Medical Properties Trust, Inc. (NYSE:MPW) Receives $4.92 Consensus Price Target from Brokerages

Medical Properties Trust, Inc. (NYSE:MPW) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $4.92.

Several equities research analysts have commented on MPW shares. Truist Financial cut their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. Mizuho dropped their price objective on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Finally, Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a research note on Friday, September 13th.

Medical Properties Trust Price Performance

NYSE MPW opened at $3.92 on Friday. The firm’s 50 day moving average is $4.18 and its 200-day moving average is $4.66. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $2.35 billion, a PE ratio of -0.93, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. Medical Properties Trust has a 12-month low of $2.92 and a 12-month high of $6.55.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were issued a dividend of $0.08 per share. The ex-dividend date was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 8.16%. Medical Properties Trust’s payout ratio is currently -7.58%.

Insiders Place Their Bets

In other news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the sale, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.53% of the company’s stock.

Hedge Funds Weigh In On Medical Properties Trust

Several hedge funds have recently modified their holdings of MPW. Commonwealth Equity Services LLC raised its holdings in shares of Medical Properties Trust by 4.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 195,102 shares of the real estate investment trust’s stock worth $841,000 after purchasing an additional 7,856 shares during the period. Natixis Advisors LLC grew its stake in shares of Medical Properties Trust by 38.3% during the 2nd quarter. Natixis Advisors LLC now owns 75,797 shares of the real estate investment trust’s stock worth $327,000 after acquiring an additional 20,999 shares during the period. Versor Investments LP purchased a new stake in Medical Properties Trust in the 2nd quarter worth about $71,000. Arizona State Retirement System raised its stake in Medical Properties Trust by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock valued at $723,000 after acquiring an additional 3,103 shares during the period. Finally, Ballentine Partners LLC lifted its holdings in Medical Properties Trust by 40.0% during the second quarter. Ballentine Partners LLC now owns 45,230 shares of the real estate investment trust’s stock valued at $195,000 after purchasing an additional 12,914 shares during the last quarter. Institutional investors 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.