Medical Properties Trust (NYSE:MPW) Trading Down 2.5%

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report)'s stock price was down 2.5% during mid-day trading on Wednesday . The stock traded as low as $4.59 and last traded at $4.62. Approximately 13,260,805 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 16,108,064 shares. The stock had previously closed at $4.74.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on MPW shares. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a "sell" rating to a "hold" rating and raised their price target for the company from $2.00 to $5.00 in a research report on Wednesday. Mizuho lowered their price target on Medical Properties Trust from $9.00 to $7.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 3rd. Royal Bank of Canada lowered their price target on Medical Properties Trust from $8.00 to $5.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 20th. KeyCorp reiterated a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Finally, Colliers Securities cut shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and reduced their target price for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $5.75.

Medical Properties Trust Trading Up 3.2 %

The stock has a market cap of $2.86 billion, a P/E ratio of -5.07, a PEG ratio of 1.41 and a beta of 1.20. 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 business's 50 day simple moving average is $4.14 and its 200 day simple moving average is $4.37.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 12.58%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust's dividend payout ratio is -63.83%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MPW. HighTower Advisors LLC lifted its stake in Medical Properties Trust by 8.2% during the first quarter. HighTower Advisors LLC now owns 83,236 shares of the real estate investment trust's stock worth $1,755,000 after purchasing an additional 6,318 shares during the period. AlphaCrest Capital Management LLC raised its stake in shares of Medical Properties Trust by 147.1% in the first quarter. AlphaCrest Capital Management LLC now owns 21,434 shares of the real estate investment trust's stock valued at $453,000 after acquiring an additional 12,761 shares during the last quarter. Raymond James Trust N.A. raised its stake in shares of Medical Properties Trust by 15.4% in the first quarter. Raymond James Trust N.A. now owns 37,749 shares of the real estate investment trust's stock valued at $798,000 after acquiring an additional 5,046 shares during the last quarter. Cibc World Market Inc. raised its stake in shares of Medical Properties Trust by 11.3% in the first quarter. Cibc World Market Inc. now owns 38,588 shares of the real estate investment trust's stock valued at $816,000 after acquiring an additional 3,922 shares during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Medical Properties Trust by 43.9% in the first quarter. Sei Investments Co. now owns 807,982 shares of the real estate investment trust's stock valued at $17,067,000 after acquiring an additional 246,411 shares during the last quarter. 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.