Medical Properties Trust (NYSE:MPW) Shares Up 2.5%

Medical Properties Trust, Inc. (NYSE:MPW) shares shot up 2.5% during trading on Thursday . The company traded as high as $4.94 and last traded at $4.89. 4,226,800 shares were traded during mid-day trading, a decline of 81% from the average session volume of 22,724,980 shares. The stock had previously closed at $4.77.

Analyst Ratings Changes

A number of research firms have recently commented on MPW. Truist Financial boosted their price objective on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research note on Monday, April 8th. Colliers Securities lowered Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their target price for the stock from $10.00 to $4.25 in a research report on Wednesday, April 10th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a research report on Friday, March 1st. KeyCorp reaffirmed a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Finally, StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Five analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Stock Up 3.4 %

The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of -5.20, a price-to-earnings-growth ratio of 1.37 and a beta of 1.20. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. The firm has a 50-day moving average of $4.14 and a two-hundred day moving average of $4.37.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 12.17%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust’s payout ratio is -63.83%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MPW. Advisors Asset Management Inc. purchased a new position in Medical Properties Trust in the third quarter valued at about $28,000. Future Financial Wealth Managment LLC purchased a new position in Medical Properties Trust in the first quarter valued at about $38,000. Tucker Asset Management LLC grew its stake in Medical Properties Trust by 2,447.6% in the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 7,661 shares in the last quarter. Cetera Trust Company N.A purchased a new position in Medical Properties Trust in the fourth quarter valued at about $43,000. Finally, Cary Street Partners Investment Advisory LLC grew its stake in Medical Properties Trust by 861.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 8,615 shares in the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

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.