Brokerages Set Medical Properties Trust, Inc. (NYSE:MPW) Target Price at $4.92

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have earned a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $4.92.

Several equities research analysts have recently issued reports on the stock. Mizuho lowered 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 dropped their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Finally, Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction dated 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 sale, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.53% of the company’s stock.

Institutional Investors Weigh In On Medical Properties Trust

Several large investors have recently modified their holdings of MPW. Dimensional Fund Advisors LP increased its holdings in Medical Properties Trust by 4.0% during the second 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 buying an additional 328,184 shares during the period. Silver Point Capital L.P. increased its holdings in shares of Medical Properties Trust by 155.3% in the 3rd 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 acquiring an additional 3,650,000 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position 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 in the last quarter. JPMorgan Chase & Co. raised its position in shares of Medical Properties Trust by 21.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after acquiring an additional 303,628 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in shares of Medical Properties Trust by 16.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust’s stock worth $7,998,000 after purchasing an additional 192,955 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 1.5 %

Shares of MPW opened at $3.85 on Friday. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The business has a fifty day moving average of $4.15 and a 200 day moving average of $4.65. The company has a market cap of $2.31 billion, a PE ratio of -0.91, a P/E/G ratio of 0.62 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.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date was Thursday, December 12th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -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.