Medical Properties Trust (NYSE:MPW) Stock Price Down 2.9%

Medical Properties Trust, Inc. (NYSE:MPW)’s stock price was down 2.9% during mid-day trading on Friday . The company traded as low as $4.69 and last traded at $4.70. Approximately 4,490,611 shares traded hands during trading, a decline of 80% from the average daily volume of 22,638,436 shares. The stock had previously closed at $4.84.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on MPW shares. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and raised their price objective for the company from $2.00 to $5.00 in a research note on Wednesday. Mizuho reduced their price objective on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 3rd. KeyCorp reaffirmed a “sector weight” rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Truist Financial increased their target price on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a report on Monday, April 8th. 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 report on Friday, March 1st. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Medical Properties Trust currently has a consensus rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Stock Down 4.3 %

The company’s fifty day moving average price is $4.18 and its 200-day moving average price is $4.37. The stock has a market capitalization of $2.77 billion, a PE ratio of -5.00, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20. 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 Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 12.96%. Medical Properties Trust’s payout ratio is -63.83%.

Hedge Funds Weigh In On Medical Properties Trust

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Medical Properties Trust by 0.6% during the first quarter. Vanguard Group Inc. now owns 87,046,765 shares of the real estate investment trust’s stock valued at $1,840,168,000 after purchasing an additional 496,833 shares during the last quarter. State Street Corp increased its position in shares of Medical Properties Trust by 11.7% during the first quarter. State Street Corp now owns 36,158,910 shares of the real estate investment trust’s stock valued at $774,593,000 after acquiring an additional 3,800,294 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Medical Properties Trust by 10.1% during the first quarter. Geode Capital Management LLC now owns 11,479,189 shares of the real estate investment trust’s stock valued at $95,423,000 after acquiring an additional 1,049,687 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Medical Properties Trust by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock valued at $44,476,000 after acquiring an additional 448,118 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of Medical Properties Trust by 18.4% during the fourth quarter. Morgan Stanley now owns 8,923,634 shares of the real estate investment trust’s stock valued at $99,409,000 after acquiring an additional 1,387,675 shares in the last quarter. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

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.