Medical Properties Trust, Inc. (NYSE:MPW) Receives $5.25 Average PT from Analysts

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have been given an average recommendation of “Hold” by the eight analysts that are covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $5.25.

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

Medical Properties Trust Stock Performance

NYSE MPW opened at $3.97 on Wednesday. The company’s fifty day moving average is $4.49 and its two-hundred day moving average is $4.80. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of -0.94, a P/E/G ratio of 0.64 and a beta of 1.29. 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 has a 52-week low of $2.92 and a 52-week high of $6.55.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 8.06%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

Insider Activity

In other Medical Properties Trust news, Director Michael G. Stewart sold 32,780 shares of the stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total transaction of $178,978.80. Following the transaction, the director now owns 221,245 shares in the company, valued at $1,207,997.70. This represents a 12.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Institutional Investors Weigh In On Medical Properties Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers grew its stake in shares of Medical Properties Trust by 269.9% during the first quarter. Cetera Investment Advisers now owns 347,247 shares of the real estate investment trust’s stock worth $1,632,000 after buying an additional 253,365 shares during the last quarter. Cetera Advisors LLC increased its holdings in Medical Properties Trust by 11.7% in the 1st quarter. Cetera Advisors LLC now owns 124,863 shares of the real estate investment trust’s stock worth $587,000 after purchasing an additional 13,107 shares in the last quarter. Diversified Trust Co raised its position in Medical Properties Trust by 194.5% in the second quarter. Diversified Trust Co now owns 44,346 shares of the real estate investment trust’s stock valued at $191,000 after purchasing an additional 29,287 shares during the last quarter. Welch Group LLC raised its position in Medical Properties Trust by 48.4% in the second quarter. Welch Group LLC now owns 18,696 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 6,098 shares during the last quarter. Finally, Vanderbilt University boosted its stake in shares of Medical Properties Trust by 16.8% during the second quarter. Vanderbilt University now owns 41,696 shares of the real estate investment trust’s stock valued at $180,000 after purchasing an additional 6,011 shares in the last quarter. 71.79% of the stock is owned by 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.