Medical Properties Trust, Inc. (NYSE:MPW) Receives $5.25 Consensus Price Target from Analysts

Medical Properties Trust, Inc. (NYSE:MPW) has been assigned an average recommendation of “Hold” from the eight analysts that are covering the company, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $5.25.

MPW has been the topic of a number of analyst reports. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Mizuho reduced their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. Truist Financial raised their price target on shares of Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a report on Friday, September 13th. Finally, Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective on the stock in a research note on Friday, September 13th.

Insider Buying and Selling at Medical Properties Trust

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 stock was sold at an average price of $5.46, for a total value of $178,978.80. Following the transaction, the director now owns 221,245 shares in the company, valued at approximately $1,207,997.70. This represents a 12.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.53% of the company’s stock.

Hedge Funds Weigh In On Medical Properties Trust

A number of institutional investors have recently modified their holdings of MPW. Dimensional Fund Advisors LP increased its stake in Medical Properties Trust by 4.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust’s stock valued at $37,168,000 after purchasing an additional 328,184 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Medical Properties Trust by 22.6% in the second quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock valued at $29,775,000 after buying an additional 1,274,481 shares in the last quarter. Silver Point Capital L.P. grew its holdings in shares of Medical Properties Trust by 155.3% during 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 buying an additional 3,650,000 shares during the last quarter. Wilsey Asset Management Inc. increased its position in shares of Medical Properties Trust by 27.2% during the second quarter. Wilsey Asset Management Inc. now owns 4,376,180 shares of the real estate investment trust’s stock worth $18,861,000 after acquiring an additional 936,631 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Medical Properties Trust by 353.5% in the 3rd 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 acquiring an additional 2,748,245 shares during the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $3.97 on Wednesday. The firm has a market cap of $2.38 billion, a PE ratio of -0.94, a price-to-earnings-growth ratio of 0.64 and a beta of 1.29. Medical Properties Trust has a 52 week low of $2.92 and a 52 week high of $6.55. The firm’s fifty day moving average is $4.49 and its 200-day moving average is $4.80. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be issued a $0.08 dividend. 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 payout ratio is -7.58%.

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.