Medical Properties Trust (NYSE:MPW) Shares Down 0.2%

Medical Properties Trust, Inc. (NYSE:MPW)’s share price was down 0.2% during mid-day trading on Thursday . The stock traded as low as $4.62 and last traded at $4.71. Approximately 11,029,190 shares traded hands during trading, a decline of 54% from the average daily volume of 24,169,688 shares. The stock had previously closed at $4.72.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on MPW shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Medical Properties Trust in a report on Tuesday, January 30th. They set a “sell” rating and a $2.00 price target on the stock. StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Royal Bank of Canada reduced their target price on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. JPMorgan Chase & Co. reduced their target price on shares of Medical Properties Trust from $8.00 to $5.00 and set an “underweight” rating on the stock in a report on Wednesday, November 29th. Finally, Mizuho reduced their target price on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. Six investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $6.59.

Medical Properties Trust Stock Performance

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 stock has a market cap of $2.82 billion, a P/E ratio of -5.00, a price-to-earnings-growth ratio of 1.12 and a beta of 1.19. The company’s 50 day moving average price is $3.80 and its 200-day moving average price is $4.52.

Hedge Funds Weigh In On Medical Properties Trust

Several institutional investors have recently added to or reduced their stakes in MPW. HighTower Advisors LLC boosted its position in Medical Properties Trust by 8.2% during the first quarter. HighTower Advisors LLC now owns 83,236 shares of the real estate investment trust’s stock worth $1,755,000 after purchasing an additional 6,318 shares during the period. AlphaCrest Capital Management LLC boosted its position in Medical Properties Trust by 147.1% during the first quarter. AlphaCrest Capital Management LLC now owns 21,434 shares of the real estate investment trust’s stock worth $453,000 after purchasing an additional 12,761 shares during the period. Raymond James Trust N.A. boosted its position in Medical Properties Trust by 15.4% during the first quarter. Raymond James Trust N.A. now owns 37,749 shares of the real estate investment trust’s stock worth $798,000 after purchasing an additional 5,046 shares during the period. Cibc World Market Inc. boosted its position in Medical Properties Trust by 11.3% during the first quarter. Cibc World Market Inc. now owns 38,588 shares of the real estate investment trust’s stock worth $816,000 after purchasing an additional 3,922 shares during the period. Finally, Sei Investments Co. boosted its position in Medical Properties Trust by 43.9% during the first quarter. Sei Investments Co. now owns 807,982 shares of the real estate investment trust’s stock worth $17,067,000 after purchasing an additional 246,411 shares during the period. Institutional investors 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.