Medical Properties Trust (NYSE:MPW) Shares Down 0.9%

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report)'s stock price dropped 0.9% during mid-day trading on Tuesday . The company traded as low as $4.23 and last traded at $4.26. Approximately 2,097,962 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 25,093,510 shares. The stock had previously closed at $4.30.

Analysts Set New Price Targets

MPW has been the subject of a number of recent research reports. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price objective for the company in a report on Friday, March 1st. Deutsche Bank Aktiengesellschaft started coverage on shares of Medical Properties Trust in a report on Tuesday, January 30th. They set a "sell" rating and a $2.00 price target for the company. Royal Bank of Canada decreased their price target on shares of Medical Properties Trust from $8.00 to $5.00 and set an "outperform" rating for the company in a report on Tuesday, February 20th. JPMorgan Chase & Co. decreased their price target on shares of Medical Properties Trust from $8.00 to $5.00 and set an "underweight" rating for the company in a report on Wednesday, November 29th. Finally, StockNews.com cut shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a report on Thursday, February 22nd. Six research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Medical Properties Trust has a consensus rating of "Hold" and an average price target of $6.59.

Medical Properties Trust Price Performance

The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. The company's 50 day moving average price is $3.69 and its 200 day moving average price is $4.64. The firm has a market capitalization of $2.64 billion, a P/E ratio of -4.53, a PEG ratio of 1.23 and a beta of 1.19.

Hedge Funds Weigh In On Medical Properties Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers increased its stake in Medical Properties Trust by 1.4% in the 1st quarter. Cetera Investment Advisers now owns 84,116 shares of the real estate investment trust's stock valued at $1,778,000 after buying an additional 1,164 shares during the last quarter. Cetera Advisors LLC grew its position in shares of Medical Properties Trust by 0.6% in the 2nd quarter. Cetera Advisors LLC now owns 199,495 shares of the real estate investment trust's stock valued at $1,847,000 after acquiring an additional 1,240 shares during the period. Guardian Wealth Management Inc. grew its position in shares of Medical Properties Trust by 2.3% in the 1st quarter. Guardian Wealth Management Inc. now owns 57,304 shares of the real estate investment trust's stock valued at $1,211,000 after acquiring an additional 1,269 shares during the period. CreativeOne Wealth LLC grew its position in shares of Medical Properties Trust by 9.2% in the 2nd quarter. CreativeOne Wealth LLC now owns 18,184 shares of the real estate investment trust's stock valued at $168,000 after acquiring an additional 1,534 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Medical Properties Trust by 43.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,402 shares of the real estate investment trust's stock valued at $60,000 after acquiring an additional 1,649 shares during the period. 76.46% 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.