Medical Properties Trust, Inc. (NYSE:MPW) Receives $5.64 Consensus PT from Brokerages

Medical Properties Trust, Inc. (NYSE:MPW) has received an average rating of “Hold” from the eight research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $5.64.

Several equities research analysts have recently issued reports on MPW shares. Wells Fargo & Company raised their target price on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Royal Bank of Canada raised their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a report on Monday, March 10th. Mizuho lowered their price objective on shares of 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. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and increased their target price for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Finally, Truist Financial decreased their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, December 19th.

Insider Buying and Selling

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction 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 sale, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.53% of the stock is owned by insiders.

Institutional Trading of Medical Properties Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in MPW. Quadrature Capital Ltd purchased a new position in Medical Properties Trust during the 3rd quarter valued at about $927,000. JPMorgan Chase & Co. boosted its position in shares of Medical Properties Trust by 21.7% in the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after acquiring an additional 303,628 shares during the period. Versor Investments LP grew its stake in Medical Properties Trust by 192.3% during the fourth quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock valued at $1,126,000 after acquiring an additional 187,500 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Medical Properties Trust by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust’s stock worth $34,912,000 after acquiring an additional 118,577 shares during the period. Finally, Y Intercept Hong Kong Ltd lifted its stake in Medical Properties Trust by 506.8% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust’s stock worth $250,000 after purchasing an additional 52,790 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Stock Performance

Shares of MPW opened at $6.00 on Friday. The stock has a 50 day moving average of $5.04 and a 200 day moving average of $4.79. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of -1.42, a PEG ratio of 1.01 and a beta of 1.32. Medical Properties Trust has a 12 month low of $3.51 and a 12 month high of $6.55. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s payout ratio is currently -8.42%.

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.