Medical Properties Trust (NYSE:MPW) Trading Up 1.8%

Medical Properties Trust, Inc. (NYSE:MPWGet Free Report) shares were up 1.8% on Tuesday . The stock traded as high as $5.19 and last traded at $5.13. Approximately 3,208,786 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 22,062,480 shares. The stock had previously closed at $5.04.

Analysts Set New Price Targets

Several brokerages recently commented on MPW. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and lifted their target price for the stock from $2.00 to $5.00 in a report on Wednesday, April 17th. Truist Financial upped their target price on Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research report on Monday, April 8th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target for the company in a report on Friday, March 1st. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a report on Tuesday, May 14th. Finally, Colliers Securities downgraded 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. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and an average target price of $5.75.

Check Out Our Latest Research Report on MPW

Medical Properties Trust Stock Up 0.6 %

The firm’s 50-day moving average price is $4.61 and its 200 day moving average price is $4.33. The company has a current ratio of 3.10, a quick ratio of 2.26 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of -2.31, a PEG ratio of 0.67 and a beta of 1.19.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 annualized dividend and a yield of 11.83%. Medical Properties Trust’s dividend payout ratio is currently -27.03%.

Hedge Funds Weigh In On Medical Properties Trust

Hedge funds and other institutional investors have recently modified their holdings of the business. Lindbrook Capital LLC grew its position in Medical Properties Trust by 112.1% in the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 3,819 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in Medical Properties Trust in the 1st quarter valued at approximately $38,000. Tucker Asset Management LLC boosted its position in Medical Properties Trust by 2,447.6% in the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 7,661 shares in the last quarter. Cetera Trust Company N.A bought a new stake in shares of Medical Properties Trust during the fourth quarter worth $43,000. Finally, Fidelis Capital Partners LLC acquired a new position in shares of Medical Properties Trust during the first quarter worth $43,000. Institutional investors own 71.79% of the company’s stock.

About Medical Properties Trust

(Get Free Report)

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.

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