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

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have received a consensus rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $4.92.

MPW has been the topic of several analyst reports. Truist Financial cut their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target for the company in a report on Friday, September 13th. Mizuho reduced their price objective on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Finally, Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $4.15 on Friday. The firm’s fifty day simple moving average is $4.22 and its 200 day simple moving average is $4.68. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. Medical Properties Trust has a twelve month low of $2.92 and a twelve month high of $6.55. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of -0.98, a PEG ratio of 0.62 and a beta of 1.29.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 7.71%. Medical Properties Trust’s payout ratio is -7.58%.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the sale, the chief accounting officer now directly owns 366,913 shares in the company, valued at $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total transaction of $178,978.80. Following the completion of the transaction, the director now owns 221,245 shares in the company, valued at approximately $1,207,997.70. This trade represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 47,421 shares of company stock valued at $233,293. Company insiders own 1.53% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MPW. Ables Iannone Moore & Associates Inc. grew its holdings in shares of Medical Properties Trust by 3.4% during the third quarter. Ables Iannone Moore & Associates Inc. now owns 58,707 shares of the real estate investment trust’s stock valued at $343,000 after buying an additional 1,939 shares in the last quarter. KG&L Capital Management LLC increased its holdings in shares of Medical Properties Trust by 5.3% in the 3rd quarter. KG&L Capital Management LLC now owns 50,875 shares of the real estate investment trust’s stock valued at $298,000 after purchasing an additional 2,550 shares during the period. Arizona State Retirement System lifted its position in shares of Medical Properties Trust by 1.9% in the second quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock worth $723,000 after purchasing an additional 3,103 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Medical Properties Trust by 107.3% during the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 3,145 shares during the period. Finally, Commerce Bank grew its position in Medical Properties Trust by 4.0% during the third quarter. Commerce Bank now owns 89,058 shares of the real estate investment trust’s stock valued at $521,000 after purchasing an additional 3,435 shares in the last quarter. 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.