Medical Properties Trust, Inc. (NYSE:MPW) Position Boosted by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 5.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,546,115 shares of the real estate investment trust's stock after purchasing an additional 228,716 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.76% of Medical Properties Trust worth $22,321,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Arizona State Retirement System raised its position in Medical Properties Trust by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 170,355 shares of the real estate investment trust's stock valued at $928,000 after purchasing an additional 2,304 shares during the last quarter. abrdn plc raised its position in Medical Properties Trust by 2.1% in the 3rd quarter. abrdn plc now owns 125,218 shares of the real estate investment trust's stock valued at $682,000 after purchasing an additional 2,622 shares during the last quarter. United Services Automobile Association raised its position in Medical Properties Trust by 9.7% in the 3rd quarter. United Services Automobile Association now owns 42,220 shares of the real estate investment trust's stock valued at $230,000 after purchasing an additional 3,721 shares during the last quarter. Meeder Advisory Services Inc. raised its position in Medical Properties Trust by 34.4% in the 3rd quarter. Meeder Advisory Services Inc. now owns 14,741 shares of the real estate investment trust's stock valued at $80,000 after purchasing an additional 3,771 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in Medical Properties Trust by 2.4% in the 3rd quarter. Van ECK Associates Corp now owns 182,391 shares of the real estate investment trust's stock valued at $994,000 after purchasing an additional 4,260 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Colliers Securities downgraded shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $10.00 to $4.25 in a research report on Wednesday, April 10th. KeyCorp restated a "sector weight" rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating and upped their price target for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. StockNews.com cut shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 22nd. Finally, BNP Paribas raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price objective on the stock in a research note on Friday, March 1st. 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. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $5.75.

Medical Properties Trust Trading Up 2.0 %

NYSE:MPW traded up $0.09 on Monday, reaching $4.51. The stock had a trading volume of 10,337,718 shares, compared to its average volume of 22,709,889. The company has a market cap of $2.70 billion, a price-to-earnings ratio of -4.80, a P/E/G ratio of 1.34 and a beta of 1.20. 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 firm's fifty day moving average is $4.20 and its two-hundred day moving average is $4.35. Medical Properties Trust, Inc. has a 12-month low of $2.92 and a 12-month high of $10.74.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 13.30%. Medical Properties Trust's payout ratio is currently -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.