Medical Properties Trust (NYSE:MPW) Stock Price Down 4.7%

Medical Properties Trust, Inc. (NYSE:MPW) was down 4.7% during trading on Monday . The stock traded as low as $4.97 and last traded at $5.06. Approximately 6,417,535 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 19,172,193 shares. The stock had previously closed at $5.31.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on MPW shares. Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their price target for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 18th. Royal Bank of Canada restated a “sector perform” rating and issued a $5.00 target price on shares of Medical Properties Trust in a research report on Tuesday, May 14th. BNP Paribas lowered Medical Properties Trust from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $6.00 to $4.00 in a research report on Tuesday, July 2nd. Finally, Truist Financial boosted their price objective on Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a research note on Thursday, May 30th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.61.

Medical Properties Trust Stock Performance

The firm has a market capitalization of $2.98 billion, a P/E ratio of -2.27, a price-to-earnings-growth ratio of 0.75 and a beta of 1.27. The stock has a 50-day moving average of $4.84 and a 200 day moving average of $4.36. The company has a debt-to-equity ratio of 1.51, a quick ratio of 3.10 and a current ratio of 3.10.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Investors of record on Monday, June 10th were given a dividend of $0.15 per share. The ex-dividend date was Monday, June 10th. This represents a $0.60 dividend on an annualized basis and a yield of 12.07%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

Institutional Investors Weigh In On Medical Properties Trust

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in Medical Properties Trust by 8.2% in the 1st quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust’s stock valued at $437,373,000 after buying an additional 7,084,981 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Medical Properties Trust by 5.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock valued at $44,476,000 after buying an additional 448,118 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Medical Properties Trust by 22.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock valued at $29,775,000 after purchasing an additional 1,274,481 shares during the period. Coatue Management LLC lifted its stake in shares of Medical Properties Trust by 18.5% in the 4th quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock valued at $33,420,000 after purchasing an additional 1,060,830 shares during the period. Finally, Lasalle Investment Management Securities LLC lifted its stake in shares of Medical Properties Trust by 6.5% in the 4th quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock valued at $26,490,000 after purchasing an additional 329,224 shares during the period. 71.79% of the stock is currently owned by 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.