Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by US Bancorp DE

US Bancorp DE reduced its position in Medical Properties Trust, Inc. (NYSE:MPW) by 53.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,516 shares of the real estate investment trust’s stock after selling 44,446 shares during the quarter. US Bancorp DE’s holdings in Medical Properties Trust were worth $152,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Quadrature Capital Ltd purchased a new stake in shares of Medical Properties Trust during the third quarter worth approximately $927,000. JPMorgan Chase & Co. raised its stake in shares of Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after purchasing an additional 303,628 shares during the last quarter. Versor Investments LP raised its stake in shares of Medical Properties Trust by 192.3% during the fourth quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock worth $1,126,000 after purchasing an additional 187,500 shares during the last quarter. Y Intercept Hong Kong Ltd raised its stake in shares of Medical Properties Trust by 506.8% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust’s stock worth $250,000 after purchasing an additional 52,790 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Medical Properties Trust by 353.5% during the third 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 purchasing an additional 2,748,245 shares during the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 0.8 %

Shares of MPW stock opened at $5.87 on Friday. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.55. The stock has a market cap of $3.52 billion, a P/E ratio of -1.39, a P/E/G ratio of 1.01 and a beta of 1.32. The business has a fifty day simple moving average of $4.83 and a 200-day simple moving average of $4.74. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

Analyst Ratings Changes

Several equities research analysts have recently commented on MPW shares. Royal Bank of Canada upped their price target on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research note on Monday, March 10th. StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Truist Financial cut their price objective 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. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $5.00 to $9.00 in a research report on Wednesday. Finally, Wells Fargo & Company increased their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $5.64.

Insider Activity

In related news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the sale, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This trade 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 at the SEC website. Company insiders own 1.53% of the company’s stock.

Medical Properties Trust 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.