Medical Properties Trust (NYSE:MPW) Trading Up 14.8%

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report)'s share price rose 14.8% on Wednesday . The company traded as high as $4.59 and last traded at $4.57. Approximately 11,728,783 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 23,874,213 shares. The stock had previously closed at $3.98.

Analysts Set New Price Targets

MPW has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an "underweight" rating on the stock in a research note on Wednesday, November 29th. Royal Bank of Canada dropped their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Medical Properties Trust in a research note on Tuesday, January 30th. They issued a "sell" rating and a $2.00 price objective on the stock. KeyCorp reaffirmed a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Finally, StockNews.com cut Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 22nd. Six equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $6.59.

Medical Properties Trust Stock Up 18.6 %

The stock has a fifty day moving average of $3.77 and a 200 day moving average of $4.52. The firm has a market capitalization of $2.83 billion, a P/E ratio of -5.02, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26.

Institutional Investors Weigh In On Medical Properties Trust

A number of hedge funds have recently modified their holdings of the stock. HighPoint Advisor Group LLC bought a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $62,000. Quadrature Capital Ltd bought a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $232,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $3,565,000. Ables Iannone Moore & Associates Inc. bought a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $261,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $74,000. Institutional investors 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.