Medical Properties Trust, Inc. (NYSE:MPW) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,838,540 shares of the real estate investment trust’s stock after purchasing an additional 118,577 shares during the period. Charles Schwab Investment Management Inc. owned about 1.47% of Medical Properties Trust worth $34,912,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MPW. Allworth Financial LP grew its stake in shares of Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 4,241 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Medical Properties Trust in the third quarter valued at about $31,000. RFG Advisory LLC purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $40,000. Silver Oak Securities Incorporated purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $40,000. Finally, Verus Capital Partners LLC acquired a new position in shares of Medical Properties Trust during the fourth quarter worth about $40,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Ratings Changes

MPW has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. Wells Fargo & Company upped their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Monday, March 10th. Truist Financial decreased their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. Royal Bank of Canada raised their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th. Finally, BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $5.64.

Insider Activity

In related news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction on Thursday, December 26th. The shares were 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. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Up 0.8 %

Shares of MPW opened at $5.87 on Monday. The firm has a market cap of $3.52 billion, a PE ratio of -1.39, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company’s fifty day moving average is $4.83 and its two-hundred day moving average is $4.74. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.55. 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid 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 presently -8.42%.

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.