Medical Properties Trust (NYSE:MPW) Shares Down 4.4%

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) shares fell 4.4% on Tuesday . The stock traded as low as $4.27 and last traded at $4.30. 5,247,603 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 21,559,061 shares. The stock had previously closed at $4.50.

Wall Street Analysts Forecast Growth

MPW has been the topic of several research reports. Truist Financial lifted their price objective on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a "hold" rating in a report on Monday, April 8th. 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. Royal Bank of Canada cut their target price on Medical Properties Trust from $8.00 to $5.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 20th. StockNews.com lowered shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Thursday, February 22nd. Finally, Colliers Securities downgraded shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $10.00 to $4.25 in a research report on Wednesday, April 10th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Medical Properties Trust currently has a consensus rating of "Hold" and a consensus price target of $5.75.

Medical Properties Trust Stock Down 5.0 %

The stock has a market capitalization of $2.56 billion, a PE ratio of -4.55, a price-to-earnings-growth ratio of 0.55 and a beta of 1.19. 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 fifty day moving average price is $4.41 and its two-hundred day moving average price is $4.32.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd were issued a $0.15 dividend. The ex-dividend date was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a yield of 14.04%. Medical Properties Trust's payout ratio is currently -63.83%.

Institutional Investors Weigh In On Medical Properties Trust

Hedge funds have recently modified their holdings of the business. SVB Wealth LLC lifted its stake in Medical Properties Trust by 42.8% in the 3rd quarter. SVB Wealth LLC now owns 43,471 shares of the real estate investment trust's stock worth $237,000 after purchasing an additional 13,022 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in Medical Properties Trust by 139.7% during the third quarter. Stratos Wealth Partners LTD. now owns 86,012 shares of the real estate investment trust's stock worth $469,000 after buying an additional 50,124 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new position in Medical Properties Trust during the third quarter worth $59,000. Brown Advisory Inc. purchased a new stake in Medical Properties Trust in the 3rd quarter valued at $65,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Medical Properties Trust by 7.4% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 997,975 shares of the real estate investment trust's stock worth $5,439,000 after acquiring an additional 69,134 shares during the last quarter. 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.