Medical Properties Trust (NYSE:MPW) Trading Down 2.5%

Medical Properties Trust, Inc. (NYSE:MPW)’s stock price was down 2.5% during mid-day trading on Wednesday . The stock traded as low as $4.59 and last traded at $4.62. Approximately 13,260,805 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 16,108,064 shares. The stock had previously closed at $4.74.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on MPW shares. Colliers Securities downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and lowered their price target for the company from $10.00 to $4.25 in a research report on Wednesday, April 10th. Mizuho lowered their price target on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft began coverage on Medical Properties Trust in a research report on Tuesday, January 30th. They issued a “sell” rating and a $2.00 price target on the stock. KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Finally, BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a research note on Friday, March 1st. Six investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $5.48.

Medical Properties Trust Trading Down 2.5 %

The company has a market cap of $2.77 billion, a price-to-earnings ratio of -4.91, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20. The company’s fifty day moving average price is $4.11 and its two-hundred day moving average price is $4.36. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 12.99%. The ex-dividend date is Friday, April 19th. Medical Properties Trust’s payout ratio is -63.83%.

Institutional Trading of Medical Properties Trust

Hedge funds have recently modified their holdings of the company. Future Financial Wealth Managment LLC acquired a new stake in shares of Medical Properties Trust in the first quarter valued at approximately $38,000. Brookstone Capital Management acquired a new stake in shares of Medical Properties Trust in the first quarter valued at approximately $56,000. Sunbelt Securities Inc. increased its holdings in shares of Medical Properties Trust by 40.0% in 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 increased its holdings in shares of Medical Properties Trust by 49.2% in 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 increased its holdings in shares of Medical Properties Trust by 21.7% in 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. Institutional investors and hedge funds own 71.79% of the company’s stock.

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.