Medical Properties Trust (NYSE:MPW) Stock Price Down 6.1%

Shares of Medical Properties Trust, Inc. (NYSE:MPWGet Rating) dropped 6.1% during mid-day trading on Wednesday . The company traded as low as $12.33 and last traded at $12.42. Approximately 14,607,084 shares were traded during trading, an increase of 33% from the average daily volume of 10,944,343 shares. The stock had previously closed at $13.22.

Analysts Set New Price Targets

A number of analysts have weighed in on MPW shares. Bank of America upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and raised their target price for the company from $13.00 to $16.00 in a research report on Monday, November 14th. They noted that the move was a valuation call. KeyCorp lowered their price objective on Medical Properties Trust from $18.00 to $16.00 and set an “overweight” rating for the company in a research note on Thursday, January 19th. Mizuho reduced their target price on shares of Medical Properties Trust from $20.00 to $18.00 in a report on Friday, December 2nd. StockNews.com initiated coverage on shares of Medical Properties Trust in a report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Credit Suisse Group increased their price target on Medical Properties Trust from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, January 17th. Six analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Medical Properties Trust has an average rating of “Moderate Buy” and a consensus target price of $16.73.

Medical Properties Trust Trading Down 6.4 %

The company has a market capitalization of $7.40 billion, a P/E ratio of 6.03, a PEG ratio of 0.78 and a beta of 0.87. The business has a fifty day moving average of $12.26 and a 200-day moving average of $13.23. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.98 and a current ratio of 1.98.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 12th. Stockholders of record on Thursday, December 8th were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 9.37%. The ex-dividend date of this dividend was Wednesday, December 7th. Medical Properties Trust’s dividend payout ratio (DPR) is presently 55.77%.

Institutional Trading of Medical Properties Trust

Several institutional investors and hedge funds have recently made changes to their positions in MPW. AE Wealth Management LLC lifted its stake in shares of Medical Properties Trust by 5.6% during the 2nd quarter. AE Wealth Management LLC now owns 67,751 shares of the real estate investment trust’s stock valued at $1,035,000 after buying an additional 3,598 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Medical Properties Trust by 8.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 471,278 shares of the real estate investment trust’s stock valued at $5,589,000 after purchasing an additional 38,408 shares during the period. Great Valley Advisor Group Inc. increased its holdings in shares of Medical Properties Trust by 28.0% in the second quarter. Great Valley Advisor Group Inc. now owns 16,185 shares of the real estate investment trust’s stock worth $247,000 after purchasing an additional 3,540 shares during the period. Mutual Advisors LLC raised its position in shares of Medical Properties Trust by 13.0% in the second quarter. Mutual Advisors LLC now owns 83,430 shares of the real estate investment trust’s stock worth $1,274,000 after buying an additional 9,630 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in Medical Properties Trust by 50.9% during the third quarter. SG Americas Securities LLC now owns 82,469 shares of the real estate investment trust’s stock valued at $978,000 after buying an additional 27,815 shares during the period. Hedge funds and other institutional investors own 80.31% of the company’s stock.

About Medical Properties Trust

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Medical Properties Trust, Inc is a self-advised real estate investment trust, engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals, long-term acute care hospitals, ambulatory surgery centers, hospitals for women and children, regional and community hospitals, medical office buildings, and other single-discipline facilities.

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