Medical Properties Trust (NYSE:MPW) Shares Down 1.5%

Medical Properties Trust, Inc. (NYSE:MPW) shares dropped 1.5% during mid-day trading on Tuesday . The company traded as low as $4.59 and last traded at $4.67. Approximately 4,590,262 shares changed hands during trading, a decline of 80% from the average daily volume of 23,009,420 shares. The stock had previously closed at $4.74.

Analyst Upgrades and Downgrades

MPW has been the subject of a number of research analyst reports. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target for the company in a research report on Friday, March 1st. StockNews.com downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Truist Financial boosted their target price on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research report on Monday, April 8th. Deutsche Bank Aktiengesellschaft assumed coverage on Medical Properties Trust in a research report on Tuesday, January 30th. They issued a “sell” rating and a $2.00 target price for the company. Finally, Royal Bank of Canada dropped their target price on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Six investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, Medical Properties Trust currently has a consensus rating of “Hold” and an average price target of $5.48.

Medical Properties Trust Stock Performance

The company has a market capitalization of $2.83 billion, a PE ratio of -4.97, a PEG ratio of 1.18 and a beta of 1.20. The company has a 50 day moving average of $4.08 and a two-hundred day moving average of $4.37. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be paid a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 annualized dividend and a yield of 12.68%. Medical Properties Trust’s payout ratio is -63.83%.

Institutional Investors Weigh In On Medical Properties Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MPW. Future Financial Wealth Managment LLC purchased a new stake in shares of Medical Properties Trust in the first quarter worth $38,000. Brookstone Capital Management purchased a new stake in shares of Medical Properties Trust in the first quarter worth $56,000. Sunbelt Securities Inc. lifted its holdings in shares of Medical Properties Trust by 40.0% during the first quarter. Sunbelt Securities Inc. now owns 385,145 shares of the real estate investment trust’s stock valued at $1,810,000 after purchasing an additional 109,967 shares in the last quarter. Hoxton Planning & Management LLC lifted its holdings in shares of Medical Properties Trust by 49.2% during the first quarter. Hoxton Planning & Management LLC now owns 45,010 shares of the real estate investment trust’s stock valued at $212,000 after purchasing an additional 14,846 shares in the last quarter. Finally, Ballentine Partners LLC lifted its holdings in shares of Medical Properties Trust by 21.7% during the first quarter. Ballentine Partners LLC now owns 32,316 shares of the real estate investment trust’s stock valued at $152,000 after purchasing an additional 5,773 shares in the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

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.