Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lowered its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,973,193 shares of the real estate investment trust’s stock after selling 863,854 shares during the period. Vanguard Group Inc. owned 14.35% of Medical Properties Trust worth $422,128,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Tucker Asset Management LLC boosted its stake in Medical Properties Trust by 2,447.6% during the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 7,661 shares during the period. Cetera Trust Company N.A acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth $43,000. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Medical Properties Trust by 861.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 8,615 shares during the period. Ieq Capital LLC acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth $50,000. Finally, Principal Securities Inc. acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth $50,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $4.66 on Thursday. The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 1.51. The firm has a 50-day moving average price of $4.94 and a two-hundred day moving average price of $4.39. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $10.74. The company has a market capitalization of $2.79 billion, a P/E ratio of -2.10, a price-to-earnings-growth ratio of 0.67 and a beta of 1.27.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, June 10th. This represents a $0.60 annualized dividend and a yield of 12.89%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -27.03%.

Analysts Set New Price Targets

Several research firms have recently commented on MPW. Royal Bank of Canada restated a “sector perform” rating and issued a $5.00 target price on shares of Medical Properties Trust in a research note on Tuesday, May 14th. Colliers Securities cut shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and raised their target price for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. Truist Financial raised their price objective 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. Finally, StockNews.com cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 18th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.80.

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.