Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) shares shot up 4.2% during mid-day trading on Tuesday . The stock traded as high as $4.77 and last traded at $4.71. 4,103,917 shares traded hands during trading, a decline of 82% from the average session volume of 22,449,262 shares. The stock had previously closed at $4.52.
Analysts Set New Price Targets
MPW has been the topic of a number of recent research reports. BNP Paribas raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price target on the stock in a research note on Friday, March 1st. Mizuho reduced their price objective on Medical Properties Trust from $9.00 to $7.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 3rd. KeyCorp reaffirmed a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a "sell" rating to a "hold" rating and boosted their target price for the company from $2.00 to $5.00 in a research report on Wednesday, April 17th. Finally, StockNews.com lowered shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 22nd. Five analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Medical Properties Trust currently has an average rating of "Hold" and an average price target of $5.75.
Get Our Latest Analysis on MPW
Medical Properties Trust Trading Up 2.7 %
The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $2.78 billion, a P/E ratio of -4.94, a price-to-earnings-growth ratio of 1.34 and a beta of 1.20. The company has a 50-day moving average price of $4.22 and a 200 day moving average price of $4.35.
Medical Properties Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be issued a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a yield of 12.93%. Medical Properties Trust's dividend payout ratio is presently -63.83%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of MPW. Charles Schwab Investment Management Inc. grew its stake in shares of Medical Properties Trust by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust's stock worth $44,476,000 after acquiring an additional 448,118 shares during the last quarter. Coatue Management LLC grew its position in Medical Properties Trust by 18.5% during the 4th quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust's stock worth $33,420,000 after purchasing an additional 1,060,830 shares during the last quarter. Lasalle Investment Management Securities LLC increased its stake in Medical Properties Trust by 6.5% during the 4th quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust's stock valued at $26,490,000 after purchasing an additional 329,224 shares in the last quarter. Norges Bank purchased a new position in shares of Medical Properties Trust in the fourth quarter worth $25,655,000. Finally, Legal & General Group Plc lifted its stake in shares of Medical Properties Trust by 0.3% during the third quarter. Legal & General Group Plc now owns 4,852,620 shares of the real estate investment trust's stock worth $26,447,000 after buying an additional 13,585 shares during the period. Hedge funds and other institutional investors own 71.79% of the company's stock.
Medical Properties Trust Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Medical Properties Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Medical Properties Trust wasn't on the list.
While Medical Properties Trust currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
