Medical Properties Trust (NYSE:MPW) Shares Gap Down to $4.87

Medical Properties Trust, Inc. (NYSE:MPW) gapped down prior to trading on Monday . The stock had previously closed at $4.87, but opened at $4.41. Medical Properties Trust shares last traded at $4.42, with a volume of 14,364,190 shares.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price objective for the company in a research note on Friday, March 1st. Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their target price for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. Truist Financial raised their price target on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research note on Monday, April 8th. Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $2.00 to $5.00 in a research report on Wednesday, April 17th. Finally, StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Medical Properties Trust has an average rating of “Hold” and a consensus target price of $5.75.

Medical Properties Trust Trading Down 7.6 %

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 stock has a market capitalization of $2.70 billion, a P/E ratio of -4.71, a PEG ratio of 0.55 and a beta of 1.19. The firm’s 50-day simple moving average is $4.39 and its 200 day simple moving average is $4.32.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Monday, April 22nd were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 13.33%. The ex-dividend date was Friday, April 19th. Medical Properties Trust’s dividend payout ratio is presently -63.83%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Texas Permanent School Fund Corp lifted its stake in Medical Properties Trust by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 523,206 shares of the real estate investment trust’s stock valued at $2,459,000 after buying an additional 6,788 shares in the last quarter. Csenge Advisory Group lifted its position in shares of Medical Properties Trust by 30.2% in the 1st quarter. Csenge Advisory Group now owns 63,296 shares of the real estate investment trust’s stock valued at $297,000 after acquiring an additional 14,697 shares in the last quarter. Fidelis Capital Partners LLC purchased a new position in Medical Properties Trust during the 1st quarter worth approximately $43,000. Regent Peak Wealth Advisors LLC acquired a new stake in Medical Properties Trust during the 1st quarter valued at $100,000. Finally, Sequoia Financial Advisors LLC purchased a new position in Medical Properties Trust during the 1st quarter valued at about $181,000. Institutional investors and hedge funds 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.