Medical Properties Trust (NYSE:MPW) Stock Price Down 2.3% - Time to Sell?

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) fell 2.3% during mid-day trading on Tuesday . The company traded as low as $3.72 and last traded at $3.74. 2,135,903 shares were traded during mid-day trading, a decline of 87% from the average session volume of 16,350,663 shares. The stock had previously closed at $3.83.

Analysts Set New Price Targets

MPW has been the subject of a number of research analyst reports. Mizuho cut 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 research report on Thursday, December 5th. 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. Wolfe Research raised shares of Medical Properties Trust to a "hold" rating in a research report on Monday, September 23rd. Finally, Colliers Securities upgraded shares of Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 price target on the stock in a research note on Friday, September 13th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $4.92.

Medical Properties Trust Price Performance

The stock's 50 day moving average price is $4.38 and its two-hundred day moving average price is $4.74. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of -0.89, a PEG ratio of 0.62 and a beta of 1.29.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 8.49%. Medical Properties Trust's dividend payout ratio is presently -7.58%.

Insider Buying and Selling at Medical Properties Trust

In other Medical Properties Trust news, Director Michael G. Stewart sold 32,780 shares of the company's stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the transaction, the director now owns 221,245 shares of the company's stock, valued at $1,207,997.70. This represents a 12.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.53% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Future Financial Wealth Managment LLC acquired a new stake in Medical Properties Trust during the third quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new stake in Medical Properties Trust in the 3rd quarter valued at $31,000. GAMMA Investing LLC grew its position in Medical Properties Trust by 107.3% in the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust's stock valued at $36,000 after acquiring an additional 3,145 shares during the period. Verdence Capital Advisors LLC acquired a new position in Medical Properties Trust during the second quarter worth $46,000. Finally, Frank Rimerman Advisors LLC bought a new position in shares of Medical Properties Trust during the second quarter valued at $47,000. 71.79% of the stock is owned by institutional investors.

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.