Medical Properties Trust (NYSE:MPW) Shares Down 1.5%

Shares of Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) dropped 1.5% on Tuesday . The company traded as low as $5.13 and last traded at $5.15. Approximately 2,398,826 shares traded hands during trading, a decline of 89% from the average daily volume of 22,221,488 shares. The stock had previously closed at $5.23.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on MPW. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating and upped their price target for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Royal Bank of Canada reissued a "sector perform" rating and issued a $5.00 price objective on shares of Medical Properties Trust in a report on Tuesday, May 14th. Truist Financial increased their target price on Medical Properties Trust from $4.00 to $4.50 and gave the stock 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 target for the company in a report on Friday, March 1st. Finally, Colliers Securities cut Medical Properties Trust from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, Medical Properties Trust currently has a consensus rating of "Hold" and a consensus price target of $5.75.

Medical Properties Trust Stock Performance

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 stock has a fifty day moving average price of $4.57 and a two-hundred day moving average price of $4.33. The company has a market cap of $3.00 billion, a P/E ratio of -2.25, a PEG ratio of 0.59 and a beta of 1.19.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 11.99%. The ex-dividend date of this dividend was Friday, April 19th. Medical Properties Trust's payout ratio is currently -27.03%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Lasalle Investment Management Securities LLC grew its position in Medical Properties Trust by 49.6% in the 3rd quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust's stock valued at $27,609,000 after buying an additional 1,680,200 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of Medical Properties Trust by 93.2% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 204,807 shares of the real estate investment trust's stock valued at $1,117,000 after acquiring an additional 98,807 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 valued at $1,850,000 after acquiring an additional 3,322 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its position in Medical Properties Trust by 5.3% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,546,115 shares of the real estate investment trust's stock worth $22,321,000 after purchasing an additional 228,716 shares during the period. Finally, Kingswood Wealth Advisors LLC bought a new position in Medical Properties Trust during the 4th quarter valued at $109,000. 71.79% of the stock is 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.