Medical Properties Trust, Inc. (NYSE:MPW) Receives Average Rating of "Hold" from Analysts

Shares of Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) have earned an average recommendation of "Hold" from the seven research firms that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $4.92.

MPW has been the topic of several research reports. Truist Financial reduced their price objective on Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating on the stock in a report on Thursday, December 19th. Mizuho decreased their price target on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Thursday, December 5th.

Insider Buying and Selling at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the company's stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the transaction, the chief accounting officer now owns 366,913 shares of the company's stock, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.53% of the company's stock.

Hedge Funds Weigh In On Medical Properties Trust

Several institutional investors and hedge funds have recently modified their holdings of the business. Quadrature Capital Ltd acquired a new position in shares of Medical Properties Trust during the 3rd quarter worth approximately $927,000. JPMorgan Chase & Co. grew its position in Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust's stock worth $9,973,000 after buying an additional 303,628 shares in the last quarter. Wolverine Asset Management LLC increased its stake in Medical Properties Trust by 27.8% during the 3rd quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust's stock worth $3,030,000 after acquiring an additional 112,721 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Medical Properties Trust by 353.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust's stock valued at $20,625,000 after acquiring an additional 2,748,245 shares in the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in shares of Medical Properties Trust during the 3rd quarter worth $883,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

Shares of Medical Properties Trust stock traded up $0.04 during trading on Thursday, reaching $4.81. The company's stock had a trading volume of 9,584,176 shares, compared to its average volume of 14,744,691. Medical Properties Trust has a one year low of $3.13 and a one year high of $6.55. The stock has a 50-day moving average price of $4.15 and a two-hundred day moving average price of $4.65. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $2.88 billion, a P/E ratio of -1.14, a price-to-earnings-growth ratio of 0.86 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 6.66%. Medical Properties Trust's dividend payout ratio is currently -7.58%.

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.