Medical Properties Trust, Inc. (NYSE:MPW) Receives Consensus Rating of “Hold” from Analysts

Medical Properties Trust, Inc. (NYSE:MPW) has received a consensus rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $5.64.

A number of analysts have recently commented on the company. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. Wells Fargo & Company lifted their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Royal Bank of Canada lifted their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th. StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Finally, Mizuho cut their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th.

Insider Activity at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the transaction, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. The trade was a 3.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.53% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Medical Properties Trust

Several institutional investors have recently added to or reduced their stakes in MPW. Allworth Financial LP boosted its holdings in Medical Properties Trust by 230.4% in the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 4,241 shares in the last quarter. Truvestments Capital LLC purchased a new stake in Medical Properties Trust in the 3rd quarter valued at approximately $31,000. RFG Advisory LLC purchased a new stake in Medical Properties Trust in the 4th quarter valued at approximately $40,000. Silver Oak Securities Incorporated purchased a new stake in Medical Properties Trust in the 4th quarter valued at approximately $40,000. Finally, Verus Capital Partners LLC purchased a new stake in Medical Properties Trust in the 4th quarter valued at approximately $40,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 0.9 %

Medical Properties Trust stock opened at $5.93 on Friday. Medical Properties Trust has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The stock has a market cap of $3.56 billion, a PE ratio of -1.40, a P/E/G ratio of 1.01 and a beta of 1.32. The stock’s fifty day moving average is $5.00 and its two-hundred day moving average is $4.78.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 5.40%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

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.