Medical Properties Trust, Inc. (NYSE:MPW) Receives Average Recommendation of “Hold” from Brokerages

Medical Properties Trust, Inc. (NYSE:MPW) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $5.50.

Several equities analysts have commented on the company. Colliers Securities raised Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective on the stock in a research report on Friday, September 13th. Wolfe Research raised Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Finally, Truist Financial upped their price objective on Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Friday, September 13th.

Insiders Place Their Bets

In other Medical Properties Trust news, Director Elizabeth N. Pitman purchased 8,087 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The shares were acquired at an average price of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the purchase, the director now owns 76,740 shares in the company, valued at $461,207.40. The trade was a 11.78 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael G. Stewart sold 32,780 shares of the business’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the transaction, the director now owns 221,245 shares in the company, valued at approximately $1,207,997.70. This trade represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. 1.53% of the stock is owned by insiders.

Hedge Funds Weigh In On Medical Properties Trust

Institutional investors have recently made changes to their positions in the stock. Future Financial Wealth Managment LLC acquired a new stake in Medical Properties Trust in the third quarter worth approximately $29,000. Truvestments Capital LLC acquired a new stake in shares of Medical Properties Trust during the 3rd quarter valued at $31,000. GAMMA Investing LLC lifted its position in shares of Medical Properties Trust by 107.3% during the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 3,145 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of Medical Properties Trust by 435.0% during the 2nd quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 6,482 shares during the last quarter. Finally, Iron Horse Wealth Management LLC lifted its position in shares of Medical Properties Trust by 166.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 5,000 shares during the last quarter. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Up 0.7 %

Shares of MPW opened at $4.31 on Friday. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of -1.02, a price-to-earnings-growth ratio of 0.68 and a beta of 1.32. Medical Properties Trust has a 1 year low of $2.92 and a 1 year high of $6.55. The business’s 50 day simple moving average is $5.14 and its 200-day simple moving average is $4.91. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.93.

Medical Properties Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Monday, September 9th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, September 9th. This represents a $0.32 dividend on an annualized basis and a yield of 7.42%. Medical Properties Trust’s payout ratio is -7.58%.

About Medical Properties Trust

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.