Medical Properties Trust (NYSE:MPW) Trading Up 1.3%

Medical Properties Trust, Inc. (NYSE:MPW)’s share price shot up 1.3% during mid-day trading on Tuesday . The stock traded as high as $4.08 and last traded at $4.01. 3,068,540 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 23,992,057 shares. The stock had previously closed at $3.96.

Analyst Ratings Changes

Several research firms recently issued reports on MPW. Royal Bank of Canada decreased their price target on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. Mizuho reduced their target price on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on Medical Properties Trust in a report on Tuesday, January 30th. They set a “sell” rating and a $2.00 target price on the stock. KeyCorp restated a “sector weight” rating on shares of Medical Properties Trust in a report on Friday, January 5th. Finally, JPMorgan Chase & Co. dropped their price target on Medical Properties Trust from $8.00 to $5.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 29th. Six analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Medical Properties Trust has an average rating of “Hold” and a consensus target price of $6.59.

Medical Properties Trust Trading Up 18.6 %

The stock has a 50-day moving average of $3.80 and a 200-day moving average of $4.52. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26.

Institutional Investors Weigh In On Medical Properties Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. HighPoint Advisor Group LLC acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $62,000. Quadrature Capital Ltd acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $232,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $3,565,000. Ables Iannone Moore & Associates Inc. acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $261,000. Finally, Creekmur Asset Management LLC acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $74,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

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.