Medical Properties Trust (NYSE:MPW) Stock Price Down 0.4%

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) was down 0.4% on Wednesday . The stock traded as low as $4.90 and last traded at $4.98. Approximately 3,645,665 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 22,224,711 shares. The stock had previously closed at $5.00.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on MPW shares. StockNews.com cut Medical Properties Trust from a "hold" rating to a "sell" rating in a report on Saturday. BNP Paribas raised Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price objective for the company in a report on Friday, March 1st. Royal Bank of Canada reissued a "sector perform" rating and set a $5.00 price target on shares of Medical Properties Trust in a report on Tuesday, May 14th. Colliers Securities cut Medical Properties Trust from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Finally, Truist Financial upped 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. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Medical Properties Trust currently has an average rating of "Hold" and an average target price of $5.75.

Medical Properties Trust Trading Down 1.1 %

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 has a 50-day moving average of $4.58 and a 200 day moving average of $4.34. The company has a market cap of $2.96 billion, a P/E ratio of -2.23, a price-to-earnings-growth ratio of 0.66 and a beta of 1.19.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Monday, April 22nd were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 12.13%. The ex-dividend date was Friday, April 19th. Medical Properties Trust's dividend payout ratio (DPR) is currently -27.03%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of 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 worth $437,373,000 after purchasing an additional 7,084,981 shares during the last quarter. Norges Bank bought a new position in shares of Medical Properties Trust in the fourth quarter worth $25,655,000. Deutsche Bank AG boosted its holdings in shares of Medical Properties Trust by 880.2% in the third quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust's stock worth $21,536,000 after acquiring an additional 3,548,423 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Medical Properties Trust by 30.1% during 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 during the period. Finally, BNP Paribas Financial Markets boosted its stake in Medical Properties Trust by 517.0% during the fourth 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 buying an additional 1,801,858 shares during the period. 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.