Medical Properties Trust, Inc. (NYSE:MPW) Receives $4.92 Consensus PT from Analysts

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have been given a consensus rating of “Hold” by the seven brokerages that are presently covering the firm, 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 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $4.92.

MPW has been the topic of several research analyst reports. Truist Financial dropped their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Finally, Mizuho lowered their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th.

Insiders Place Their Bets

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

Institutional Trading of Medical Properties Trust

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadrature Capital Ltd purchased a new stake in Medical Properties Trust in the 3rd quarter worth approximately $927,000. Wolverine Asset Management LLC boosted its holdings in Medical Properties Trust by 27.8% during the third quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust’s stock worth $3,030,000 after buying an additional 112,721 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Medical Properties Trust by 353.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock valued at $20,625,000 after buying an additional 2,748,245 shares during the period. Thrivent Financial for Lutherans increased its holdings in Medical Properties Trust by 22.1% in the second quarter. Thrivent Financial for Lutherans now owns 793,003 shares of the real estate investment trust’s stock valued at $3,418,000 after buying an additional 143,309 shares in the last quarter. Finally, Kestra Investment Management LLC acquired a new position in shares of Medical Properties Trust in the third quarter worth about $883,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

NYSE MPW opened at $3.85 on Friday. The firm’s fifty day simple moving average is $4.15 and its two-hundred day simple moving average is $4.65. The firm has a market capitalization of $2.31 billion, a P/E ratio of -0.91, a P/E/G ratio of 0.62 and a beta of 1.29. 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 has a 12-month low of $2.92 and a 12-month high of $6.55.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 annualized dividend and a yield of 8.31%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

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.