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

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $4.92.

Several equities research analysts recently issued reports on MPW shares. Mizuho reduced 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 report on Thursday, December 5th. Truist Financial cut their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th.

Medical Properties Trust Trading Up 2.2 %

Medical Properties Trust stock opened at $4.80 on Thursday. The firm has a 50 day moving average of $4.13 and a 200 day moving average of $4.64. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of -1.14, a P/E/G ratio of 0.86 and a beta of 1.32. Medical Properties Trust has a 12-month low of $3.13 and a 12-month high of $6.55. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date of this dividend was Thursday, December 12th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

Insider Activity at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the transaction, the chief accounting officer now directly 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.53% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Silver Point Capital L.P. grew its holdings in shares of Medical Properties Trust by 155.3% in the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock valued at $35,100,000 after purchasing an additional 3,650,000 shares in the last quarter. Wilsey Asset Management Inc. lifted its position in Medical Properties Trust by 8.5% in the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock worth $18,379,000 after buying an additional 362,582 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Medical Properties Trust by 353.5% in 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 worth $20,625,000 after buying an additional 2,748,245 shares during the last quarter. Principal Financial Group Inc. lifted its position in Medical Properties Trust by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 2,912,274 shares of the real estate investment trust’s stock worth $11,503,000 after buying an additional 86,925 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Medical Properties Trust by 21.7% in the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after buying an additional 303,628 shares during the last quarter. 71.79% of the stock is 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.