MedEquities Realty Trust Inc (NYSE:MRT)‘s stock had its “buy” rating reissued by investment analysts at FBR & Co in a note issued to investors on Wednesday.

A number of other research analysts have also recently commented on MRT. RBC Capital Markets assumed coverage on MedEquities Realty Trust in a research note on Monday, October 24th. They issued an “outperform” rating and a $13.00 price target for the company. Royal Bank Of Canada assumed coverage on MedEquities Realty Trust in a research note on Monday, October 24th. They issued an “outperform” rating and a $13.00 price target for the company. JMP Securities assumed coverage on MedEquities Realty Trust in a research note on Monday, October 24th. They issued an “outperform” rating and a $13.00 price target for the company. Citigroup Inc. assumed coverage on MedEquities Realty Trust in a research report on Monday, October 24th. They set a “neutral” rating and a $12.00 target price for the company. They noted that the move was a valuation call. Finally, Raymond James Financial Inc. assumed coverage on MedEquities Realty Trust in a research report on Monday, October 24th. They set an “outperform” rating and a $13.00 target price for the company. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $13.00.

Analyst Recommendations for MedEquities Realty Trust (NYSE:MRT)

Shares of MedEquities Realty Trust (NYSE:MRT) opened at 10.51 on Wednesday. MedEquities Realty Trust has a one year low of $10.28 and a one year high of $12.05. The company has a market capitalization of $118.24 million and a price-to-earnings ratio of 250.24. The stock has a 50 day moving average price of $11.52 and a 200-day moving average price of $11.52.

In other MedEquities Realty Trust news, Director Randy L. Churchey purchased 15,000 shares of the firm’s stock in a transaction on Tuesday, October 4th. The stock was purchased at an average cost of $12.00 per share, for a total transaction of $180,000.00. Following the acquisition, the director now owns 39,720 shares in the company, valued at approximately $476,640. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO David L. Travis purchased 2,500 shares of the firm’s stock in a transaction on Tuesday, October 4th. The shares were acquired at an average price of $12.00 per share, with a total value of $30,000.00. Following the completion of the acquisition, the chief accounting officer now owns 15,934 shares in the company, valued at approximately $191,208. The disclosure for this purchase can be found here.

A number of hedge funds have recently modified their holdings of the company. Morgan Stanley acquired a new stake in shares of MedEquities Realty Trust during the third quarter worth $2,004,000. Emerald Acquisition Ltd. acquired a new stake in shares of MedEquities Realty Trust during the third quarter worth $1,552,000. Tamarack Advisers LP acquired a new stake in shares of MedEquities Realty Trust during the third quarter worth $1,769,000. Boston Partners acquired a new stake in shares of MedEquities Realty Trust during the third quarter worth $11,098,000. Finally, SG Americas Securities LLC acquired a new stake in shares of MedEquities Realty Trust during the third quarter worth $238,000.

MedEquities Realty Trust Company Profile

MedEquities Realty Trust, Inc is a self-managed and self-administered company. The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company owns, acquires and finances healthcare-related properties. The Company primarily invests in various types of healthcare properties, such as acute care hospitals, short stay surgical and specialty hospitals (such as those focusing on orthopedic, heart, and other dedicated surgeries and specialty procedures), dedicated specialty hospitals (such as inpatient rehabilitation facilities, long-term acute care hospitals and facilities providing psychiatric care), skilled nursing facilities, physician group practice clinics, diagnostic facilities, outpatient surgery centers and facilities that support these services, such as medical office buildings.

5 Day Chart for NYSE:MRT

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