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

International Assets Investment Management LLC increased its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 486.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 836,090 shares of the real estate investment trust's stock after buying an additional 693,517 shares during the period. International Assets Investment Management LLC owned 0.14% of Medical Properties Trust worth $4,105,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. KG&L Capital Management LLC boosted its position in Medical Properties Trust by 95.5% during the fourth quarter. KG&L Capital Management LLC now owns 60,275 shares of the real estate investment trust's stock worth $296,000 after purchasing an additional 29,450 shares during the period. Ballentine Partners LLC bought a new position in Medical Properties Trust during the fourth quarter worth $130,000. Vanderbilt University bought a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $58,000. Oak Thistle LLC bought a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $314,000. Finally, Abacus Planning Group Inc. bought a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $377,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Colliers Securities cut shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and reduced their target price for the company from $10.00 to $4.25 in a research report on Wednesday, April 10th. KeyCorp reaffirmed a "sector weight" rating on shares of Medical Properties Trust in a research report on Friday, January 5th. BNP Paribas raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price objective for the company in a research report on Friday, March 1st. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating and upped their price objective for the stock from $2.00 to $5.00 in a research report on Wednesday. Finally, Truist Financial boosted their target price on Medical Properties Trust from $4.00 to $4.50 and gave the stock a "hold" rating in a research note on Monday, April 8th. Five analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $5.75.

Medical Properties Trust Trading Up 3.2 %

NYSE MPW traded up $0.15 during trading hours on Wednesday, reaching $4.77. The company's stock had a trading volume of 12,085,927 shares, compared to its average volume of 22,984,740. The firm has a fifty day simple moving average of $4.14 and a 200-day simple moving average of $4.37. The stock has a market cap of $2.86 billion, a P/E ratio of -5.07, a P/E/G ratio of 1.41 and a beta of 1.20. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be issued a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a yield of 12.58%. Medical Properties Trust's dividend payout ratio (DPR) is presently -63.83%.

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.