MedEquities Realty Trust Inc. (NYSE:MRT)‘s stock had its “buy” rating reissued by equities researchers at B. Riley in a note issued to investors on Wednesday.

MRT has been the topic of several other research reports. KeyCorp set a $13.00 price target on MedEquities Realty Trust and gave the company a “buy” rating in a research note on Sunday, October 29th. Capital One Financial Corporation assumed coverage on MedEquities Realty Trust in a research note on Monday, October 23rd. They issued an “equal weight” rating and a $13.00 price target on the stock. Zacks Investment Research upgraded MedEquities Realty Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Cantor Fitzgerald assumed coverage on MedEquities Realty Trust in a research note on Thursday, August 31st. They issued an “overweight” rating and a $14.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $13.00.

Shares of MedEquities Realty Trust (NYSE:MRT) traded down $1.67 on Wednesday, hitting $10.27. The stock had a trading volume of 457,984 shares, compared to its average volume of 168,870. MedEquities Realty Trust has a one year low of $10.28 and a one year high of $13.06. The company has a market cap of $375.89, a price-to-earnings ratio of 9.39 and a beta of -0.70.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of MedEquities Realty Trust by 10.8% during the 1st quarter. Vanguard Group Inc. now owns 1,095,341 shares of the financial services provider’s stock valued at $12,278,000 after acquiring an additional 106,394 shares in the last quarter. Prudential Financial Inc. boosted its holdings in shares of MedEquities Realty Trust by 2.1% during the 2nd quarter. Prudential Financial Inc. now owns 2,522,338 shares of the financial services provider’s stock valued at $31,832,000 after acquiring an additional 52,622 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of MedEquities Realty Trust by 59.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,191,484 shares of the financial services provider’s stock valued at $24,567,000 after acquiring an additional 813,540 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of MedEquities Realty Trust by 10.3% during the 2nd quarter. American Century Companies Inc. now owns 1,551,947 shares of the financial services provider’s stock valued at $19,586,000 after acquiring an additional 145,427 shares in the last quarter. Finally, Foundry Partners LLC boosted its holdings in shares of MedEquities Realty Trust by 32.9% during the 2nd quarter. Foundry Partners LLC now owns 483,390 shares of the financial services provider’s stock valued at $6,100,000 after acquiring an additional 119,585 shares in the last quarter. 93.04% of the stock is currently owned by institutional investors.

MedEquities Realty Trust Company Profile

MedEquities Realty Trust, Inc is a real estate investment trust (REIT). The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company invests primarily in real estate across the acute and post-acute spectrum of care. It focuses on investing in various types of healthcare properties, including acute care hospitals; skilled nursing facilities; short-stay surgical and specialty hospitals, which focus 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; physician clinics; diagnostic facilities; outpatient surgery centers, and facilities that support these services, such as medical office buildings.

Analyst Recommendations for MedEquities Realty Trust (NYSE:MRT)

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