Medical Properties Trust (NYSE:MPW) Upgraded by StockNews.com to “Hold” Rating

Medical Properties Trust (NYSE:MPW) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Monday.

Several other research analysts have also commented on MPW. Truist Financial dropped their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. Mizuho dropped their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Medical Properties Trust currently has an average rating of “Hold” and a consensus target price of $4.92.

Medical Properties Trust Stock Down 2.0 %

Shares of NYSE MPW traded down $0.12 during mid-day trading on Monday, reaching $5.78. The company had a trading volume of 24,301,605 shares, compared to its average volume of 13,410,753. Medical Properties Trust has a twelve month low of $3.51 and a twelve month high of $6.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The stock has a market capitalization of $3.47 billion, a PE ratio of -1.37, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The stock’s 50 day moving average is $4.44 and its 200-day moving average is $4.66.

Insiders Place Their Bets

In related news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.53% of the company’s stock.

Hedge Funds Weigh In On Medical Properties Trust

Large investors have recently made changes to their positions in the business. Quadrature Capital Ltd bought a new position in shares of Medical Properties Trust during the 3rd quarter worth about $927,000. JPMorgan Chase & Co. increased its holdings in shares of Medical Properties Trust by 21.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after purchasing an additional 303,628 shares during the period. Versor Investments LP increased its holdings in shares of Medical Properties Trust by 192.3% during the 4th quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock worth $1,126,000 after purchasing an additional 187,500 shares during the period. Wolverine Asset Management LLC increased its holdings in shares of Medical Properties Trust by 27.8% during the 3rd quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust’s stock worth $3,030,000 after purchasing an additional 112,721 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Medical Properties Trust by 353.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock worth $20,625,000 after purchasing an additional 2,748,245 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

About Medical Properties Trust

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.