Medical Properties Trust (NYSE:MPW) : The most positive equity analysts on Medical Properties Trust (NYSE:MPW) expects the shares to touch $18, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $14.67 with an expected fluctuation of $2.89 from the mean.
Shares of Medical Properties Trust Inc. rose by 0.53% in the last five trading days and 5.29% for the last 4 weeks. Medical Properties Trust Inc. is up 20.01% in the last 3-month period. Year-to-Date the stock performance stands at 36.6%.
Medical Properties Trust (NYSE:MPW) : The consensus on Medical Properties Trust (NYSE:MPW) based on 6 analyst recommendation on the company stock is 2.83, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Medical Properties Trust (NYSE:MPW).
Medical Properties Trust (NYSE:MPW): The stock opened at $15.47 on Thursday but the bulls could not build on the opening and the stock topped out at $15.50 for the day. The stock traded down to $15.03 during the day, due to lack of any buying support eventually closed down at $15.21 with a loss of -1.81% for the day. The stock had closed at $15.49 on the previous day. The total traded volume was 10,929,441 shares.
In an insider trading activity,The officer (Executive Vice President & COO) of Medical Properties Trust Inc, Mclean Emmett E sold 50,000 shares at $14.67 on June 16, 2016. The Insider selling transaction had a total value worth of $733,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. The Company conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Companys portfolio consists of 138 properties, which include 117 facilities (of the 130 facilities that the Company owns) leased to 27 tenants, 13 under development and the remaining assets in the form of mortgage loans to three operators. The Companys facilities consist of 73 general acute care hospitals, 23 long-term acute care hospitals, 33 inpatient rehabilitation hospitals, three medical office buildings and six wellness centers.