Medical Properties Trust (NYSE:MPW) Stock Price Down 0.9%

Shares of Medical Properties Trust, Inc. (NYSE:MPW) were down 0.9% during mid-day trading on Wednesday . The company traded as low as $4.56 and last traded at $4.60. Approximately 3,252,210 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 22,313,182 shares. The stock had previously closed at $4.64.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MPW shares. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a research report on Friday, March 1st. Mizuho cut their target price on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating for the company in a research report on Wednesday, January 3rd. KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and raised their target price for the company from $2.00 to $5.00 in a research note on Wednesday, April 17th. Finally, StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Medical Properties Trust currently has an average rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Stock Up 0.4 %

The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of -4.86, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20. The firm’s 50-day simple moving average is $4.27 and its 200-day simple moving average is $4.35.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be given a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 annualized dividend and a yield of 13.10%. Medical Properties Trust’s dividend payout ratio is -63.83%.

Institutional Trading of Medical Properties Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Private Trust Co. NA boosted its position in shares of Medical Properties Trust by 369.0% during the 3rd quarter. Private Trust Co. NA now owns 15,987 shares of the real estate investment trust’s stock valued at $87,000 after acquiring an additional 12,578 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in shares of Medical Properties Trust by 46.2% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 436,610 shares of the real estate investment trust’s stock valued at $2,380,000 after acquiring an additional 137,925 shares in the last quarter. Linden Thomas Advisory Services LLC boosted its position in shares of Medical Properties Trust by 49.3% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 51,485 shares of the real estate investment trust’s stock valued at $281,000 after acquiring an additional 16,998 shares in the last quarter. Lake Street Financial LLC boosted its position in shares of Medical Properties Trust by 4.9% during the 3rd quarter. Lake Street Financial LLC now owns 364,650 shares of the real estate investment trust’s stock valued at $1,907,000 after acquiring an additional 16,954 shares in the last quarter. Finally, Edmp Inc. boosted its position in shares of Medical Properties Trust by 450.9% during the 3rd quarter. Edmp Inc. now owns 339,981 shares of the real estate investment trust’s stock valued at $1,853,000 after acquiring an additional 278,269 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.