Medical Properties Trust (NYSE:MPW) Trading 4.2% Higher

Medical Properties Trust, Inc. (NYSE:MPW)’s share price traded up 4.2% during mid-day trading on Tuesday . The company traded as high as $4.76 and last traded at $4.76. 4,255,042 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 18,965,182 shares. The stock had previously closed at $4.57.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Colliers Securities cut shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and dropped their price target for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft upgraded 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 report on Wednesday, April 17th. Truist Financial raised their price objective on Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a report on Thursday, May 30th. StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 18th. Finally, BNP Paribas lowered Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $6.00 to $4.00 in a report on Tuesday, July 2nd. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.61.

Medical Properties Trust Stock Up 4.8 %

The business has a 50-day moving average of $4.81 and a 200-day moving average of $4.42. 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 stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of -2.14, a P/E/G ratio of 0.65 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Investors 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 12.53%. The ex-dividend date of this dividend was Monday, June 10th. Medical Properties Trust’s payout ratio is -27.03%.

Institutional Trading of Medical Properties Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Arizona State Retirement System increased its position in shares of Medical Properties Trust by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock worth $723,000 after purchasing an additional 3,103 shares during the last quarter. Wolverine Asset Management LLC increased its position in shares of Medical Properties Trust by 0.6% during the 2nd 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. Versor Investments LP acquired a new stake in shares of Medical Properties Trust during the 2nd quarter worth about $71,000. Natixis Advisors LLC grew its position in Medical Properties Trust by 38.3% in the 2nd quarter. Natixis Advisors LLC now owns 75,797 shares of the real estate investment trust’s stock valued at $327,000 after acquiring an additional 20,999 shares in the last quarter. Finally, Summit Financial LLC grew its position in Medical Properties Trust by 75.9% in the 2nd quarter. Summit Financial LLC now owns 26,027 shares of the real estate investment trust’s stock valued at $116,000 after acquiring an additional 11,234 shares in 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.