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

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have earned an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $4.92.

MPW has been the subject of a number of research analyst reports. Mizuho cut their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Thursday, December 5th. Truist Financial dropped their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, December 19th.

Medical Properties Trust Trading Down 2.3 %

MPW stock opened at $4.88 on Monday. The business has a fifty day moving average price of $4.31 and a 200 day moving average price of $4.64. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust has a fifty-two week low of $3.51 and a fifty-two week high of $6.55. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of -1.16, a P/E/G ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 6.56%. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction on 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 directly owns 366,913 shares in the company, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.53% of the company’s stock.

Hedge Funds Weigh In On Medical Properties Trust

Several hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP increased its stake in shares of 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 acquiring an additional 4,241 shares during the last quarter. Truvestments Capital LLC acquired a new position in Medical Properties Trust during the third quarter valued at approximately $31,000. RFG Advisory LLC bought a new stake in Medical Properties Trust in the fourth quarter valued at approximately $40,000. Silver Oak Securities Incorporated acquired a new stake in Medical Properties Trust in the fourth quarter worth $40,000. Finally, Verus Capital Partners LLC acquired a new stake in Medical Properties Trust in the fourth quarter worth $40,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Company Profile

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.