Medical Properties Trust, Inc. (NYSE:MPW) Given Consensus Rating of “Hold” by Analysts

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have been assigned an average rating of “Hold” from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $17.25.

A number of analysts recently weighed in on MPW shares. Zacks Investment Research upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Tuesday, April 16th. Deutsche Bank increased their price target on shares of Medical Properties Trust from $14.00 to $16.00 and gave the company a “hold” rating in a research report on Friday, March 29th.

In related news, Director Michael G. Stewart sold 6,830 shares of the stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $18.47, for a total value of $126,150.10. Following the sale, the director now directly owns 224,615 shares in the company, valued at approximately $4,148,639.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.18% of the company’s stock.

Several large investors have recently made changes to their positions in MPW. Oakbrook Investments LLC increased its stake in Medical Properties Trust by 3.0% during the 1st quarter. Oakbrook Investments LLC now owns 20,400 shares of the real estate investment trust’s stock worth $378,000 after purchasing an additional 600 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in Medical Properties Trust by 21.4% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 3,435 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 606 shares in the last quarter. Oliver Luxxe Assets LLC increased its stake in Medical Properties Trust by 4.2% during the 1st quarter. Oliver Luxxe Assets LLC now owns 16,456 shares of the real estate investment trust’s stock worth $305,000 after purchasing an additional 656 shares in the last quarter. World Asset Management Inc increased its stake in Medical Properties Trust by 4.3% during the 1st quarter. World Asset Management Inc now owns 17,774 shares of the real estate investment trust’s stock worth $329,000 after purchasing an additional 734 shares in the last quarter. Finally, Cetera Advisor Networks LLC increased its stake in Medical Properties Trust by 6.4% during the 1st quarter. Cetera Advisor Networks LLC now owns 13,399 shares of the real estate investment trust’s stock worth $250,000 after purchasing an additional 804 shares in the last quarter. Institutional investors and hedge funds own 80.64% of the company’s stock.

Medical Properties Trust stock opened at $17.79 on Friday. The company has a current ratio of 9.37, a quick ratio of 9.37 and a debt-to-equity ratio of 0.82. Medical Properties Trust has a 1 year low of $13.79 and a 1 year high of $18.92. The firm has a market cap of $7.02 billion, a P/E ratio of 12.99, a PEG ratio of 3.33 and a beta of 0.63. The company’s 50-day simple moving average is $18.10.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, May 2nd. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). Medical Properties Trust had a net margin of 131.84% and a return on equity of 7.98%. The business had revenue of $180.45 million for the quarter, compared to analyst estimates of $182.00 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The business’s revenue for the quarter was down 12.0% on a year-over-year basis. On average, research analysts expect that Medical Properties Trust will post 1.35 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 11th. Investors of record on Thursday, June 13th will be given a $0.25 dividend. The ex-dividend date is Wednesday, June 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.62%. Medical Properties Trust’s dividend payout ratio is 72.99%.

Medical Properties Trust Company Profile

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.

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Analyst Recommendations for Medical Properties Trust (NYSE:MPW)

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