Medical Properties Trust (NYSE:MPW) Shares Down 0.2%

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report)'s share price traded down 0.2% on Friday . The stock traded as low as $5.03 and last traded at $5.11. 6,667,307 shares were traded during mid-day trading, a decline of 70% from the average session volume of 22,317,416 shares. The stock had previously closed at $5.12.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MPW shares. Royal Bank of Canada reissued a "sector perform" rating and set a $5.00 target price on shares of Medical Properties Trust in a research note on Tuesday. Colliers Securities lowered Medical Properties Trust from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $10.00 to $4.25 in a research report on Wednesday, April 10th. StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Friday, May 10th. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price objective on the stock in a report on Friday, March 1st. Finally, Truist Financial lifted their target price on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a "hold" rating in a research note on Monday, April 8th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $5.75.

Medical Properties Trust Stock Down 2.2 %

The stock has a market cap of $3.00 billion, a P/E ratio of -2.25, a P/E/G ratio of 0.61 and a beta of 1.19. The company has a current ratio of 3.10, a quick ratio of 2.26 and a debt-to-equity ratio of 1.48. The firm's fifty day moving average is $4.53 and its 200 day moving average is $4.34.

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 paid a $0.15 dividend. The ex-dividend date was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.99%. Medical Properties Trust's payout ratio is presently -27.03%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Lindbrook Capital LLC increased its position in Medical Properties Trust by 112.1% during the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust's stock worth $34,000 after acquiring an additional 3,819 shares during the period. Future Financial Wealth Managment LLC bought a new position in shares of Medical Properties Trust during the 1st quarter worth about $38,000. Tucker Asset Management LLC raised its position in shares of Medical Properties Trust by 2,447.6% during the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust's stock valued at $43,000 after buying an additional 7,661 shares during the last quarter. Cetera Trust Company N.A bought a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $43,000. Finally, Fidelis Capital Partners LLC acquired a new stake in Medical Properties Trust during the first quarter worth about $43,000. 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.