Medical Properties Trust (NYSE:MPW) Price Target Cut to $5.00 by Analysts at Mizuho

Medical Properties Trust (NYSE:MPW) had its target price lowered by analysts at Mizuho from $6.00 to $5.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price target would suggest a potential upside of 20.63% from the stock’s current price.

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

Medical Properties Trust Price Performance

Shares of MPW stock opened at $4.15 on Thursday. Medical Properties Trust has a 1-year low of $2.92 and a 1-year high of $6.55. The stock’s 50-day moving average is $4.69 and its 200 day moving average is $4.85. The company has a market cap of $2.49 billion, a P/E ratio of -0.98, a PEG ratio of 0.65 and a beta of 1.29. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.

Insider Buying and Selling

In related news, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total transaction of $178,978.80. Following the completion of the sale, the director now owns 221,245 shares of the company’s stock, valued at $1,207,997.70. The trade was a 12.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Elizabeth N. Pitman bought 8,087 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average cost of $6.01 per share, with a total value of $48,602.87. Following the acquisition, the director now directly owns 76,740 shares of the company’s stock, valued at approximately $461,207.40. This trade represents a 11.78 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.53% of the company’s stock.

Institutional Investors Weigh In On Medical Properties Trust

A number of institutional investors and hedge funds have recently modified their holdings of the company. Future Financial Wealth Managment LLC purchased a new position in Medical Properties Trust during the third quarter valued at approximately $29,000. Truvestments Capital LLC purchased a new position in Medical Properties Trust during the third quarter valued at approximately $31,000. Iron Horse Wealth Management LLC raised its position in Medical Properties Trust by 166.7% during the second quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 5,000 shares in the last quarter. GAMMA Investing LLC raised its position in Medical Properties Trust by 107.3% during the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 3,145 shares in the last quarter. Finally, Gateway Investment Advisers LLC purchased a new position in Medical Properties Trust during the second quarter valued at approximately $45,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

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.