Medical Properties Trust (NYSE:MPW) Rating Lowered to Sell at Wall Street Zen

Medical Properties Trust (NYSE:MPW) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Other analysts have also issued reports about the stock. Wells Fargo & Company increased their target price on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock an “underweight” rating in a report on Tuesday, November 25th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $6.17.

Medical Properties Trust Stock Up 0.7%

MPW opened at $5.09 on Friday. The company has a market cap of $3.06 billion, a P/E ratio of -4.31 and a beta of 1.44. The business’s 50-day moving average price is $5.19 and its 200-day moving average price is $4.77. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 2.06. Medical Properties Trust has a 12 month low of $3.51 and a 12 month high of $6.34.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). Medical Properties Trust had a negative net margin of 75.76% and a negative return on equity of 14.82%. The company had revenue of $237.52 million for the quarter, compared to analysts’ expectations of $244.89 million. During the same period last year, the company posted $0.16 EPS. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, equities analysts expect that Medical Properties Trust will post 0.78 EPS for the current year.

Institutional Trading of Medical Properties Trust

Hedge funds have recently modified their holdings of the business. Eastern Bank bought a new position in shares of Medical Properties Trust in the 3rd quarter worth about $28,000. Clearstead Advisors LLC bought a new stake in Medical Properties Trust in the third quarter worth $37,000. Hantz Financial Services Inc. grew its stake in shares of Medical Properties Trust by 346.5% in the third quarter. Hantz Financial Services Inc. now owns 7,274 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 5,645 shares during the last quarter. Rothschild Investment LLC bought a new position in shares of Medical Properties Trust during the third quarter valued at $39,000. Finally, Twin Tree Management LP purchased a new position in shares of Medical Properties Trust in the 1st quarter worth about $48,000. Institutional investors own 71.79% of the company’s stock.

About Medical Properties Trust

Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.

Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.