Analysts Set Medical Properties Trust, Inc. (NYSE:MPW) PT at $5.64

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have been given an average rating of “Hold” by the seven research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $5.75.

MPW has been the subject of a number of recent research reports. StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. Royal Bank of Canada upped their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Wells Fargo & Company upped their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. Finally, Truist Financial decreased their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th.

Hedge Funds Weigh In On Medical Properties Trust

Several institutional investors have recently bought and sold shares of MPW. Quantinno Capital Management LP grew its position in Medical Properties Trust by 35.2% in the third quarter. Quantinno Capital Management LP now owns 31,992 shares of the real estate investment trust’s stock worth $187,000 after acquiring an additional 8,338 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Medical Properties Trust during the 3rd quarter valued at approximately $61,000. McIlrath & Eck LLC purchased a new stake in Medical Properties Trust during the 3rd quarter valued at $82,000. Sanctuary Advisors LLC lifted its position in Medical Properties Trust by 172.7% in the third quarter. Sanctuary Advisors LLC now owns 33,758 shares of the real estate investment trust’s stock worth $197,000 after buying an additional 21,379 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after buying an additional 303,628 shares during the period. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 1.0 %

Shares of Medical Properties Trust stock opened at $5.45 on Tuesday. 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 stock has a market capitalization of $3.27 billion, a PE ratio of -1.29, a P/E/G ratio of 1.01 and a beta of 1.27. Medical Properties Trust has a 1-year low of $3.51 and a 1-year high of $6.55. The company’s fifty day simple moving average is $5.50 and its 200-day simple moving average is $4.80.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were given a dividend of $0.08 per share. The ex-dividend date was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.88%. Medical Properties Trust’s dividend 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.