Duality Advisers LP cut its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 84.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,783 shares of the real estate investment trust's stock after selling 187,584 shares during the quarter. Duality Advisers LP's holdings in Medical Properties Trust were worth $171,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Deutsche Bank AG boosted its stake in Medical Properties Trust by 880.2% in the 3rd quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust's stock worth $21,536,000 after buying an additional 3,548,423 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Medical Properties Trust by 30.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 8,610,221 shares of the real estate investment trust's stock worth $46,926,000 after acquiring an additional 1,989,853 shares during the last quarter. Lasalle Investment Management Securities LLC increased its position in shares of Medical Properties Trust by 49.6% in the third 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 in the last quarter. AQR Capital Management LLC raised its stake in shares of Medical Properties Trust by 125.3% in the 3rd quarter. AQR Capital Management LLC now owns 2,261,451 shares of the real estate investment trust's stock valued at $12,325,000 after acquiring an additional 1,257,921 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Medical Properties Trust by 115.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,623,611 shares of the real estate investment trust's stock valued at $8,849,000 after acquiring an additional 870,606 shares in the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.
Medical Properties Trust Trading Down 1.1 %
Shares of NYSE MPW traded down $0.05 during mid-day trading on Friday, hitting $4.51. 9,016,409 shares of the company traded hands, compared to its average volume of 14,703,427. The business has a 50 day moving average of $4.29 and a two-hundred day moving average of $4.34. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of -4.80, a PEG ratio of 1.36 and a beta of 1.20. Medical Properties Trust, Inc. has a 1 year low of $2.92 and a 1 year high of $10.74.
Medical Properties Trust Announces Dividend
The company 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 $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 13.30%. Medical Properties Trust's dividend payout ratio (DPR) is presently -63.83%.
Analyst Ratings Changes
Several brokerages have recently weighed in on MPW. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 target price for the company in a research note on Friday, March 1st. KeyCorp restated a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. StockNews.com downgraded shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 22nd. Royal Bank of Canada dropped their target price on shares of 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, Colliers Securities cut shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $10.00 to $4.25 in a research report on Wednesday, April 10th. 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's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $5.75.
View Our Latest Stock Analysis on MPW
Medical Properties Trust Profile
(
Free Report)
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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