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

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report)'s share price was down 0.9% during mid-day trading on Wednesday . The stock traded as low as $4.56 and last traded at $4.60. Approximately 3,252,210 shares traded hands during trading, a decline of 85% from the average daily volume of 22,313,182 shares. The stock had previously closed at $4.64.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MPW shares. StockNews.com cut shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Thursday, February 22nd. Mizuho cut their price target on shares of 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. Truist Financial lifted their price target on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a "hold" rating in a research note on Monday, April 8th. KeyCorp reiterated a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Finally, Colliers Securities lowered shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and cut their price target for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $5.75.

Medical Properties Trust Trading Down 1.6 %

The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. The company's fifty day moving average price is $4.24 and its two-hundred day moving average price is $4.35. The firm has a market cap of $2.73 billion, a PE ratio of -4.86, a P/E/G ratio of 1.37 and a beta of 1.20.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.14%. Medical Properties Trust's dividend payout ratio (DPR) is -63.83%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Arizona State Retirement System increased its stake in shares of Medical Properties Trust by 1.4% during the third quarter. Arizona State Retirement System now owns 170,355 shares of the real estate investment trust's stock worth $928,000 after acquiring an additional 2,304 shares during the period. abrdn plc increased its stake in shares of Medical Properties Trust by 2.1% during the third quarter. abrdn plc now owns 125,218 shares of the real estate investment trust's stock worth $682,000 after acquiring an additional 2,622 shares during the period. Collective Family Office LLC increased its stake in shares of Medical Properties Trust by 16.8% during the first quarter. Collective Family Office LLC now owns 21,720 shares of the real estate investment trust's stock worth $102,000 after acquiring an additional 3,120 shares during the period. Amalgamated Bank increased its stake in shares of Medical Properties Trust by 0.9% during the fourth quarter. Amalgamated Bank now owns 376,806 shares of the real estate investment trust's stock worth $1,850,000 after acquiring an additional 3,322 shares during the period. Finally, United Services Automobile Association grew its position in Medical Properties Trust by 9.7% during the third quarter. United Services Automobile Association now owns 42,220 shares of the real estate investment trust's stock worth $230,000 after buying an additional 3,721 shares during the period. 71.79% of the stock is currently owned by institutional investors and hedge funds.

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.