Medical Properties Trust (NYSE:MPW) Trading Down 4.9%

Shares of Medical Properties Trust, Inc. (NYSE:MPW) were down 4.9% on Friday . The stock traded as low as $4.43 and last traded at $4.43. Approximately 7,596,838 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 20,134,037 shares. The stock had previously closed at $4.66.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MPW shares. Colliers Securities downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price objective for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target for the company in a report on Friday, March 1st. Truist Financial increased their price target on Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a report on Thursday, May 30th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $5.00 price target on shares of Medical Properties Trust in a report on Tuesday, May 14th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $5.80.

Medical Properties Trust Trading Down 7.5 %

The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51. The business has a fifty day simple moving average of $4.93 and a 200 day simple moving average of $4.39. The company has a market cap of $2.59 billion, a price-to-earnings ratio of -1.98, a P/E/G ratio of 0.67 and a beta of 1.27.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 13.92%. The ex-dividend date is Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -27.03%.

Institutional Investors Weigh In On Medical Properties Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Lindbrook Capital LLC increased its position in shares of Medical Properties Trust by 112.1% in the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 3,819 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in shares of Medical Properties Trust in the first quarter valued at $38,000. Tucker Asset Management LLC increased its position in shares of Medical Properties Trust by 2,447.6% in the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 7,661 shares in the last quarter. Cetera Trust Company N.A purchased a new position in shares of Medical Properties Trust in the fourth quarter valued at $43,000. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Medical Properties Trust in the first quarter valued at $43,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

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.