Charles Schwab Investment Management Inc. Grows Position in Medical Properties Trust, Inc. (NYSE:MPW)

Charles Schwab Investment Management Inc. increased its position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,058,339 shares of the real estate investment trust's stock after purchasing an additional 448,118 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.51% of Medical Properties Trust worth $44,476,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of MPW. Tucker Asset Management LLC raised its holdings in shares of Medical Properties Trust by 2,447.6% in the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust's stock valued at $43,000 after purchasing an additional 7,661 shares during the period. Cetera Trust Company N.A bought a new stake in shares of Medical Properties Trust in the 4th quarter valued at about $43,000. Cary Street Partners Investment Advisory LLC raised its holdings in shares of Medical Properties Trust by 861.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust's stock valued at $47,000 after purchasing an additional 8,615 shares during the period. WealthTrust Axiom LLC bought a new position in Medical Properties Trust in the 4th quarter valued at about $52,000. Finally, Checchi Capital Advisers LLC bought a new position in Medical Properties Trust in the 3rd quarter valued at about $56,000. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Price Performance

Shares of NYSE MPW traded down $0.11 during trading hours on Friday, hitting $5.01. 19,036,603 shares of the stock were exchanged, compared to its average volume of 20,988,644. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.26 and a current ratio of 3.10. The company has a market cap of $3.00 billion, a PE ratio of -2.26, a price-to-earnings-growth ratio of 0.59 and a beta of 1.19. The company's fifty day simple moving average is $4.53 and its two-hundred day simple moving average is $4.34. 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 was paid on Wednesday, May 1st. Investors of record on Monday, April 22nd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 11.98%. Medical Properties Trust's dividend payout ratio is -27.03%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on MPW shares. Colliers Securities cut shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and lowered their price target for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating and increased their price target for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Royal Bank of Canada reissued a "sector perform" rating and issued a $5.00 price target on shares of Medical Properties Trust in a report on Tuesday, May 14th. BNP Paribas raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price target on the stock in a report on Friday, March 1st. Finally, Truist Financial increased their price target on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a "hold" rating in a report on Monday, April 8th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus 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.