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

Medical Properties Trust (NYSE:MPW) was upgraded by equities research analysts at Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report issued on Wednesday, Marketbeat Ratings reports. The firm presently has a $5.00 price target on the real estate investment trust’s stock, up from their prior price target of $2.00. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 4.17% from the stock’s previous close.

MPW has been the topic of several other reports. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a research note on Friday, March 1st. Mizuho lowered their target price on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 3rd. Truist Financial boosted their target price on Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research note on Monday, April 8th. StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Finally, KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Five investment 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 MarketBeat, Medical Properties Trust currently has an average rating of “Hold” and a consensus target price of $5.75.

Medical Properties Trust Stock Performance

Shares of MPW traded up $0.18 during mid-day trading on Wednesday, hitting $4.80. The stock had a trading volume of 9,841,556 shares, compared to its average volume of 22,949,797. The firm has a market cap of $2.88 billion, a P/E ratio of -5.11, a PEG ratio of 1.41 and a beta of 1.20. The business has a fifty day moving average price of $4.11 and a 200-day moving average price of $4.36. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. Medical Properties Trust has a 52 week low of $2.92 and a 52 week high of $10.74.

Hedge Funds Weigh In On Medical Properties Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. bought a new stake in Medical Properties Trust during the third quarter worth about $28,000. Future Financial Wealth Managment LLC bought a new stake in Medical Properties Trust during the first quarter worth about $38,000. Tucker Asset Management LLC lifted its stake in Medical Properties Trust by 2,447.6% during the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 7,661 shares during the last quarter. Cetera Trust Company N.A bought a new stake in Medical Properties Trust during the fourth quarter worth about $43,000. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in Medical Properties Trust by 861.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 8,615 shares during the last quarter. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Medical Properties Trust Company Profile

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.