Analysts Set Medical Properties Trust, Inc. (NYSE:MPW) Target Price at $5.50

Medical Properties Trust, Inc. (NYSE:MPW) has received an average recommendation of “Hold” from the nine analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $5.50.

MPW has been the topic of a number of research analyst reports. Wolfe Research raised Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Truist Financial boosted their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a report on Friday, September 13th. Finally, Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a report on Friday, September 13th.

Medical Properties Trust Stock Down 1.6 %

Shares of MPW stock opened at $4.26 on Friday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The stock has a market cap of $2.56 billion, a PE ratio of -1.01, a price-to-earnings-growth ratio of 0.66 and a beta of 1.32. The business’s fifty day moving average is $5.10 and its 200-day moving average is $4.90. Medical Properties Trust has a 1 year low of $2.92 and a 1 year high of $6.55.

Insiders Place Their Bets

In other news, Director C Reynolds Thompson III sold 20,530 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total value of $89,921.40. Following the completion of the sale, the director now owns 54,637 shares in the company, valued at $239,310.06. This represents a 27.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Elizabeth N. Pitman bought 8,087 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was acquired at an average cost of $6.01 per share, with a total value of $48,602.87. Following the transaction, the director now owns 76,740 shares of the company’s stock, valued at $461,207.40. This trade represents a 11.78 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.53% of the company’s stock.

Hedge Funds Weigh In On Medical Properties Trust

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Medical Properties Trust by 8.2% during the first quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust’s stock worth $437,373,000 after purchasing an additional 7,084,981 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Medical Properties Trust by 4.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust’s stock valued at $37,168,000 after acquiring an additional 328,184 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Medical Properties Trust by 22.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock valued at $29,775,000 after acquiring an additional 1,274,481 shares in the last quarter. Silver Point Capital L.P. increased its stake in shares of Medical Properties Trust by 155.3% in the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock worth $35,100,000 after acquiring an additional 3,650,000 shares during the last quarter. Finally, Wilsey Asset Management Inc. raised its holdings in shares of Medical Properties Trust by 27.2% during the second quarter. Wilsey Asset Management Inc. now owns 4,376,180 shares of the real estate investment trust’s stock worth $18,861,000 after acquiring an additional 936,631 shares in the last quarter. Institutional investors and hedge funds 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.