Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by LSV Asset Management

LSV Asset Management lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,816,114 shares of the real estate investment trust’s stock after selling 44,700 shares during the period. LSV Asset Management’s holdings in Medical Properties Trust were worth $13,827,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of MPW. Charles Schwab Investment Management Inc. lifted its position in Medical Properties Trust by 30.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 8,610,221 shares of the real estate investment trust’s stock valued at $46,926,000 after buying an additional 1,989,853 shares during the last quarter. Lasalle Investment Management Securities LLC boosted its position in shares of Medical Properties Trust by 49.6% during the 3rd quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock worth $27,609,000 after purchasing an additional 1,680,200 shares during the period. Legal & General Group Plc increased its holdings in Medical Properties Trust by 0.3% in 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 purchasing an additional 13,585 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its position in Medical Properties Trust by 5.3% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,546,115 shares of the real estate investment trust’s stock valued at $22,321,000 after purchasing an additional 228,716 shares during the period. Finally, Deutsche Bank AG lifted its stake in Medical Properties Trust by 880.2% during the third quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust’s stock worth $21,536,000 after purchasing an additional 3,548,423 shares in the last quarter. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Medical Properties Trust Stock Performance

MPW opened at $4.50 on Tuesday. The business’s 50-day simple moving average is $4.41 and its 200-day simple moving average is $4.32. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $10.74. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.32.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a yield of 13.33%. Medical Properties Trust’s payout ratio is currently -63.83%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Royal Bank of Canada lowered their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a report on Friday, March 1st. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price target for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. Finally, Truist Financial increased their price objective on Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research note on Monday, April 8th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $5.75.

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.