Analysts Set Medical Properties Trust, Inc. (NYSE:MPW) PT at $4.92

Medical Properties Trust, Inc. (NYSE:MPW) has earned an average recommendation of “Hold” from the seven brokerages that are covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $4.92.

A number of research firms have weighed in on MPW. Mizuho lowered their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Truist Financial decreased their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Finally, Colliers Securities upgraded 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 research report on Friday, September 13th.

Medical Properties Trust Price Performance

MPW stock opened at $3.91 on Friday. The firm has a 50 day simple moving average of $4.19 and a two-hundred day simple moving average of $4.66. The stock has a market cap of $2.35 billion, a PE ratio of -0.93, a P/E/G ratio of 0.62 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.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 8.18%. Medical Properties Trust’s dividend payout ratio is presently -7.58%.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Institutional Trading of Medical Properties Trust

Institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in Medical Properties Trust by 4.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 195,102 shares of the real estate investment trust’s stock valued at $841,000 after purchasing an additional 7,856 shares during the last quarter. Natixis Advisors LLC increased its holdings in Medical Properties Trust by 38.3% in the 2nd quarter. Natixis Advisors LLC now owns 75,797 shares of the real estate investment trust’s stock worth $327,000 after buying an additional 20,999 shares in the last quarter. Versor Investments LP bought a new stake in Medical Properties Trust in the 2nd quarter worth about $71,000. Arizona State Retirement System raised its position in Medical Properties Trust by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock worth $723,000 after buying an additional 3,103 shares during the last quarter. Finally, Ballentine Partners LLC lifted its stake in Medical Properties Trust by 40.0% during the 2nd quarter. Ballentine Partners LLC now owns 45,230 shares of the real estate investment trust’s stock valued at $195,000 after acquiring an additional 12,914 shares during the period. 71.79% of the stock is owned by hedge funds and other 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.