Medical Properties Trust, Inc. (NYSE:MPW) Receives $5.50 Consensus Price Target from Analysts

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) has been given a consensus recommendation of "Hold" by the nine research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $5.50.

A number of analysts have recently commented on the company. Colliers Securities upgraded Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 target price on the stock in a research report on Friday, September 13th. Wolfe Research upgraded Medical Properties Trust to a "hold" rating in a research note on Monday, September 23rd. Finally, Truist Financial boosted their price objective on Medical Properties Trust from $5.00 to $6.00 and gave the company a "hold" rating in a research note on Friday, September 13th.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, Director Elizabeth N. Pitman purchased 8,087 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the purchase, the director now directly owns 76,740 shares in the company, valued at $461,207.40. This represents a 11.78 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael G. Stewart sold 32,780 shares of the firm's stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the sale, the director now directly owns 221,245 shares of the company's stock, valued at approximately $1,207,997.70. This trade represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. 1.53% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC increased its position in shares of Medical Properties Trust by 27.8% in the third quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust's stock valued at $3,030,000 after buying an additional 112,721 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Medical Properties Trust by 22.1% during the second quarter. Thrivent Financial for Lutherans now owns 793,003 shares of the real estate investment trust's stock worth $3,418,000 after acquiring an additional 143,309 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Medical Properties Trust by 378.4% in the third quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust's stock valued at $5,183,000 after purchasing an additional 700,783 shares in the last quarter. Algert Global LLC increased its stake in shares of Medical Properties Trust by 91.5% during the 2nd 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 in the last quarter. Finally, Vanguard Group Inc. increased its stake in Medical Properties Trust by 8.2% in the first quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust's stock valued at $437,373,000 after purchasing an additional 7,084,981 shares during the last quarter. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Stock Up 0.7 %

Shares of MPW stock traded up $0.03 on Friday, reaching $4.31. 6,835,844 shares of the stock were exchanged, compared to its average volume of 16,833,252. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of -1.02, a PEG ratio of 0.68 and a beta of 1.32. The business's 50 day moving average price is $5.14 and its 200 day moving average price is $4.91. The company has a current ratio of 2.38, a quick ratio of 2.93 and a debt-to-equity ratio of 1.69. Medical Properties Trust has a twelve month low of $2.92 and a twelve month high of $6.55.

Medical Properties Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 9th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.42%. The ex-dividend date was Monday, September 9th. Medical Properties Trust's dividend payout ratio is presently -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.