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

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) has earned an average rating of "Hold" from the eight brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $5.64.

A number of research analysts recently weighed in on MPW shares. Truist Financial dropped 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. Royal Bank of Canada upped their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a research note on Monday, March 10th. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and raised their price objective for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Wells Fargo & Company boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. Finally, Mizuho dropped their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Thursday, December 5th.

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.

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Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Truvestments Capital LLC purchased a new stake in Medical Properties Trust in the third quarter valued at approximately $31,000. Allworth Financial LP grew its stake in shares of Medical Properties Trust by 230.4% during the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 4,241 shares during the period. Verus Capital Partners LLC acquired a new stake in shares of Medical Properties Trust during the 4th quarter worth $40,000. RS Crum Inc. purchased a new position in shares of Medical Properties Trust in the 4th quarter worth $40,000. Finally, RFG Advisory LLC acquired a new position in Medical Properties Trust in the fourth quarter valued at $40,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Stock Performance

MPW traded up $0.13 during trading on Friday, reaching $6.11. The company's stock had a trading volume of 9,757,268 shares, compared to its average volume of 13,572,142. 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 company's fifty day moving average price is $5.04 and its 200-day moving average price is $4.79. Medical Properties Trust has a 52-week low of $3.51 and a 52-week high of $6.55. The company has a market capitalization of $3.67 billion, a price-to-earnings ratio of -1.45, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 5.24%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust's payout ratio is -8.42%.

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.