The stock of Medical Properties Trust, Inc. (NYSE:MPW) is a huge mover today! About 1.87M shares traded hands. Medical Properties Trust, Inc. (NYSE:MPW) has declined 10.06% since April 11, 2016 and is downtrending. It has underperformed by 16.21% the S&P500.
The move comes after 8 months positive chart setup for the $3.65 billion company. It was reported on Nov, 11 by Barchart.com. We have $17.60 PT which if reached, will make NYSE:MPW worth $1.75 billion more.
Medical Properties Trust, Inc. (NYSE:MPW) Ratings Coverage
Out of 7 analysts covering Medical Properties Trust (NYSE:MPW), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. Medical Properties Trust has been the topic of 10 analyst reports since September 17, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, November 7 report. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, November 9 report. The firm earned “Market Perform” rating on Friday, July 1 by JMP Securities. The firm has “Buy” rating given on Tuesday, May 24 by Suntrust Robinson. The rating was initiated by BTIG Research on Thursday, August 25 with “Neutral”. The stock of Medical Properties Trust, Inc. (NYSE:MPW) earned “Hold” rating by Jefferies on Tuesday, January 12. The firm has “Buy” rating by Deutsche Bank given on Friday, July 22.
According to Zacks Investment Research, “Medical Properties Trust, Inc. is a Birmingham, Alabama based self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. These facilities include inpatient rehabilitation hospitals, long-term acute care hospitals, regional and community hospitals, women’s and children’s hospitals, skilled nursing facilities, ambulatory surgery centers, and other single-discipline healthcare facilities, such as heart hospitals, orthopedic hospitals and cancer centers.”
Insitutional Activity: The institutional sentiment decreased to 1.18 in Q2 2016. Its down 0.06, from 1.24 in 2016Q1. The ratio is negative, as 23 funds sold all Medical Properties Trust, Inc. shares owned while 92 reduced positions. 49 funds bought stakes while 87 increased positions. They now own 192.58 million shares or 1.44% more from 189.84 million shares in 2016Q1.
Natl Asset Mngmt Incorporated last reported 11,295 shares in the company. Amp Capital Invsts Limited last reported 0% of its portfolio in the stock. Moreover, Morgan Stanley has 0.01% invested in Medical Properties Trust, Inc. (NYSE:MPW) for 940,664 shares. Qs Invsts Ltd Liability has invested 0% of its portfolio in Medical Properties Trust, Inc. (NYSE:MPW). Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Medical Properties Trust, Inc. (NYSE:MPW) for 13,358 shares. Cambridge Invest Advsr holds 0.02% of its portfolio in Medical Properties Trust, Inc. (NYSE:MPW) for 47,119 shares. Brown Advisory last reported 20,844 shares in the company. Prudential Financial, a New Jersey-based fund reported 183,253 shares. Schroder Investment Mngmt Gp accumulated 0% or 31,740 shares. Shufro Rose & Comm Limited Liability Com has 43,966 shares for 0.07% of their US portfolio. Parkside Fincl Bank has 0% invested in the company for 464 shares. Amalgamated Financial Bank has 0.03% invested in the company for 29,178 shares. The Illinois-based Lsv Asset has invested 0.05% in Medical Properties Trust, Inc. (NYSE:MPW). Impact Llc has 73,125 shares for 0.52% of their US portfolio. Next Financial holds 0% or 1,000 shares in its portfolio.
Insider Transactions: Since May 26, 2016, the stock had 0 insider buys, and 5 selling transactions for $3.01 million net activity. The insider KELLETT SHERRY A sold 24,000 shares worth $347,040. $776,000 worth of shares were sold by Aldag Edward K JR on Tuesday, August 9. 10,000 shares were sold by DAWSON G STEVEN, worth $153,600 on Friday, August 19. On Thursday, June 16 McLean Emmett E sold $733,500 worth of the stock or 50,000 shares. HAMNER R STEVEN had sold 68,000 shares worth $1.00M.
More recent Medical Properties Trust, Inc. (NYSE:MPW) news were published by: Businesswire.com which released: “Medical Properties Trust, Inc. Declares Regular Quarterly Dividend of $0.23 …” on November 10, 2016. Also Businesswire.com published the news titled: “Medical Properties Trust, Inc. Reports Third Quarter Results” on November 03, 2016. Nasdaq.com‘s news article titled: “Medical Properties Trust is Oversold” with publication date: November 02, 2016 was also an interesting one.
MPW Company Profile
Medical Properties Trust, Inc., incorporated on August 27, 2003, is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. The Firm conducts all of its business through MPT Operating Partnership, L.P. The Firm acquires and develops healthcare facilities, and leases the facilities to healthcare operating companies under long-term net leases. The Firm also makes mortgage loans to healthcare operators collateralized by their real estate assets. In addition, the Company makes loans to certain of its operators through its taxable REIT subsidiaries.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.