Medical Properties Trust (NYSE:MPW) Shares Gap Down to $5.31

Medical Properties Trust, Inc. (NYSE:MPW)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $5.31, but opened at $5.17. Medical Properties Trust shares last traded at $5.13, with a volume of 1,579,513 shares traded.

Analysts Set New Price Targets

Several equities analysts recently issued reports on MPW shares. Truist Financial boosted their target price on shares of Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a research note on Thursday, May 30th. Colliers Securities cut shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their target price for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. BNP Paribas cut shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $6.00 to $4.00 in a research note on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and upped their price objective for the stock from $2.00 to $5.00 in a research report on Wednesday, April 17th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $5.00 price objective on shares of Medical Properties Trust in a research report on Tuesday, May 14th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $5.61.

Medical Properties Trust Price Performance

The company has a debt-to-equity ratio of 1.51, a current ratio of 3.10 and a quick ratio of 3.10. The stock has a market cap of $3.02 billion, a PE ratio of -2.27, a price-to-earnings-growth ratio of 0.75 and a beta of 1.27. The stock’s fifty day moving average is $4.84 and its 200-day moving average is $4.36.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 11.90%. The ex-dividend date of this dividend was Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of MPW. Keynote Financial Services LLC lifted its position in shares of Medical Properties Trust by 4.8% during the second quarter. Keynote Financial Services LLC now owns 59,188 shares of the real estate investment trust’s stock worth $255,000 after purchasing an additional 2,715 shares in the last quarter. Collective Family Office LLC raised its holdings in Medical Properties Trust by 16.8% in the first quarter. Collective Family Office LLC now owns 21,720 shares of the real estate investment trust’s stock valued at $102,000 after acquiring an additional 3,120 shares in the last quarter. Amalgamated Bank raised its holdings in Medical Properties Trust by 0.9% in the fourth quarter. Amalgamated Bank now owns 376,806 shares of the real estate investment trust’s stock valued at $1,850,000 after acquiring an additional 3,322 shares in the last quarter. United Services Automobile Association increased its stake in Medical Properties Trust by 9.0% in the fourth quarter. United Services Automobile Association now owns 46,006 shares of the real estate investment trust’s stock valued at $226,000 after purchasing an additional 3,786 shares during the last quarter. Finally, Meeder Advisory Services Inc. increased its stake in Medical Properties Trust by 25.7% in the fourth quarter. Meeder Advisory Services Inc. now owns 18,528 shares of the real estate investment trust’s stock valued at $91,000 after purchasing an additional 3,787 shares during 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.