Medical Properties Trust (NYSE:MPW) Stock Price Up 18.8%

Medical Properties Trust, Inc. (NYSE:MPW) shares traded up 18.8% during trading on Monday . The company traded as high as $6.30 and last traded at $5.68. 37,792,957 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 21,641,760 shares. The stock had previously closed at $4.78.

Wall Street Analysts Forecast Growth

MPW has been the topic of a number of research analyst reports. BNP Paribas raised 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. Royal Bank of Canada reduced 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. 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 report on Monday, April 8th. Colliers Securities downgraded 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 report on Wednesday, April 10th. Finally, Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and upped their target price for the company from $2.00 to $5.00 in a research report on Wednesday, April 17th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $5.75.

Medical Properties Trust Trading Up 16.5 %

The company has a current ratio of 3.10, a quick ratio of 2.26 and a debt-to-equity ratio of 1.48. The business has a 50 day moving average price of $4.43 and a 200-day moving average price of $4.32. The firm has a market capitalization of $3.34 billion, a PE ratio of -2.56, a P/E/G ratio of 0.54 and a beta of 1.19.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.77%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

Institutional Investors Weigh In On Medical Properties Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Lasalle Investment Management Securities LLC lifted its stake in Medical Properties Trust by 49.6% in the 3rd 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 buying an additional 1,680,200 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in shares of Medical Properties Trust by 93.2% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 204,807 shares of the real estate investment trust’s stock valued at $1,117,000 after acquiring an additional 98,807 shares in the last quarter. Amalgamated Bank boosted its stake in shares of Medical Properties Trust by 0.9% during the fourth quarter. Amalgamated Bank now owns 376,806 shares of the real estate investment trust’s stock valued at $1,850,000 after acquiring an additional 3,322 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in Medical Properties Trust by 5.3% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,546,115 shares of the real estate investment trust’s stock worth $22,321,000 after purchasing an additional 228,716 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new position in Medical Properties Trust in the 4th quarter valued at about $109,000. 71.79% of the stock is currently 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.