Medical Properties Trust, Inc. (NYSE:MPW) Receives $4.92 Average Target Price from Analysts

Medical Properties Trust, Inc. (NYSE:MPW) has received an average rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $4.92.

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

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $5.90 on Monday. The stock has a 50-day moving average price of $4.40 and a two-hundred day moving average price of $4.65. Medical Properties Trust has a 12 month low of $3.51 and a 12 month high of $6.55. The company has a market capitalization of $3.54 billion, a PE ratio of -1.40, a P/E/G ratio of 1.01 and a beta of 1.32. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a $0.08 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.43%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -7.58%.

Insider Transactions at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction 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 sale, the chief accounting officer now owns 366,913 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through this hyperlink. 1.53% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Silver Point Capital L.P. grew its stake in Medical Properties Trust by 155.3% during the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock worth $35,100,000 after purchasing an additional 3,650,000 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Medical Properties Trust by 353.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock worth $20,625,000 after buying an additional 2,748,245 shares during the period. Northern Trust Corp grew its position in shares of Medical Properties Trust by 60.8% during the 4th quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust’s stock worth $24,921,000 after buying an additional 2,385,081 shares during the period. APG Asset Management US Inc. bought a new stake in shares of Medical Properties Trust in the 4th quarter valued at $5,209,000. Finally, Hudson Bay Capital Management LP acquired a new position in shares of Medical Properties Trust during the 4th quarter valued at $4,562,000. 71.79% of the stock is owned by institutional investors.

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.