Medical Properties Trust (NYSE:MPW - Get Free Report) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a research note issued on Wednesday, Marketbeat.com reports. The brokerage currently has a $5.00 price objective on the real estate investment trust's stock, up from their previous price objective of $2.00. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 4.82% from the company's previous close.
A number of other research firms also recently weighed in on MPW. Mizuho decreased their price target on shares of Medical Properties Trust from $9.00 to $7.00 and set a "neutral" rating for the company in a research report on Wednesday, January 3rd. StockNews.com cut shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 22nd. Truist Financial boosted their price target on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a "hold" rating in a research report on Monday, April 8th. KeyCorp reiterated a "sector weight" rating on shares of Medical Properties Trust in a report on Friday, January 5th. Finally, BNP Paribas raised Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 target price on the stock in a report on Friday, March 1st. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $5.75.
Check Out Our Latest Stock Analysis on MPW
Medical Properties Trust Stock Up 3.2 %
Shares of MPW stock traded up $0.15 during trading hours on Wednesday, reaching $4.77. The company had a trading volume of 12,085,927 shares, compared to its average volume of 22,984,740. The company has a market capitalization of $2.86 billion, a P/E ratio of -5.07, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26. Medical Properties Trust has a twelve month low of $2.92 and a twelve month high of $10.74. The stock's fifty day simple moving average is $4.14 and its 200 day simple moving average is $4.37.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. HighTower Advisors LLC boosted its position in shares of Medical Properties Trust by 8.2% in the first quarter. HighTower Advisors LLC now owns 83,236 shares of the real estate investment trust's stock worth $1,755,000 after buying an additional 6,318 shares during the period. AlphaCrest Capital Management LLC boosted its position in Medical Properties Trust by 147.1% during the 1st quarter. AlphaCrest Capital Management LLC now owns 21,434 shares of the real estate investment trust's stock worth $453,000 after acquiring an additional 12,761 shares during the period. Raymond James Trust N.A. grew its stake in Medical Properties Trust by 15.4% during the 1st quarter. Raymond James Trust N.A. now owns 37,749 shares of the real estate investment trust's stock valued at $798,000 after acquiring an additional 5,046 shares in the last quarter. Cibc World Market Inc. grew its stake in Medical Properties Trust by 11.3% during the 1st quarter. Cibc World Market Inc. now owns 38,588 shares of the real estate investment trust's stock valued at $816,000 after acquiring an additional 3,922 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of Medical Properties Trust by 43.9% in the 1st quarter. Sei Investments Co. now owns 807,982 shares of the real estate investment trust's stock valued at $17,067,000 after purchasing an additional 246,411 shares during the period. 71.79% of the stock is currently owned by institutional investors and hedge funds.
About Medical Properties Trust
(
Get Free Report)
Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.
Recommended Stories
Before you consider Medical Properties Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Medical Properties Trust wasn't on the list.
While Medical Properties Trust currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
