Medical Properties Trust (NYSE:MPW) Stock Price Down 9%

Medical Properties Trust, Inc. (NYSE:MPW)’s stock price dropped 9% during trading on Monday . The stock traded as low as $4.31 and last traded at $4.43. Approximately 17,997,321 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 21,586,734 shares. The stock had previously closed at $4.87.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MPW. StockNews.com downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target on the stock in a research note on Friday, March 1st. Colliers Securities cut Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their price target for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price target for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. Finally, Royal Bank of Canada cut their price target on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 20th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Medical Properties Trust currently has an average rating of “Hold” and a consensus target price of $5.75.

Medical Properties Trust Price Performance

The company has a market capitalization of $2.68 billion, a P/E ratio of -4.76, a price-to-earnings-growth ratio of 0.55 and a beta of 1.19. The company has a fifty day moving average price of $4.41 and a 200 day moving average price of $4.32. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 13.42%. The ex-dividend date was Friday, April 19th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -63.83%.

Hedge Funds Weigh In On Medical Properties Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MPW. Lindbrook Capital LLC grew its holdings in Medical Properties Trust by 112.1% in the 1st quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 3,819 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in Medical Properties Trust in the 1st quarter worth approximately $38,000. Tucker Asset Management LLC grew its holdings in Medical Properties Trust by 2,447.6% in the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 7,661 shares in the last quarter. Cetera Trust Company N.A bought a new position in Medical Properties Trust in the 4th quarter worth approximately $43,000. Finally, Fidelis Capital Partners LLC acquired a new stake in Medical Properties Trust in the first quarter worth approximately $43,000. 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.