Mitsubishi UFJ Financial Group Raises Medical Properties Trust (MPW) Price Target to $15.00

Medical Properties Trust (NYSE:MPW) had its target price upped by analysts at Mitsubishi UFJ Financial Group to $15.00 in a note issued to investors on Friday, The Fly reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Mitsubishi UFJ Financial Group’s price target would indicate a potential downside of 2.22% from the company’s current price.

Several other equities research analysts have also commented on the stock. Stifel Nicolaus set a $14.00 target price on shares of Medical Properties Trust and gave the stock a “hold” rating in a research report on Thursday. Zacks Investment Research lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, October 25th. JMP Securities set a $16.00 target price on shares of Medical Properties Trust and gave the stock a “buy” rating in a research report on Monday, October 1st. Finally, Jefferies Financial Group lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating and set a $15.00 target price on the stock. in a research report on Tuesday, July 17th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $14.19.

NYSE:MPW traded down $0.16 during midday trading on Friday, reaching $15.34. The stock had a trading volume of 4,169,652 shares, compared to its average volume of 2,268,082. Medical Properties Trust has a 12-month low of $11.82 and a 12-month high of $15.57. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.92 and a quick ratio of 2.19. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 3.23 and a beta of 0.47.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The firm had revenue of $197.00 million for the quarter, compared to analyst estimates of $192.64 million. Medical Properties Trust had a net margin of 124.88% and a return on equity of 9.06%. Medical Properties Trust’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period last year, the firm posted $0.33 EPS. As a group, analysts expect that Medical Properties Trust will post 1.37 earnings per share for the current fiscal year.

In other Medical Properties Trust news, insider R Steven Hamner sold 35,000 shares of the business’s stock in a transaction on Monday, August 6th. The shares were sold at an average price of $14.73, for a total transaction of $515,550.00. Following the sale, the insider now directly owns 1,114,044 shares in the company, valued at approximately $16,409,868.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael G. Stewart sold 3,409 shares of the business’s stock in a transaction on Tuesday, August 7th. The stock was sold at an average price of $14.76, for a total transaction of $50,316.84. Following the sale, the director now owns 243,439 shares in the company, valued at $3,593,159.64. The disclosure for this sale can be found here. Insiders have sold a total of 165,809 shares of company stock worth $2,456,679 over the last 90 days. Insiders own 0.83% of the company’s stock.

Several large investors have recently added to or reduced their stakes in MPW. Jane Street Group LLC acquired a new position in shares of Medical Properties Trust during the 1st quarter worth $233,000. Guggenheim Capital LLC raised its stake in shares of Medical Properties Trust by 14.6% during the 1st quarter. Guggenheim Capital LLC now owns 121,130 shares of the real estate investment trust’s stock worth $1,575,000 after buying an additional 15,433 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Medical Properties Trust during the 1st quarter worth $242,000. Royal Bank of Canada raised its stake in shares of Medical Properties Trust by 0.5% during the 1st quarter. Royal Bank of Canada now owns 820,608 shares of the real estate investment trust’s stock worth $10,668,000 after buying an additional 4,417 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new position in shares of Medical Properties Trust during the 1st quarter worth $249,000. 76.88% of the stock is owned by institutional investors and hedge funds.

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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