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

Raymond James Financial Inc. bought a new stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in Medical Properties Trust by 21.7% in the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust's stock valued at $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% in the fourth quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust's stock valued at $1,126,000 after buying an additional 187,500 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Medical Properties Trust by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust's stock valued at $34,912,000 after buying an additional 118,577 shares during the last quarter. Y Intercept Hong Kong Ltd grew its stake in shares of Medical Properties Trust by 506.8% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust's stock worth $250,000 after acquiring an additional 52,790 shares during the period. Finally, Wilsey Asset Management Inc. increased its holdings in Medical Properties Trust by 8.5% in the 4th quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust's stock worth $18,379,000 after acquiring an additional 362,582 shares during the last quarter. 71.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on MPW shares. Royal Bank of Canada lifted 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 note on Monday, March 10th. Wells Fargo & Company raised their price target on Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Finally, StockNews.com raised Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $5.75.

Medical Properties Trust Price Performance

NYSE:MPW traded down $0.07 during trading hours on Tuesday, hitting $5.09. 7,354,727 shares of the company's stock traded hands, compared to its average volume of 12,933,708. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The business's fifty day simple moving average is $5.61 and its two-hundred day simple moving average is $4.81. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The firm has a market cap of $3.08 billion, a P/E ratio of -1.20, a P/E/G ratio of 1.01 and a beta of 1.41.

Medical Properties Trust (NYSE:MPW - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company had revenue of $223.80 million for the quarter, compared to the consensus estimate of $233.80 million. During the same quarter last year, the business posted $0.24 EPS. The company's revenue was down 17.5% compared to the same quarter last year. On average, research analysts anticipate that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date was Monday, March 10th. Medical Properties Trust's dividend payout ratio is currently -11.55%.

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.