Medical Properties Trust (NYSE:MPW) Downgraded by TheStreet

Medical Properties Trust (NYSE:MPWGet Rating) was downgraded by investment analysts at TheStreet from a “b-” rating to a “c+” rating in a research report issued on Wednesday, TheStreetRatingsTable reports.

Several other equities analysts also recently issued reports on MPW. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Medical Properties Trust from $25.00 to $20.00 in a research note on Wednesday, April 27th. Jefferies Financial Group downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating and dropped their price target for the company from $25.00 to $20.00 in a research note on Friday, April 22nd. Bank of America downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and set a $21.00 price target for the company. in a research note on Friday, March 11th. Truist Financial dropped their price target on shares of Medical Properties Trust from $26.00 to $23.00 and set a “hold” rating for the company in a research note on Thursday, March 24th. Finally, StockNews.com raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Monday, May 23rd. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $23.13.

Shares of NYSE:MPW opened at $14.34 on Wednesday. The company has a market cap of $8.61 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 0.82 and a beta of 0.65. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.64 and a quick ratio of 1.64. The firm has a 50 day simple moving average of $18.37 and a 200 day simple moving average of $20.56. Medical Properties Trust has a one year low of $14.28 and a one year high of $24.13.

Medical Properties Trust (NYSE:MPWGet Rating) last issued its quarterly earnings data on Thursday, April 28th. The real estate investment trust reported $1.05 EPS for the quarter, beating the consensus estimate of $0.47 by $0.58. The business had revenue of $409.80 million during the quarter, compared to the consensus estimate of $413.31 million. Medical Properties Trust had a net margin of 70.61% and a return on equity of 13.25%. The firm’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.42 EPS. As a group, analysts expect that Medical Properties Trust will post 1.83 EPS for the current year.

In other Medical Properties Trust news, CFO R Steven Hamner sold 285,000 shares of the firm’s stock in a transaction on Thursday, April 7th. The shares were sold at an average price of $21.04, for a total value of $5,996,400.00. Following the completion of the sale, the chief financial officer now directly owns 1,961,214 shares in the company, valued at $41,263,942.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Edward K. Aldag, Jr. sold 615,000 shares of the firm’s stock in a transaction on Wednesday, March 30th. The stock was sold at an average price of $21.33, for a total transaction of $13,117,950.00. The disclosure for this sale can be found here. 1.04% of the stock is owned by company insiders.

A number of large investors have recently bought and sold shares of the business. Mystic Asset Management Inc. acquired a new position in shares of Medical Properties Trust during the fourth quarter valued at about $27,000. Dark Forest Capital Management LP acquired a new position in shares of Medical Properties Trust during the third quarter valued at about $26,000. Meeder Asset Management Inc. acquired a new position in shares of Medical Properties Trust during the first quarter valued at about $29,000. Sageworth Trust Co of South Dakota acquired a new position in shares of Medical Properties Trust during the fourth quarter valued at about $36,000. Finally, Financial Management Professionals Inc. grew its holdings in shares of Medical Properties Trust by 1,635.1% during the first quarter. Financial Management Professionals Inc. now owns 1,631 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 1,537 shares during the last quarter. Institutional investors and hedge funds own 82.27% of the company’s stock.

About Medical Properties Trust (Get Rating)

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 hospitals with 431 facilities and roughly 43,000 licensed beds in nine countries and across four continents on a pro forma basis.

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