Medical Properties Trust, Inc. (NYSE:MPW) Shares Bought by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D increased its position in Medical Properties Trust, Inc. (NYSE:MPW) by 24.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 978,237 shares of the real estate investment trust’s stock after acquiring an additional 192,859 shares during the period. State of New Jersey Common Pension Fund D owned approximately 0.16% of Medical Properties Trust worth $4,803,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Trust Co. NA increased its holdings in Medical Properties Trust by 369.0% in the 3rd quarter. Private Trust Co. NA now owns 15,987 shares of the real estate investment trust’s stock valued at $87,000 after purchasing an additional 12,578 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Medical Properties Trust by 46.2% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 436,610 shares of the real estate investment trust’s stock valued at $2,380,000 after buying an additional 137,925 shares during the last quarter. Linden Thomas Advisory Services LLC increased its stake in shares of Medical Properties Trust by 49.3% during the third quarter. Linden Thomas Advisory Services LLC now owns 51,485 shares of the real estate investment trust’s stock valued at $281,000 after acquiring an additional 16,998 shares during the period. Lake Street Financial LLC increased its stake in shares of Medical Properties Trust by 4.9% during the third quarter. Lake Street Financial LLC now owns 364,650 shares of the real estate investment trust’s stock valued at $1,907,000 after acquiring an additional 16,954 shares during the period. Finally, Edmp Inc. grew its position in Medical Properties Trust by 450.9% in the third quarter. Edmp Inc. now owns 339,981 shares of the real estate investment trust’s stock worth $1,853,000 after buying an additional 278,269 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on MPW shares. KeyCorp restated a “sector weight” rating on shares of Medical Properties Trust in a report on Friday, January 5th. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a report on Friday, March 1st. Mizuho cut their price target on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating for the company in a research note on Wednesday, January 3rd. Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $10.00 to $4.25 in a research report on Wednesday, April 10th. Finally, Truist Financial raised their target price 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 equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Stock Performance

NYSE:MPW traded down $0.05 during midday trading on Friday, hitting $4.51. The company’s stock had a trading volume of 9,012,828 shares, compared to its average volume of 22,119,041. Medical Properties Trust, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $10.74. The firm’s 50 day moving average is $4.27 and its 200-day moving average is $4.35. 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 has a market cap of $2.70 billion, a P/E ratio of -4.86, a P/E/G ratio of 1.38 and a beta of 1.20.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders 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 13.30%. Medical Properties Trust’s payout ratio is currently -63.83%.

Medical Properties Trust Company 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.