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

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have been given a consensus rating of “Hold” by the seven analysts that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $4.92.

Several research analysts have recently commented on MPW shares. Truist Financial dropped their price target on shares of 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 raised shares of Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Colliers Securities raised Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target for the company in a research report on Friday, September 13th. Finally, Mizuho decreased their price target on 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.

Medical Properties Trust Trading Up 3.2 %

NYSE:MPW opened at $4.15 on Friday. The company has a market capitalization of $2.49 billion, a P/E ratio of -0.98, a P/E/G ratio of 0.62 and a beta of 1.29. The stock’s 50 day moving average price is $4.22 and its 200 day moving average price is $4.68. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. Medical Properties Trust has a 52 week low of $2.92 and a 52 week high of $6.55.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 7.71%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

Insider Transactions at Medical Properties Trust

In other Medical Properties Trust news, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total value of $178,978.80. Following the transaction, the director now directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. The trade was a 12.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,421 shares of company stock worth $233,293. Company insiders own 1.53% of the company’s stock.

Institutional Trading of Medical Properties Trust

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Future Financial Wealth Managment LLC bought a new stake in shares of Medical Properties Trust in the third quarter valued at about $29,000. Truvestments Capital LLC acquired a new position in Medical Properties Trust in the 3rd quarter valued at approximately $31,000. GAMMA Investing LLC lifted its position in shares of Medical Properties Trust by 107.3% in the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 3,145 shares during the period. Frank Rimerman Advisors LLC acquired a new stake in shares of Medical Properties Trust during the 2nd quarter worth approximately $47,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Medical Properties Trust during the second quarter valued at approximately $56,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

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.