Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lowered its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 47.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,747,679 shares of the real estate investment trust's stock after selling 4,301,110 shares during the quarter. Daiwa Securities Group Inc. owned about 0.79% of Medical Properties Trust worth $23,311,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Lasalle Investment Management Securities LLC lifted its position in 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 acquiring an additional 1,680,200 shares during the period. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Medical Properties Trust by 93.2% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 204,807 shares of the real estate investment trust's stock worth $1,117,000 after purchasing an additional 98,807 shares during the period. Kingswood Wealth Advisors LLC purchased a new stake in Medical Properties Trust in the fourth quarter valued at approximately $109,000. Caxton Associates LP acquired a new position in Medical Properties Trust in the 3rd quarter worth approximately $2,628,000. Finally, Wolverine Asset Management LLC raised its position in Medical Properties Trust by 284.5% during the 3rd quarter. Wolverine Asset Management LLC now owns 195,112 shares of the real estate investment trust's stock worth $1,063,000 after buying an additional 144,370 shares during the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Price Performance

NYSE MPW traded up $0.24 on Thursday, hitting $5.01. The company had a trading volume of 15,851,577 shares, compared to its average volume of 22,889,291. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. The company has a market capitalization of $3.00 billion, a PE ratio of -5.33, a PEG ratio of 1.37 and a beta of 1.20. Medical Properties Trust, Inc. has a 12-month low of $2.92 and a 12-month high of $10.74. The company's fifty day moving average price is $4.18 and its 200-day moving average price is $4.37.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be given a dividend of $0.15 per share. The ex-dividend date is Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 11.98%. Medical Properties Trust's dividend payout ratio (DPR) is presently -63.83%.

Analyst Ratings Changes

A number of research firms have recently weighed in on MPW. Mizuho cut their price objective on shares of Medical Properties Trust from $9.00 to $7.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 3rd. KeyCorp reissued a "sector weight" rating on shares of Medical Properties Trust in a report on Friday, January 5th. Colliers Securities downgraded Medical Properties Trust from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Royal Bank of Canada reduced their price target on Medical Properties Trust from $8.00 to $5.00 and set an "outperform" rating for the company in a research report on Tuesday, February 20th. Finally, StockNews.com lowered Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Thursday, February 22nd. Five analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Medical Properties Trust has an average rating of "Hold" and an average target price 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.