Analysts Set Medical Properties Trust, Inc. (NYSE:MPW) PT at $5.64

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have received a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $5.75.

Several analysts have issued reports on the stock. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their price target for the company from $5.00 to $9.00 in a report on Wednesday, March 12th. Royal Bank of Canada upped their target price on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research note on Monday, March 10th. Wells Fargo & Company raised their price target 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. Finally, StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd.

Institutional Investors Weigh In On Medical Properties Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Quantinno Capital Management LP boosted its position in Medical Properties Trust by 35.2% during the 3rd quarter. Quantinno Capital Management LP now owns 31,992 shares of the real estate investment trust’s stock valued at $187,000 after purchasing an additional 8,338 shares during the period. Y Intercept Hong Kong Ltd bought a new position in shares of Medical Properties Trust during the third quarter worth about $61,000. McIlrath & Eck LLC bought a new stake in Medical Properties Trust in the 3rd quarter valued at about $82,000. Sanctuary Advisors LLC boosted its stake in Medical Properties Trust by 172.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 33,758 shares of the real estate investment trust’s stock valued at $197,000 after purchasing an additional 21,379 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Medical Properties Trust by 21.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after purchasing an additional 303,628 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Trading Down 4.2 %

NYSE:MPW opened at $5.22 on Tuesday. Medical Properties Trust has a 52-week low of $3.51 and a 52-week high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The stock has a fifty day simple moving average of $5.53 and a 200-day simple moving average of $4.78. The company has a market capitalization of $3.14 billion, a PE ratio of -1.24, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were given a $0.08 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.13%. Medical Properties Trust’s 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.