Medical Properties Trust (NYSE:MPW) Stock Price Down 1.5%

Medical Properties Trust, Inc. (NYSE:MPW) fell 1.5% during trading on Tuesday . The stock traded as low as $4.59 and last traded at $4.67. 4,590,262 shares changed hands during trading, a decline of 80% from the average session volume of 23,009,420 shares. The stock had previously closed at $4.74.

Analyst Ratings Changes

Several research firms have commented on MPW. Mizuho dropped their price objective on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price target for the stock from $2.00 to $5.00 in a report on Wednesday. Royal Bank of Canada lowered their price target on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target on the stock in a report on Friday, March 1st. Finally, Truist Financial increased their price target on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a report on Monday, April 8th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Trading Up 3.2 %

The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. The company’s 50-day moving average is $4.14 and its two-hundred day moving average is $4.37.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 12.58%. The ex-dividend date is Friday, April 19th. Medical Properties Trust’s dividend payout ratio (DPR) is -63.83%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Medical Properties Trust by 0.6% during the first quarter. Vanguard Group Inc. now owns 87,046,765 shares of the real estate investment trust’s stock valued at $1,840,168,000 after acquiring an additional 496,833 shares during the last quarter. State Street Corp grew its position in Medical Properties Trust by 11.7% during the first quarter. State Street Corp now owns 36,158,910 shares of the real estate investment trust’s stock valued at $774,593,000 after acquiring an additional 3,800,294 shares during the last quarter. Geode Capital Management LLC grew its position in Medical Properties Trust by 10.1% during the first quarter. Geode Capital Management LLC now owns 11,479,189 shares of the real estate investment trust’s stock valued at $95,423,000 after acquiring an additional 1,049,687 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in 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 valued at $44,476,000 after acquiring an additional 448,118 shares during the last quarter. Finally, Morgan Stanley grew its position in Medical Properties Trust by 18.4% during the fourth quarter. Morgan Stanley now owns 8,923,634 shares of the real estate investment trust’s stock valued at $99,409,000 after acquiring an additional 1,387,675 shares during the last quarter. 71.79% of the stock is currently owned by institutional investors.

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.