Medical Properties Trust (NYSE:MPW) Shares Down 2.5%

Medical Properties Trust, Inc. (NYSE:MPW)’s share price was down 2.5% during mid-day trading on Monday . The company traded as low as $4.40 and last traded at $4.59. Approximately 5,112,501 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 19,011,557 shares. The stock had previously closed at $4.71.

Analyst Ratings Changes

MPW has been the subject of several research reports. BNP Paribas lowered shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $6.00 to $4.00 in a report on Tuesday, July 2nd. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Truist Financial boosted their target price on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a report on Thursday, May 30th. Colliers Securities downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price target for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $5.61.

Medical Properties Trust Stock Down 2.5 %

The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of -2.09, a P/E/G ratio of 0.65 and a beta of 1.27. The stock’s fifty day moving average price is $4.81 and its 200-day moving average price is $4.42.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th were given a dividend of $0.15 per share. The ex-dividend date was Monday, June 10th. This represents a $0.60 dividend on an annualized basis and a yield of 13.07%. Medical Properties Trust’s dividend payout ratio (DPR) is -27.03%.

Institutional Investors Weigh In On Medical Properties Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Medical Properties Trust by 8.2% during the first quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust’s stock worth $437,373,000 after acquiring an additional 7,084,981 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Medical Properties Trust by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock worth $44,476,000 after acquiring an additional 448,118 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Medical Properties Trust by 22.6% during the second quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock worth $29,775,000 after acquiring an additional 1,274,481 shares in the last quarter. Coatue Management LLC raised its stake in Medical Properties Trust by 18.5% during the fourth quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock worth $33,420,000 after acquiring an additional 1,060,830 shares in the last quarter. Finally, Lasalle Investment Management Securities LLC raised its stake in Medical Properties Trust by 6.5% during the fourth quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock worth $26,490,000 after acquiring an additional 329,224 shares in the last quarter. 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.