Deutsche Bank Aktiengesellschaft Upgrades Medical Properties Trust (NYSE:MPW) to “Hold”

Medical Properties Trust (NYSE:MPW) was upgraded by Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, MarketBeat Ratings reports. The firm currently has a $5.00 target price on the real estate investment trust’s stock, up from their previous target price of $2.00. Deutsche Bank Aktiengesellschaft’s price target points to a potential downside of 0.20% from the company’s previous close.

MPW has been the subject of several other research reports. Royal Bank of Canada cut their target price on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. Truist Financial upped their target price on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research note on Monday, April 8th. KeyCorp reaffirmed a “sector weight” rating on shares of Medical Properties Trust in a research note on Friday, January 5th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a research note on Friday, March 1st. Finally, Colliers Securities lowered Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their target price for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.75.

Medical Properties Trust Stock Up 5.0 %

Shares of NYSE MPW opened at $5.01 on Wednesday. Medical Properties Trust has a 12 month low of $2.92 and a 12 month high of $10.74. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of -5.33, a PEG ratio of 1.37 and a beta of 1.20. The business has a 50-day moving average of $4.18 and a 200-day moving average of $4.37.

Institutional Trading of Medical Properties Trust

A number of large investors have recently added to or reduced their stakes in the company. Covestor Ltd boosted its holdings in shares of Medical Properties Trust by 94.8% in the 1st quarter. Covestor Ltd now owns 4,505 shares of the real estate investment trust’s stock worth $95,000 after purchasing an additional 2,192 shares during the period. Harbour Investments Inc. boosted its holdings in shares of Medical Properties Trust by 1,247.4% in the 4th quarter. Harbour Investments Inc. now owns 4,608 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 4,266 shares during the period. First Manhattan Co. purchased a new position in shares of Medical Properties Trust in the 1st quarter worth approximately $98,000. Advisors Asset Management Inc. purchased a new position in shares of Medical Properties Trust in the 3rd quarter worth approximately $28,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Medical Properties Trust by 43.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,402 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,649 shares during the period. Institutional investors 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.