Medical Properties Trust, Inc. (NYSE:MPW) Given Consensus Recommendation of "Hold" by Brokerages

Shares of Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) have been given a consensus recommendation of "Hold" by the seven analysts that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $4.92.

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

Insiders Place Their Bets

In other news, CAO James Kevin Hanna sold 11,641 shares of the company's stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.53% of the company's stock.

Hedge Funds Weigh In On Medical Properties Trust

Several large investors have recently added to or reduced their stakes in MPW. Allworth Financial LP increased its position in shares of Medical Properties Trust by 230.4% during the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock valued at $26,000 after purchasing an additional 4,241 shares during the period. Future Financial Wealth Managment LLC acquired a new position in shares of Medical Properties Trust in the 3rd quarter valued at $29,000. Truvestments Capital LLC bought a new position in shares of Medical Properties Trust during the 3rd quarter worth about $31,000. GAMMA Investing LLC lifted its holdings in shares of Medical Properties Trust by 107.3% during the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 3,145 shares during the period. Finally, RFG Advisory LLC bought a new stake in Medical Properties Trust in the fourth quarter valued at about $40,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Stock Down 0.3 %

Shares of NYSE MPW traded down $0.02 during mid-day trading on Thursday, reaching $4.69. 16,608,851 shares of the company traded hands, compared to its average volume of 12,961,581. The company's fifty day moving average is $4.12 and its two-hundred day moving average is $4.64. Medical Properties Trust has a fifty-two week low of $3.08 and a fifty-two week high of $6.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The stock has a market cap of $2.81 billion, a PE ratio of -1.11, a price-to-earnings-growth ratio of 0.81 and a beta of 1.29.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 6.83%. The ex-dividend date was Thursday, December 12th. Medical Properties Trust's dividend payout ratio (DPR) is presently -7.58%.

About Medical Properties Trust

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.