Medical Properties Trust (MPW) Lifted to “Buy” at ValuEngine

Medical Properties Trust (NYSE:MPW) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Thursday, November 9th.

MPW has been the topic of a number of other reports. KeyCorp reiterated a “hold” rating on shares of Medical Properties Trust in a research report on Sunday, September 17th. Zacks Investment Research lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Jefferies Group restated a “buy” rating and set a $15.00 target price on shares of Medical Properties Trust in a research report 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 on the stock in a research report on Monday, July 17th. They noted that the move was a valuation call. Finally, Stifel Nicolaus restated a “hold” rating and set 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 given a hold rating and seven have given a buy rating to the stock. Medical Properties Trust currently has a consensus rating of “Hold” and an average price target of $14.18.

Medical Properties Trust (MPW) opened at $13.81 on Thursday. The company has a market cap of $5,025.35, a price-to-earnings ratio of 10.70, a PEG ratio of 1.84 and a beta of 0.95. Medical Properties Trust has a 1-year low of $11.57 and a 1-year high of $14.22. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.55 and a quick 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 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The business had revenue of $176.60 million for the quarter, compared to analysts’ expectations of $172.57 million. Medical Properties Trust had a net margin of 43.54% and a return on equity of 8.02%. The company’s quarterly revenue was up 39.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 EPS. analysts predict that Medical Properties Trust will post 1.32 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Medical Properties Trust by 6.6% during the 2nd quarter. Vanguard Group Inc. now owns 57,790,855 shares of the real estate investment trust’s stock worth $743,768,000 after purchasing an additional 3,561,518 shares during the period. Bank of New York Mellon Corp boosted its holdings in Medical Properties Trust by 9.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 14,803,927 shares of the real estate investment trust’s stock worth $194,375,000 after acquiring an additional 1,278,480 shares during the period. Principal Financial Group Inc. boosted its holdings in Medical Properties Trust by 1.5% in the 3rd quarter. Principal Financial Group Inc. now owns 12,037,765 shares of the real estate investment trust’s stock worth $158,057,000 after acquiring an additional 178,569 shares during the period. LSV Asset Management boosted its holdings in Medical Properties Trust by 11.9% in the 2nd quarter. LSV Asset Management now owns 5,666,676 shares of the real estate investment trust’s stock worth $72,930,000 after acquiring an additional 601,200 shares during the period. Finally, Prudential Financial Inc. boosted its holdings in Medical Properties Trust by 28.7% in the 3rd quarter. Prudential Financial Inc. now owns 5,562,595 shares of the real estate investment trust’s stock worth $73,037,000 after acquiring an additional 1,241,797 shares during the period. 81.31% of the stock is owned by institutional investors.

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About Medical Properties Trust

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Medical Properties Trust (NYSE:MPW)

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