Medical Properties Trust Inc
Frances Clayton | February 17, 2017, 0:07
(NYSE:MPW)'s stock to Underweight with no specific Price Target.
03/07/2016 - Corporate Office Properties Trust had its "hold" rating reiterated by analysts at Jefferies. Finally, JMP Securities restated a hold rating on shares of Medical Properties Trust in a research note on Monday, November 28th. They set a hold rating and a $12.00 price objective for the company. This rating was issued on 12/16/16. Mitsubishi UFJ Financial Group assumed coverage on shares of Medical Properties Trust in a research note on Sunday, December 18th. During the trading on 02/14/2017, Company's stock ranged from $13.06 to $13.30. The stock gained a consensus recommendation of 3.09 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.
MPW was trading -13.77% below its 52-week high and 41.19% above its 52-week low. The stock is now trading -0.68 percent higher from its SMA-50. The firm has a 50-day moving average of $12.20 and a 200-day moving average of $14.10. The stock has 52-week high of $15.92 and 52-week low of $10.05.
Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, February 9th. For the Current Quarter, 13 analysts are projecting the mean EPS to be $0.34/share. Last year, it had about $135 million of revenue. Medical Properties Trust had a return on equity of 10.03% and a net margin of 46.26%. Over the trailing year, the stock is underperforming the S&P 500 by 22.83, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange.
EPS growth in next year is estimated to reach 3.95% while EPS growth estimate for this year is set at 35.50%. According to these analysts, the Low Revenue Estimate for Corporate Office Properties Trust is 125.54 Million and the High Revenue Estimate is 146.16 Million. If you are reading this report on another domain, it was illegally stolen and republished in violation of US & global trademark & copyright law.
The share price of the company (NYSE:OFC) was down -0.75%, with a high of 33.16 during the day and the volume of Corporate Office Properties Trust shares traded was 2983851.
In related news, VP James Kevin Hanna sold 10,000 shares of the firm's stock in a transaction on Wednesday, January 4th. The stock was trading on below-average volume. The company has a total of 316.03 Million shares outstanding. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Large investors have recently made changes to their positions in the stock.
Among analysts who offered their Analysis on Medical Properties Trust Inc. Oakbrook Investments LLC bought a new position in shares of Medical Properties Trust during the third quarter valued at approximately $148,000. The Stock has YTD (year to date) performance of 8.05 percent. Advisory Services Network LLC raised its position in Medical Properties Trust by 2.8% in the second quarter. BlackRock Fund Advisors now owns 15,903,920 shares of the real estate investment trust's stock valued at $234,901,000 after buying an additional 2,413,502 shares in the last quarter.
Corporate Office Properties Trust (NYSE:OFC) had its price target hoisted by equities researchers at Mizuho from $34.00 to $38.00 in a report issued on Monday.
Corporate Office Properties Trust is a fully-integrated and self-managed real estate investment trust that focuses principally on the ownership, management, leasing, acquisition and development of suburban office buildings located in select submarkets in the Mid-Atlantic region of the United States. It 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.