Medical Properties Trust (NYSE:MPW) Given New $5.00 Price Target at Mizuho

Medical Properties Trust (NYSE:MPW) had its price target reduced by research analysts at Mizuho from $6.00 to $5.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price objective points to a potential upside of 18.91% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Truist Financial boosted their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a research report on Friday, September 13th. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective for the company in a research report on Friday, September 13th. Finally, Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $5.25.

Medical Properties Trust Trading Down 0.8 %

Shares of Medical Properties Trust stock opened at $4.21 on Thursday. The firm has a 50-day moving average of $4.76 and a 200-day moving average of $4.86. The stock has a market cap of $2.52 billion, a PE ratio of -1.00, a PEG ratio of 0.65 and a beta of 1.29. Medical Properties Trust has a 52-week low of $2.92 and a 52-week 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.

Insider Transactions at Medical Properties Trust

In other news, Director Elizabeth N. Pitman acquired 8,087 shares of the stock in a transaction dated Wednesday, September 18th. The stock was bought at an average price of $6.01 per share, with a total value of $48,602.87. Following the completion of the purchase, the director now directly owns 76,740 shares of the company’s stock, valued at $461,207.40. This represents a 11.78 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael G. Stewart sold 32,780 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the transaction, the director now directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. This represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.53% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sanctuary Advisors LLC increased its stake in shares of Medical Properties Trust by 172.7% in the third quarter. Sanctuary Advisors LLC now owns 33,758 shares of the real estate investment trust’s stock valued at $197,000 after buying an additional 21,379 shares during the period. McIlrath & Eck LLC acquired a new stake in Medical Properties Trust during the 3rd quarter valued at approximately $82,000. Sunbelt Securities Inc. increased its position in Medical Properties Trust by 1.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 411,942 shares of the real estate investment trust’s stock valued at $2,410,000 after purchasing an additional 5,705 shares during the period. M&T Bank Corp increased its position in Medical Properties Trust by 15.5% during the 3rd quarter. M&T Bank Corp now owns 332,921 shares of the real estate investment trust’s stock valued at $1,948,000 after purchasing an additional 44,597 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its position in Medical Properties Trust by 1.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 771,000 shares of the real estate investment trust’s stock valued at $4,510,000 after purchasing an additional 8,300 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.