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

Shares of Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) have received an average recommendation of "Hold" from the seven ratings firms that are currently covering the company, Marketbeat Ratings 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 1-year target price among brokers that have issued a report on the stock in the last year is $4.92.

A number of equities analysts recently issued reports on the company. Mizuho lowered 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. Truist Financial cut their price target on Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating for the company in a research note on Thursday, December 19th.

Medical Properties Trust Stock Up 6.9 %

NYSE:MPW traded up $0.31 during midday trading on Thursday, hitting $4.71. 25,894,737 shares of the company were exchanged, compared to its average volume of 15,006,526. 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 market capitalization of $2.82 billion, a PE ratio of -1.11, a price-to-earnings-growth ratio of 0.80 and a beta of 1.29. 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 company has a fifty day simple moving average of $4.10 and a 200 day simple moving average of $4.65.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were given 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 6.80%. Medical Properties Trust's dividend payout ratio is currently -7.58%.

Insider Buying and Selling at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the company's stock in a transaction 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 completion of the transaction, the chief accounting officer now directly owns 366,913 shares in the company, 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 SEC, which can be accessed through the SEC website. 1.53% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Algert Global LLC increased its position in Medical Properties Trust by 91.5% during the second quarter. Algert Global LLC now owns 183,881 shares of the real estate investment trust's stock worth $793,000 after purchasing an additional 87,881 shares during the last quarter. Creative Planning increased its holdings in shares of Medical Properties Trust by 42.6% during the 2nd quarter. Creative Planning now owns 326,293 shares of the real estate investment trust's stock worth $1,406,000 after buying an additional 97,546 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Medical Properties Trust by 1.7% in the 2nd quarter. Cetera Investment Advisers now owns 353,121 shares of the real estate investment trust's stock worth $1,522,000 after buying an additional 5,874 shares during the period. KPP Advisory Services LLC boosted its holdings in Medical Properties Trust by 20.7% in the second quarter. KPP Advisory Services LLC now owns 95,041 shares of the real estate investment trust's stock valued at $410,000 after acquiring an additional 16,280 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in Medical Properties Trust during the second quarter valued at about $56,000. 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.