC acquired a new position in Medical Properties Trust in the second quarter valued at $136,000. Finally, Cetera Investment Advisers acquired a new position in Medical Properties Trust in the second quarter valued at $141,000. Institutional investors own 85.55% of the company’s stock.
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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