Medical Properties Trust, Inc. (NYSE:MPW) insider Holzgrefe Richard purchased 500,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was purchased at an average cost of $0.09 per share, with a total value of $44,500.00.
MPW stock opened at $20.25 on Friday. Medical Properties Trust, Inc. has a 1-year low of $15.25 and a 1-year high of $20.92. The firm has a market cap of $10.31 billion, a P/E ratio of 14.78, a P/E/G ratio of 3.55 and a beta of 0.52. The business’s 50 day moving average is $19.93 and its 200-day moving average is $18.61. The company has a current ratio of 6.27, a quick ratio of 8.00 and a debt-to-equity ratio of 1.02.
Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, October 31st. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.12). Medical Properties Trust had a net margin of 41.57% and a return on equity of 6.36%. The company had revenue of $224.70 million during the quarter, compared to the consensus estimate of $221.40 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. Sell-side analysts forecast that Medical Properties Trust, Inc. will post 1.34 EPS for the current year.
Several hedge funds have recently added to or reduced their stakes in MPW. Lenox Wealth Advisors LLC bought a new stake in shares of Medical Properties Trust in the 3rd quarter valued at approximately $31,000. Cullen Frost Bankers Inc. grew its stake in shares of Medical Properties Trust by 70.9% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,832 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 760 shares during the period. Manchester Financial Inc. bought a new stake in shares of Medical Properties Trust in the 2nd quarter valued at approximately $33,000. Cascade Investment Advisors Inc. bought a new stake in shares of Medical Properties Trust in the 2nd quarter valued at approximately $35,000. Finally, Private Ocean LLC bought a new stake in shares of Medical Properties Trust in the 3rd quarter valued at approximately $50,000. Institutional investors own 71.90% of the company’s stock.
MPW has been the subject of several recent research reports. Barclays set a $22.00 price target on Medical Properties Trust and gave the company a “buy” rating in a report on Monday, October 21st. Stifel Nicolaus set a $21.00 price target on Medical Properties Trust and gave the company a “buy” rating in a report on Monday, August 12th. Zacks Investment Research raised Medical Properties Trust from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a report on Wednesday, October 16th. Bank of America initiated coverage on Medical Properties Trust in a report on Monday, October 14th. They issued a “neutral” rating and a $19.50 price target for the company. Finally, JPMorgan Chase & Co. set a $21.00 price target on Medical Properties Trust and gave the company a “buy” rating in a report on Wednesday, September 4th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Medical Properties Trust presently has a consensus rating of “Buy” and a consensus target price of $20.18.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
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