Medical Properties Trust, Inc. (NYSE:MPW) Given Average Rating of “Reduce” by Brokerages

Medical Properties Trust, Inc. (NYSE:MPW) has received an average rating of “Reduce” from the thirteen brokerages that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $5.80.

Several analysts have issued reports on the stock. 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, May 14th. 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 report on Friday, March 1st. Truist Financial upped their target price on Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a report on Thursday, May 30th. StockNews.com cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 18th. Finally, Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th.

Institutional Trading of Medical Properties Trust

Several large investors have recently modified their holdings of MPW. Lindbrook Capital LLC increased its stake in shares of Medical Properties Trust by 112.1% in the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 3,819 shares during the period. Future Financial Wealth Managment LLC bought a new position in Medical Properties Trust in the 1st quarter worth approximately $38,000. Tucker Asset Management LLC lifted its holdings 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 worth $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 approximately $43,000. Finally, Fidelis Capital Partners LLC acquired a new stake in shares of Medical Properties Trust in the first quarter worth $43,000. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Price Performance

MPW stock opened at $4.81 on Wednesday. The company has a debt-to-equity ratio of 1.51, a current ratio of 3.10 and a quick ratio of 3.10. The firm has a market capitalization of $2.89 billion, a P/E ratio of -2.17, a P/E/G ratio of 0.69 and a beta of 1.27. Medical Properties Trust has a 52-week low of $2.92 and a 52-week high of $10.74. The company’s 50 day simple moving average is $4.89 and its 200-day simple moving average is $4.39.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.47%. The ex-dividend date is Monday, June 10th. Medical Properties Trust’s dividend payout ratio is -27.03%.

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.