Medical Properties Trust, Inc. (NYSE:MPW) Given Consensus Rating of “Reduce” by Analysts

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have earned a consensus rating of “Reduce” from the thirteen brokerages that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $5.75.

MPW has been the subject of a number of research analyst reports. StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Colliers Securities cut shares of 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. KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Truist Financial raised their price objective on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research note on Monday, April 8th. Finally, Mizuho reduced their target price on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 3rd.

Institutional Trading of Medical Properties Trust

A number of institutional investors have recently added to or reduced their stakes in MPW. Charles Schwab Investment Management Inc. lifted its stake in shares of Medical Properties Trust by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock worth $44,476,000 after purchasing an additional 448,118 shares in the last quarter. Coatue Management LLC raised its holdings in shares of Medical Properties Trust by 18.5% during the 4th quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock valued at $33,420,000 after buying an additional 1,060,830 shares during the period. Lasalle Investment Management Securities LLC lifted its position in Medical Properties Trust by 6.5% during the 4th quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock worth $26,490,000 after acquiring an additional 329,224 shares in the last quarter. Norges Bank purchased a new position in Medical Properties Trust in the 4th quarter worth approximately $25,655,000. Finally, Legal & General Group Plc grew its position in Medical Properties Trust by 0.3% in the third quarter. Legal & General Group Plc now owns 4,852,620 shares of the real estate investment trust’s stock valued at $26,447,000 after acquiring an additional 13,585 shares in the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $4.78 on Tuesday. Medical Properties Trust has a 12 month low of $2.92 and a 12 month high of $10.74. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of -5.09, a price-to-earnings-growth ratio of 1.36 and a beta of 1.20. The business’s 50 day simple moving average is $4.31 and its 200-day simple moving average is $4.33. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.55%. The ex-dividend date is Friday, April 19th. Medical Properties Trust’s dividend payout ratio is presently -63.83%.

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.