Medical Properties Trust (NYSE:MPW) Stock Price Down 7.6%

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) shares were down 7.6% on Thursday . The stock traded as low as $4.95 and last traded at $5.01. Approximately 10,135,962 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 22,341,416 shares. The stock had previously closed at $5.42.

Analysts Set New Price Targets

MPW has been the topic of several research analyst reports. BNP Paribas raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price target on the stock in a research note on Friday, March 1st. Colliers Securities downgraded shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. StockNews.com raised Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Friday, May 10th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $5.00 price objective on shares of Medical Properties Trust in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a "sell" rating to a "hold" rating and increased their target price for the company from $2.00 to $5.00 in a research note on Wednesday, April 17th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $5.75.

Medical Properties Trust Trading Down 5.5 %

The business's 50-day moving average is $4.50 and its two-hundred day moving average is $4.33. The company has a debt-to-equity ratio of 1.48, a current ratio of 3.10 and a quick ratio of 2.26. The firm has a market cap of $3.07 billion, a P/E ratio of -2.26, a P/E/G ratio of 0.63 and a beta of 1.19.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.72%. Medical Properties Trust's payout ratio is -27.03%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Medical Properties Trust by 8.2% in the first quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust's stock valued at $437,373,000 after acquiring an additional 7,084,981 shares during the last quarter. Norges Bank bought a new stake in shares of Medical Properties Trust during the 4th quarter valued at approximately $25,655,000. Deutsche Bank AG increased its position in Medical Properties Trust by 880.2% during the 3rd quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust's stock worth $21,536,000 after purchasing an additional 3,548,423 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Medical Properties Trust by 30.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 8,610,221 shares of the real estate investment trust's stock valued at $46,926,000 after buying an additional 1,989,853 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Medical Properties Trust by 517.0% during the 4th quarter. BNP Paribas Financial Markets now owns 2,150,378 shares of the real estate investment trust's stock valued at $10,558,000 after acquiring an additional 1,801,858 shares in the last quarter. 71.79% of the stock is owned by institutional investors.

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.

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