Deutsche Bank Initiates Coverage on Medical Properties Trust to Buy

Deutsche Bank Initiates Coverage on Medical Properties Trust(NYSE:MPW). The shares have been rated Buy. The rating by Deutsche Bank was issued on Jul 22, 2016.

Medical Properties Trust (MPW) made into the market gainers list on Thursdays trading session with the shares advancing 0.45% or 0.07 points. Due to strong positive momentum, the stock ended at $15.59, which is also near the day’s high of $15.77. The stock began the session at $15.48 and the volume stood at 13,46,321 shares. The 52-week high of the shares is $15.915 and the 52 week low is $9.61. The company has a current market capitalization of $3,708 M and it has 23,78,71,520 shares in outstanding.

Medical Properties Trust(MPW) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $135.00M. Analysts had an estimated revenue of $131.74M. Earnings per share were $0.35. Analysts had estimated an EPS of $0.35.

Several Insider Transactions has been reported to the SEC. On Jun 16, 2016, Emmett E Mclean (Executive Vice President & COO) sold 50,000 shares at $14.67 per share price.Also, On Jun 15, 2016, R Steven Hamner (Executive Vice President & CFO) sold 68,000 shares at $14.74 per share price.On May 31, 2016, Sherry A Kellett (director) sold 24,000 shares at $14.46 per share price, according to the Form-4 filing with the securities and exchange commission.

Medical Properties Trust Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. 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. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Company’s portfolio consists of 202 properties which includes 179 facilities that the Company owns and 14 properties controlled in the form of mortgage loans. The properties are leased/mortgaged to 29 tenants located in 28 states and Germany United Kingdom Italy and Spain. Of the total portfolio 9 facilities are under development. Its facilities consist of 64 general acute care hospitals 69 inpatient rehabilitation hospitals 23 long-term acute care hospitals 43 free standing emergency rooms and 3 medical office buildings.

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