Medical Properties Trust (NYSE:MPW) Upgraded by Deutsche Bank Aktiengesellschaft to Hold

Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust (NYSE:MPW) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning, Marketbeat reports. They currently have $5.00 price objective on the real estate investment trust’s stock, up from their prior price objective of $2.00.

Several other research analysts have also recently weighed in on the stock. Royal Bank of Canada decreased their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an outperform rating for the company in a report on Tuesday, February 20th. Truist Financial boosted their price objective on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a hold rating in a report on Monday, April 8th. StockNews.com cut shares of Medical Properties Trust from a hold rating to a sell rating in a report on Thursday, February 22nd. KeyCorp reissued a sector weight rating on shares of Medical Properties Trust in a report on Friday, January 5th. Finally, Mizuho decreased their price objective on shares of Medical Properties Trust from $9.00 to $7.00 and set a neutral rating for the company in a report on Wednesday, January 3rd. 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of Hold and a consensus target price of $5.75.

Medical Properties Trust Stock Down 11.2 %

Shares of Medical Properties Trust stock 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. Medical Properties Trust has a 52-week low of $2.92 and a 52-week high of $10.74. The company has a 50-day simple moving average of $4.20 and a two-hundred day simple moving average of $4.36.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be issued 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 yield of 13.54%. Medical Properties Trust’s dividend payout ratio is currently -63.83%.

Hedge Funds Weigh In On Medical Properties Trust

A number of hedge funds have recently modified their holdings of MPW. Norges Bank bought a new position in shares of Medical Properties Trust in the fourth quarter worth approximately $25,655,000. State Street Corp boosted its position in shares of Medical Properties Trust by 11.7% in the first quarter. State Street Corp now owns 36,158,910 shares of the real estate investment trust’s stock worth $774,593,000 after purchasing an additional 3,800,294 shares during the period. Deutsche Bank AG boosted its position in shares of Medical Properties Trust by 880.2% in the third quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust’s stock worth $21,536,000 after purchasing an additional 3,548,423 shares during the period. Man Group plc bought a new position in shares of Medical Properties Trust in the fourth quarter worth approximately $32,630,000. Finally, Goldman Sachs Group Inc. boosted its position in shares of Medical Properties Trust by 175.3% in the second quarter. Goldman Sachs Group Inc. now owns 3,850,463 shares of the real estate investment trust’s stock worth $58,797,000 after purchasing an additional 2,451,617 shares during the period. 71.79% of the stock is currently owned by 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.