535,291 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in Medical Properties Trust, Inc. (NYSE:MPW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 535,291 shares of the real estate investment trust’s stock, valued at approximately $2,114,000. Raymond James Financial Inc. owned about 0.09% of Medical Properties Trust at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Indie Asset Partners LLC boosted its stake in Medical Properties Trust by 16.7% during the fourth quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock valued at $61,000 after buying an additional 2,204 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in Medical Properties Trust by 2.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust’s stock worth $440,000 after purchasing an additional 2,948 shares during the last quarter. Vanderbilt University grew its position in Medical Properties Trust by 7.5% in the fourth quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 3,117 shares in the last quarter. CIBC Asset Management Inc raised its holdings in Medical Properties Trust by 5.8% during the fourth quarter. CIBC Asset Management Inc now owns 60,065 shares of the real estate investment trust’s stock valued at $237,000 after buying an additional 3,266 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in Medical Properties Trust by 23.0% during the fourth quarter. Concurrent Investment Advisors LLC now owns 17,606 shares of the real estate investment trust’s stock worth $70,000 after purchasing an additional 3,294 shares during the period. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

MPW stock opened at $6.04 on Monday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The stock has a market cap of $3.62 billion, a PE ratio of -1.43, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The stock has a 50-day moving average price of $5.25 and a two-hundred day moving average price of $4.84. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 5.30%. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MPW shares. Wells Fargo & Company raised their target price on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Monday, March 10th. Mizuho decreased their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Truist Financial reduced 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. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. Finally, BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Medical Properties Trust has an average rating of “Hold” and a consensus price target of $5.64.

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.