Medical Properties Trust (NYSE:MPW) Trading Down 1.5%

Shares of Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) were down 1.5% during mid-day trading on Tuesday . The company traded as low as $4.59 and last traded at $4.67. Approximately 4,590,262 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 23,009,420 shares. The stock had previously closed at $4.74.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MPW shares. Mizuho reduced their target price on 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. Royal Bank of Canada reduced their price objective on Medical Properties Trust from $8.00 to $5.00 and set an "outperform" rating for the company in a research note on Tuesday, February 20th. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price objective for the company in a research note on Friday, March 1st. Deutsche Bank Aktiengesellschaft started coverage on Medical Properties Trust in a research note on Tuesday, January 30th. They set a "sell" rating and a $2.00 price objective for the company. Finally, StockNews.com lowered Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 22nd. Six research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $5.48.

Medical Properties Trust Trading Down 2.5 %

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 company has a market capitalization of $2.77 billion, a price-to-earnings ratio of -4.91, a PEG ratio of 1.18 and a beta of 1.20. The company has a fifty day moving average of $4.11 and a 200-day moving average of $4.36.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 12.99%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust's payout ratio is -63.83%.

Institutional Investors Weigh In On Medical Properties Trust

Several institutional investors have recently bought and sold shares of the company. Advisors Asset Management Inc. acquired a new position in shares of Medical Properties Trust during the 3rd quarter worth approximately $28,000. Future Financial Wealth Managment LLC acquired a new position in shares of Medical Properties Trust during the 1st quarter worth approximately $38,000. Tucker Asset Management LLC boosted its holdings in shares of Medical Properties Trust by 2,447.6% during the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust's stock worth $43,000 after purchasing an additional 7,661 shares during the last quarter. Cetera Trust Company N.A acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $43,000. Finally, Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Medical Properties Trust by 861.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 8,615 shares during the last quarter. 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.