Medical Properties Trust (NYSE:MPW) Stock Price Down 1.2%

Medical Properties Trust, Inc. (NYSE:MPW) was down 1.2% on Thursday . The stock traded as low as $4.73 and last traded at $4.75. Approximately 2,511,415 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 19,062,650 shares. The stock had previously closed at $4.81.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Truist Financial lifted their price objective on Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a research note on Thursday, May 30th. Colliers Securities cut Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and lifted their price objective for the company from $2.00 to $5.00 in a research note on Wednesday, April 17th. BNP Paribas cut Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $6.00 to $4.00 in a research note on Tuesday, July 2nd. Finally, StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 18th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $5.61.

Medical Properties Trust Price Performance

The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51. The company has a fifty day simple moving average of $4.83 and a two-hundred day simple moving average of $4.39. The company has a market cap of $2.78 billion, a price-to-earnings ratio of -2.14, a price-to-earnings-growth ratio of 0.71 and a beta of 1.27.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th were given a $0.15 dividend. The ex-dividend date was Monday, June 10th. This represents a $0.60 annualized dividend and a dividend yield of 12.93%. Medical Properties Trust’s dividend payout ratio is currently -27.03%.

Institutional Trading of Medical Properties Trust

Several institutional investors and hedge funds have recently made changes to their positions in MPW. Lindbrook Capital LLC increased its stake in Medical Properties Trust by 112.1% during the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 3,819 shares during the last quarter. Versant Capital Management Inc increased its stake in Medical Properties Trust by 435.0% during the second quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 6,482 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Medical Properties Trust during the first quarter worth about $38,000. Iron Horse Wealth Management LLC grew its stake in shares of Medical Properties Trust by 166.7% in the second quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 5,000 shares in the last quarter. Finally, Cetera Trust Company N.A acquired a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $43,000. 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.