Medical Properties Trust (NYSE:MPW) Shares Up 2.5%

Shares of Medical Properties Trust, Inc. (NYSE:MPW) traded up 2.5% during mid-day trading on Thursday . The company traded as high as $4.94 and last traded at $4.89. 4,226,800 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 22,724,980 shares. The stock had previously closed at $4.77.

Analyst Ratings Changes

MPW has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and raised their target price for the stock from $2.00 to $5.00 in a research note on Wednesday. Royal Bank of Canada dropped their price target on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target for the company in a report on Friday, March 1st. KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a report on Friday, January 5th. Finally, Mizuho cut their target price on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating for the company in a research note on Wednesday, January 3rd. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $5.75.

Medical Properties Trust Stock Performance

The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of -4.71, a P/E/G ratio of 1.51 and a beta of 1.20. 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 firm has a 50-day simple moving average of $4.20 and a two-hundred day simple moving average of $4.36.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be issued a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 annualized dividend and a yield of 13.54%. Medical Properties Trust’s dividend payout ratio (DPR) is -63.83%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in shares of Medical Properties Trust by 1.4% during the first quarter. Cetera Investment Advisers now owns 84,116 shares of the real estate investment trust’s stock worth $1,778,000 after purchasing an additional 1,164 shares in the last quarter. Guardian Wealth Management Inc. boosted its position in shares of Medical Properties Trust by 2.3% during the 1st quarter. Guardian Wealth Management Inc. now owns 57,304 shares of the real estate investment trust’s stock worth $1,211,000 after acquiring an additional 1,269 shares in the last quarter. CreativeOne Wealth LLC boosted its position in shares of Medical Properties Trust by 9.2% during the 2nd quarter. CreativeOne Wealth LLC now owns 18,184 shares of the real estate investment trust’s stock worth $168,000 after acquiring an additional 1,534 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Medical Properties Trust by 43.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,402 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 1,649 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its position in shares of Medical Properties Trust by 1.3% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 130,923 shares of the real estate investment trust’s stock worth $1,458,000 after acquiring an additional 1,684 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

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.