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

Medical Properties Trust, Inc. (NYSE:MPW) has earned an average recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $5.25.

Several research analysts have commented on the company. Mizuho cut their target price on 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. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price on the stock in a report on Friday, September 13th. Finally, Truist Financial increased their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Friday, September 13th.

Insider Activity

In related news, Director Michael G. Stewart sold 32,780 shares of the stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total transaction of $178,978.80. Following the transaction, the director now owns 221,245 shares of the company’s stock, valued at approximately $1,207,997.70. This trade represents a 12.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Elizabeth N. Pitman purchased 8,087 shares of the stock in a transaction on Wednesday, September 18th. The stock was acquired at an average cost of $6.01 per share, with a total value of $48,602.87. Following the completion of the purchase, the director now directly owns 76,740 shares of the company’s stock, valued at $461,207.40. The trade was a 11.78 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.53% of the company’s stock.

Institutional Investors Weigh In On Medical Properties Trust

Institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its position in Medical Properties Trust by 269.9% during the 1st quarter. Cetera Investment Advisers now owns 347,247 shares of the real estate investment trust’s stock valued at $1,632,000 after purchasing an additional 253,365 shares during the last quarter. Cetera Advisors LLC lifted its stake in Medical Properties Trust by 11.7% in the first quarter. Cetera Advisors LLC now owns 124,863 shares of the real estate investment trust’s stock worth $587,000 after acquiring an additional 13,107 shares during the period. Diversified Trust Co boosted its holdings in Medical Properties Trust by 194.5% in the second quarter. Diversified Trust Co now owns 44,346 shares of the real estate investment trust’s stock valued at $191,000 after acquiring an additional 29,287 shares in the last quarter. Welch Group LLC increased its position in Medical Properties Trust by 48.4% during the 2nd quarter. Welch Group LLC now owns 18,696 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 6,098 shares during the period. Finally, Vanderbilt University raised its holdings in Medical Properties Trust by 16.8% in the 2nd quarter. Vanderbilt University now owns 41,696 shares of the real estate investment trust’s stock worth $180,000 after purchasing an additional 6,011 shares in the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $4.10 on Wednesday. The firm has a market capitalization of $2.46 billion, a P/E ratio of -0.97, a PEG ratio of 0.64 and a beta of 1.29. Medical Properties Trust has a one year low of $2.92 and a one year high of $6.55. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The business has a fifty day moving average price of $4.62 and a 200-day moving average price of $4.83.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.80%. The ex-dividend date is Thursday, December 12th. Medical Properties Trust’s payout ratio is -7.58%.

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.