Medical Properties Trust (NYSE:MPW) Stock Price Down 0.2%

Medical Properties Trust, Inc. (NYSE:MPW) fell 0.2% during mid-day trading on Wednesday . The company traded as low as $4.17 and last traded at $4.27. 5,239,658 shares traded hands during trading, a decline of 76% from the average session volume of 21,500,119 shares. The stock had previously closed at $4.28.

Analyst Ratings Changes

A number of research analysts recently commented on the company. StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Truist Financial raised their price objective on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research report on Monday, April 8th. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and increased their target price for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. 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 analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Stock Performance

The stock has a 50-day moving average price of $4.41 and a 200 day moving average price of $4.32. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of -4.54, a P/E/G ratio of 0.55 and a beta of 1.19. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 13.45%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -63.83%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MPW. Norges Bank purchased a new stake in Medical Properties Trust during the fourth quarter worth approximately $25,655,000. Deutsche Bank AG boosted its holdings in shares of Medical Properties Trust by 880.2% in the 3rd quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust’s stock valued at $21,536,000 after buying an additional 3,548,423 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Medical Properties Trust by 30.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,610,221 shares of the real estate investment trust’s stock valued at $46,926,000 after buying an additional 1,989,853 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Medical Properties Trust by 517.0% during the 4th quarter. BNP Paribas Financial Markets now owns 2,150,378 shares of the real estate investment trust’s stock worth $10,558,000 after acquiring an additional 1,801,858 shares in the last quarter. Finally, Lasalle Investment Management Securities LLC lifted its position in Medical Properties Trust by 49.6% in the third quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock valued at $27,609,000 after acquiring an additional 1,680,200 shares during the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.

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.