Medical Properties Trust (NYSE:MPW) Stock Price Down 1.7%

Medical Properties Trust, Inc. (NYSE:MPW) shares were down 1.7% on Friday . The stock traded as low as $3.98 and last traded at $4.02. Approximately 2,831,389 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 22,632,021 shares. The stock had previously closed at $4.09.

Analyst Ratings Changes

Several research analysts have weighed in on MPW shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Medical Properties Trust in a research report on Tuesday, January 30th. They issued a “sell” rating and a $2.00 price target on the stock. BNP Paribas upgraded 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 research report on Friday, March 1st. KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Royal Bank of Canada decreased 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 research report on Tuesday, February 20th. Finally, Mizuho reduced their price objective on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating for the company in a research note on Wednesday, January 3rd. Six research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Medical Properties Trust has an average rating of “Hold” and a consensus price target of $5.48.

Medical Properties Trust Stock Down 2.4 %

The company has a market capitalization of $2.39 billion, a PE ratio of -4.24, a PEG ratio of 1.21 and a beta of 1.20. The company’s 50 day moving average is $4.05 and its two-hundred day moving average is $4.38. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32.

Hedge Funds Weigh In On Medical Properties Trust

Several institutional investors have recently bought and sold shares of MPW. Advisors Asset Management Inc. purchased a new position in Medical Properties Trust during the third quarter valued at $28,000. Tucker Asset Management LLC grew its stake in Medical Properties Trust by 2,447.6% during the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 7,661 shares in the last quarter. Cetera Trust Company N.A purchased a new position in Medical Properties Trust during the fourth quarter valued at $43,000. Cary Street Partners Investment Advisory LLC grew its stake in Medical Properties Trust by 861.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 8,615 shares in the last quarter. Finally, Riverview Trust Co grew its stake in shares of Medical Properties Trust by 313.8% in the 3rd quarter. Riverview Trust Co now owns 9,128 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 6,922 shares in the last quarter. 71.79% of the stock is owned by hedge funds and other 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.