Medical Properties Trust, Inc. (NYSE:MPW) Receives $4.92 Average Price Target from Brokerages

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have earned an average rating of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $4.92.

Several research analysts recently weighed in on the stock. Mizuho cut their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target on the stock in a report on Friday, September 13th. Truist Financial decreased their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Finally, Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $3.91 on Friday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The stock has a market cap of $2.35 billion, a PE ratio of -0.93, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The stock’s fifty day simple moving average is $4.19 and its two-hundred day simple moving average is $4.66. Medical Properties Trust has a 1-year low of $2.92 and a 1-year high of $6.55.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be given 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 Activity

In related news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.53% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC grew its stake in Medical Properties Trust by 4.2% during the second quarter. Commonwealth Equity Services LLC now owns 195,102 shares of the real estate investment trust’s stock valued at $841,000 after acquiring an additional 7,856 shares in the last quarter. Natixis Advisors LLC increased its holdings in shares of Medical Properties Trust by 38.3% in the second quarter. Natixis Advisors LLC now owns 75,797 shares of the real estate investment trust’s stock worth $327,000 after purchasing an additional 20,999 shares during the period. Versor Investments LP purchased a new stake in shares of Medical Properties Trust in the second quarter worth $71,000. Arizona State Retirement System boosted its stake in Medical Properties Trust by 1.9% during the second quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock valued at $723,000 after buying an additional 3,103 shares during the period. Finally, Ballentine Partners LLC grew its position in Medical Properties Trust by 40.0% during the second quarter. Ballentine Partners LLC now owns 45,230 shares of the real estate investment trust’s stock worth $195,000 after buying an additional 12,914 shares in the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

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.