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 note issued to investors on Wednesday, Marketbeat.com reports. The firm currently has a $5.00 price objective on the real estate investment trust’s stock, up from their prior price objective of $2.00. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 4.17% from the company’s current price.

A number of other research analysts have also weighed in on the company. Colliers Securities lowered Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their price objective for the company from $10.00 to $4.25 in a research report on Wednesday, April 10th. StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Truist Financial lifted their price target on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research report on Monday, April 8th. Royal Bank of Canada dropped their price target on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Finally, BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target for the company in a research report on Friday, March 1st. Five analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.75.

Medical Properties Trust Price Performance

NYSE:MPW traded up $0.18 on Wednesday, reaching $4.80. 9,841,556 shares of the company’s stock traded hands, compared to its average volume of 22,949,797. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. The stock has a 50-day simple moving average of $4.11 and a 200-day simple moving average of $4.36. The firm has a market cap of $2.88 billion, a PE ratio of -5.11, a P/E/G ratio of 1.41 and a beta of 1.20. Medical Properties Trust has a 12 month low of $2.92 and a 12 month high of $10.74.

Institutional Investors Weigh In On Medical Properties Trust

Several hedge funds have recently added to or reduced their stakes in MPW. Advisors Asset Management Inc. purchased a new stake in Medical Properties Trust in the third quarter valued at $28,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Medical Properties Trust during the 1st quarter worth about $38,000. Tucker Asset Management LLC boosted its stake in shares of Medical Properties Trust by 2,447.6% during the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 7,661 shares in the last quarter. Cetera Trust Company N.A purchased a new stake in shares of Medical Properties Trust during the 4th quarter worth about $43,000. Finally, Cary Street Partners Investment Advisory LLC boosted its stake in shares of Medical Properties Trust by 861.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 8,615 shares in the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

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.