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

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MPW shares. Royal Bank of Canada dropped their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 20th. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. BNP Paribas raised 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 report on Friday, March 1st. Colliers Securities downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Medical Properties Trust in a report on Friday, January 5th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $5.75.

Medical Properties Trust Stock Up 0.4 %

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

Medical Properties Trust Dividend Announcement

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

Hedge Funds Weigh In On Medical Properties Trust

Several hedge funds and other institutional investors have recently made changes to their positions in MPW. Private Trust Co. NA raised its position in shares of Medical Properties Trust by 369.0% in 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 buying an additional 12,578 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its position in shares of Medical Properties Trust by 46.2% in 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 buying an additional 137,925 shares in the last quarter. Linden Thomas Advisory Services LLC raised its position in shares of Medical Properties Trust by 49.3% in 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 buying an additional 16,998 shares in the last quarter. Lake Street Financial LLC raised its position in shares of Medical Properties Trust by 4.9% in 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 buying an additional 16,954 shares in the last quarter. Finally, Edmp Inc. raised its position in shares of Medical Properties Trust by 450.9% in the 3rd quarter. Edmp Inc. now owns 339,981 shares of the real estate investment trust’s stock valued at $1,853,000 after buying 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.