Northern Trust Corp Has $24.92 Million Position in Medical Properties Trust, Inc. (NYSE:MPW)

Northern Trust Corp increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 60.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,309,149 shares of the real estate investment trust's stock after purchasing an additional 2,385,081 shares during the quarter. Northern Trust Corp owned approximately 1.05% of Medical Properties Trust worth $24,921,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. APG Asset Management US Inc. bought a new position in Medical Properties Trust during the fourth quarter valued at approximately $5,209,000. SG Americas Securities LLC raised its position in Medical Properties Trust by 435.5% during the fourth quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust's stock valued at $3,649,000 after acquiring an additional 751,256 shares in the last quarter. Raymond James Financial Inc. bought a new position in Medical Properties Trust during the fourth quarter valued at approximately $2,114,000. Voya Investment Management LLC raised its position in Medical Properties Trust by 584.8% during the fourth quarter. Voya Investment Management LLC now owns 528,865 shares of the real estate investment trust's stock valued at $2,089,000 after acquiring an additional 451,641 shares in the last quarter. Finally, Wilsey Asset Management Inc. raised its position in Medical Properties Trust by 8.5% during the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust's stock valued at $18,379,000 after acquiring an additional 362,582 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Trading Up 1.0%

Shares of MPW stock opened at $5.24 on Monday. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The firm's fifty day simple moving average is $5.57 and its 200 day simple moving average is $4.82. The firm has a market capitalization of $3.18 billion, a P/E ratio of -1.24, a price-to-earnings-growth ratio of 1.01 and a beta of 1.41. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The company had revenue of $223.80 million for the quarter, compared to analyst estimates of $233.80 million. During the same quarter in the prior year, the business earned $0.24 earnings per share. The company's revenue for the quarter was down 17.5% compared to the same quarter last year. As a group, sell-side analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 10th were paid a dividend of $0.08 per share. The ex-dividend date was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 6.11%. Medical Properties Trust's dividend payout ratio is currently -11.55%.

Wall Street Analyst Weigh In

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

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.

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