Medical Properties Trust (NYSE:MPW) Upgraded at StockNews.com

StockNews.com upgraded shares of Medical Properties Trust (NYSE:MPW) from a sell rating to a hold rating in a research report released on Monday morning.

Several other equities research analysts also recently weighed in on MPW. Mizuho reduced their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. Truist Financial reduced 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. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $4.92.

Medical Properties Trust Price Performance

NYSE:MPW opened at $5.74 on Monday. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of -1.36, a PEG ratio of 1.01 and a beta of 1.32. Medical Properties Trust has a 1 year low of $3.51 and a 1 year high of $6.55. The business has a 50 day simple moving average of $4.52 and a 200-day simple moving average of $4.67. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 5.58%. Medical Properties Trust’s payout ratio is currently -8.42%.

Insiders Place Their Bets

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the transaction, the chief accounting officer now directly owns 366,913 shares in the company, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.53% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MPW. Silver Point Capital L.P. increased its holdings in Medical Properties Trust by 155.3% during the 3rd 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 purchasing an additional 3,650,000 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Medical Properties Trust by 353.5% in the 3rd 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 acquiring an additional 2,748,245 shares during the period. Northern Trust Corp increased its holdings in shares of Medical Properties Trust by 60.8% in the 4th quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust’s stock valued at $24,921,000 after acquiring an additional 2,385,081 shares during the period. APG Asset Management US Inc. purchased a new position in shares of Medical Properties Trust in the 4th quarter valued at $5,209,000. Finally, Hudson Bay Capital Management LP purchased a new position in shares of Medical Properties Trust in the 4th quarter valued at $4,562,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

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.