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

Medical Properties Trust, Inc. (NYSE:MPW) has been assigned an average rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $5.64.

Several research analysts recently issued reports on the stock. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Wells Fargo & Company increased their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Truist Financial dropped their price objective on 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. Finally, Mizuho reduced their target price on shares of 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.

Insider Transactions at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the company’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 transaction of $43,304.52. Following the transaction, the chief accounting officer now directly owns 366,913 shares in the company, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.53% of the company’s stock.

Institutional Trading of Medical Properties Trust

A number of hedge funds and other institutional investors have recently modified their holdings of MPW. Truvestments Capital LLC bought a new position in Medical Properties Trust in the 3rd quarter valued at $31,000. Allworth Financial LP lifted its stake in shares of Medical Properties Trust by 230.4% during the fourth 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 period. Verus Capital Partners LLC bought a new position in Medical Properties Trust in the fourth quarter valued at about $40,000. RS Crum Inc. acquired a new stake in Medical Properties Trust in the fourth quarter worth about $40,000. Finally, RFG Advisory LLC bought a new stake in Medical Properties Trust during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 1.1 %

Shares of MPW stock opened at $6.18 on Friday. The firm has a fifty day moving average of $5.08 and a 200-day moving average of $4.80. The stock has a market cap of $3.71 billion, a price-to-earnings ratio of -1.46, a P/E/G ratio of 1.01 and a beta of 1.32. Medical Properties Trust has a 52-week low of $3.51 and a 52-week high of $6.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 5.18%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

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.