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

Medical Properties Trust, Inc. (NYSE:MPW) fell 2.5% during mid-day trading on Monday . The stock traded as low as $4.40 and last traded at $4.59. 5,112,501 shares were traded during mid-day trading, a decline of 73% from the average session volume of 19,011,557 shares. The stock had previously closed at $4.71.

Analyst Upgrades and Downgrades

MPW has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price target for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. Colliers Securities cut shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their price objective for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. StockNews.com cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 18th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a research note on Tuesday, May 14th. Finally, Truist Financial raised their price target on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a report on Thursday, May 30th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $5.61.

Medical Properties Trust Stock Performance

The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of -2.09, a P/E/G ratio of 0.65 and a beta of 1.27. The company has a debt-to-equity ratio of 1.51, a quick ratio of 3.10 and a current ratio of 3.10. The firm has a 50-day simple moving average of $4.81 and a two-hundred day simple moving average of $4.42.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.07%. The ex-dividend date of this dividend was Monday, June 10th. Medical Properties Trust’s dividend payout ratio is presently -27.03%.

Hedge Funds Weigh In On Medical Properties Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MPW. Wolverine Asset Management LLC raised its stake in shares of Medical Properties Trust by 0.6% during the second quarter. Wolverine Asset Management LLC now owns 405,145 shares of the real estate investment trust’s stock worth $1,746,000 after purchasing an additional 2,246 shares during the last quarter. Keynote Financial Services LLC grew its holdings in Medical Properties Trust by 4.8% in the second quarter. Keynote Financial Services LLC now owns 59,188 shares of the real estate investment trust’s stock valued at $255,000 after purchasing an additional 2,715 shares during the last quarter. Arizona State Retirement System grew its holdings in Medical Properties Trust by 1.9% in the second quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock valued at $723,000 after purchasing an additional 3,103 shares during the last quarter. Collective Family Office LLC boosted its stake in shares of Medical Properties Trust by 16.8% during the first quarter. Collective Family Office LLC now owns 21,720 shares of the real estate investment trust’s stock valued at $102,000 after acquiring an additional 3,120 shares during the last quarter. Finally, 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. 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.