Medical Properties Trust (NYSE:MPW) Stock Price Down 1.7%

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) dropped 1.7% during mid-day trading on Friday . The stock traded as low as $3.98 and last traded at $4.02. Approximately 2,831,389 shares were traded during trading, a decline of 87% from the average daily volume of 22,632,021 shares. The stock had previously closed at $4.09.

Analyst Upgrades and Downgrades

Several research firms recently commented on MPW. Deutsche Bank Aktiengesellschaft began coverage on shares of Medical Properties Trust in a research note on Tuesday, January 30th. They set a "sell" rating and a $2.00 target price for the company. KeyCorp reiterated a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 target price for the company in a research note on Friday, March 1st. Mizuho cut their target price on shares of Medical Properties Trust from $9.00 to $7.00 and set a "neutral" rating for the company in a research note on Wednesday, January 3rd. Finally, Truist Financial upped their target price on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a "hold" rating in a research note on Monday. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Medical Properties Trust has an average rating of "Hold" and a consensus target price of $5.48.

Medical Properties Trust Stock Down 2.4 %

The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of -4.28, a P/E/G ratio of 1.21 and a beta of 1.20. The firm's fifty day simple moving average is $4.04 and its 200 day simple moving average is $4.39.

Institutional Trading of Medical Properties Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Covestor Ltd grew its stake in shares of Medical Properties Trust by 94.8% in the first quarter. Covestor Ltd now owns 4,505 shares of the real estate investment trust's stock valued at $95,000 after buying an additional 2,192 shares in the last quarter. Harbour Investments Inc. boosted its position in Medical Properties Trust by 1,247.4% during the fourth quarter. Harbour Investments Inc. now owns 4,608 shares of the real estate investment trust's stock worth $51,000 after purchasing an additional 4,266 shares during the period. First Manhattan Co. bought a new position in Medical Properties Trust during the first quarter worth $98,000. Advisors Asset Management Inc. bought a new position in Medical Properties Trust during the third quarter worth $28,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Medical Properties Trust by 43.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,402 shares of the real estate investment trust's stock worth $60,000 after purchasing an additional 1,649 shares during the period. 71.79% of the stock is currently owned by institutional investors and hedge funds.

About Medical Properties Trust

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.