Medical Properties Trust (NYSE:MPW) Shares Up 1.2%

Medical Properties Trust, Inc. (NYSE:MPW)’s share price shot up 1.2% during trading on Tuesday . The company traded as high as $4.97 and last traded at $4.95. 1,477,349 shares changed hands during trading, a decline of 92% from the average session volume of 19,312,006 shares. The stock had previously closed at $4.89.

Wall Street Analysts Forecast Growth

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

Medical Properties Trust Price Performance

The company has a debt-to-equity ratio of 1.51, a current ratio of 3.10 and a quick ratio of 3.10. The stock has a 50 day moving average price of $4.83 and a 200-day moving average price of $4.33. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of -2.34, a price-to-earnings-growth ratio of 0.70 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.54%. The ex-dividend date of this dividend was Monday, June 10th. Medical Properties Trust’s dividend payout ratio is presently -27.03%.

Institutional Trading of Medical Properties Trust

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Medical Properties Trust by 8.2% during the first quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust’s stock worth $437,373,000 after buying an additional 7,084,981 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Medical Properties Trust by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock worth $44,476,000 after buying an additional 448,118 shares during the last quarter. Coatue Management LLC boosted its stake in Medical Properties Trust by 18.5% during the fourth quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock worth $33,420,000 after buying an additional 1,060,830 shares during the last quarter. Lasalle Investment Management Securities LLC boosted its stake in Medical Properties Trust by 6.5% during the fourth quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock worth $26,490,000 after buying an additional 329,224 shares during the last quarter. Finally, Norges Bank acquired a new position in Medical Properties Trust during the fourth quarter worth $25,655,000. 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.