Medical Properties Trust (NYSE:MPW) Raised to Hold at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust (NYSE:MPW) from a sell rating to a hold rating in a research report report published on Wednesday morning, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has $5.00 target price on the real estate investment trust’s stock, up from their previous target price of $2.00.

MPW has been the topic of a number of other research reports. BNP Paribas raised shares of Medical Properties Trust from a neutral rating to an outperform rating and set a $6.00 price target on the stock in a report on Friday, March 1st. Royal Bank of Canada lowered their price target 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. Truist Financial lifted their price target on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a hold rating in a report on Monday, April 8th. Colliers Securities cut shares of Medical Properties Trust from a buy rating to a neutral rating and lowered their price target for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Finally, StockNews.com cut shares of Medical Properties Trust from a hold rating to a sell rating in a report on Thursday, February 22nd. Five research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Medical Properties Trust currently has a consensus rating of Hold and an average target price of $5.75.

Medical Properties Trust Trading Down 11.2 %

NYSE:MPW opened at $4.43 on Wednesday. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. The firm’s 50 day moving average is $4.20 and its 200 day moving average is $4.36. Medical Properties Trust has a 12 month low of $2.92 and a 12 month high of $10.74.

Medical Properties Trust Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Maryland State Retirement & Pension System grew its position in shares of Medical Properties Trust by 476.1% during the 1st quarter. Maryland State Retirement & Pension System now owns 261,179 shares of the real estate investment trust’s stock valued at $1,230,000 after purchasing an additional 215,843 shares in the last quarter. Accel Wealth Management grew its position in Medical Properties Trust by 74.6% in the first quarter. Accel Wealth Management now owns 37,739 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 16,124 shares in the last quarter. First Trust Direct Indexing L.P. purchased a new position in Medical Properties Trust in the first quarter worth $271,000. Norden Group LLC purchased a new position in Medical Properties Trust in the first quarter worth $73,000. Finally, Lake Street Private Wealth LLC grew its position in Medical Properties Trust by 14.8% in the first quarter. Lake Street Private Wealth LLC now owns 424,250 shares of the real estate investment trust’s stock worth $1,994,000 after acquiring an additional 54,650 shares in the last quarter. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

About Medical Properties Trust

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.