Medical Properties Trust (NYSE:MPW) Stock Price Down 2.5%

Shares of Medical Properties Trust, Inc. (NYSE:MPW) were down 2.5% on Wednesday . The stock traded as low as $4.59 and last traded at $4.62. Approximately 13,260,805 shares traded hands during 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 research analysts have recently weighed in on MPW shares. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price objective on the stock in a report on Friday, March 1st. Mizuho dropped their target price on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating for the company in a research report on Wednesday, January 3rd. Colliers Securities downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $10.00 to $4.25 in a research report on Wednesday, April 10th. Truist Financial increased their price objective on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research report on Monday, April 8th. Finally, Royal Bank of Canada decreased their price target on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $5.75.

Medical Properties Trust Trading Down 3.4 %

The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. The business has a 50 day simple moving average of $4.18 and a 200-day simple moving average of $4.37.

Medical Properties Trust Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 12.45%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust’s dividend payout ratio (DPR) is -63.83%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MPW. Advisors Asset Management Inc. acquired a new stake in Medical Properties Trust during the 3rd quarter worth about $28,000. Future Financial Wealth Managment LLC acquired a new stake in Medical Properties Trust in the 1st quarter valued at $38,000. Tucker Asset Management LLC boosted its stake in Medical Properties Trust by 2,447.6% in the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 7,661 shares in the last quarter. Cetera Trust Company N.A acquired a new position in shares of Medical Properties Trust during the fourth quarter valued at $43,000. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in Medical Properties Trust by 861.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 8,615 shares during the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.

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.