International Assets Investment Management LLC Grows Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

International Assets Investment Management LLC grew its holdings in Medical Properties Trust, Inc. (NYSE:MPWFree Report) by 9.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 185,600 shares of the real estate investment trust’s stock after buying an additional 15,317 shares during the period. International Assets Investment Management LLC’s holdings in Medical Properties Trust were worth $837,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in MPW. Charles Schwab Investment Management Inc. boosted its position in shares of Medical Properties Trust by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock valued at $44,476,000 after buying an additional 448,118 shares during the period. Coatue Management LLC lifted its position in shares of Medical Properties Trust by 18.5% in the 4th quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock worth $33,420,000 after purchasing an additional 1,060,830 shares during the period. Lasalle Investment Management Securities LLC increased its holdings in Medical Properties Trust by 6.5% during the fourth quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock valued at $26,490,000 after buying an additional 329,224 shares during the period. Norges Bank purchased a new stake in Medical Properties Trust during the fourth quarter worth $25,655,000. Finally, Legal & General Group Plc boosted its position in Medical Properties Trust by 0.3% during the 3rd quarter. Legal & General Group Plc now owns 4,852,620 shares of the real estate investment trust’s stock valued at $26,447,000 after acquiring an additional 13,585 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on MPW. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Colliers Securities lowered 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. Truist Financial lifted their target price on Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a report on Thursday, May 30th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $5.00 price target on shares of Medical Properties Trust in a report on Tuesday, May 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price objective for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $5.80.

Get Our Latest Analysis on Medical Properties Trust

Medical Properties Trust Trading Down 0.2 %

MPW traded down $0.01 during trading hours on Friday, reaching $4.80. The company’s stock had a trading volume of 13,425,214 shares, compared to its average volume of 10,550,026. The business’s 50-day moving average is $4.93 and its 200-day moving average is $4.39. Medical Properties Trust, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $10.74. The company has a debt-to-equity ratio of 1.51, a current ratio of 3.10 and a quick ratio of 3.10. The stock has a market cap of $2.88 billion, a PE ratio of -2.16, a P/E/G ratio of 0.69 and a beta of 1.27.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 12.50%. The ex-dividend date is Monday, June 10th. Medical Properties Trust’s dividend payout ratio is currently -27.03%.

About Medical Properties Trust

(Free Report)

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.

Read More

Want to see what other hedge funds are holding MPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medical Properties Trust, Inc. (NYSE:MPWFree Report).

Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

Receive News & Ratings for Medical Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.