Raymond James Financial Inc. Makes New $2.11 Million Investment in Medical Properties Trust, Inc. (NYSE:MPW)

Raymond James Financial Inc. bought a new stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 535,291 shares of the real estate investment trust's stock, valued at approximately $2,114,000. Raymond James Financial Inc. owned approximately 0.09% of Medical Properties Trust as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Indie Asset Partners LLC boosted its holdings in Medical Properties Trust by 16.7% in the fourth quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust's stock valued at $61,000 after purchasing an additional 2,204 shares during the last quarter. Atria Wealth Solutions Inc. boosted its stake in shares of Medical Properties Trust by 2.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust's stock valued at $440,000 after buying an additional 2,948 shares during the last quarter. Vanderbilt University boosted its stake in shares of Medical Properties Trust by 7.5% during the 4th quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust's stock valued at $177,000 after buying an additional 3,117 shares during the last quarter. CIBC Asset Management Inc increased its stake in shares of Medical Properties Trust by 5.8% in the fourth quarter. CIBC Asset Management Inc now owns 60,065 shares of the real estate investment trust's stock worth $237,000 after buying an additional 3,266 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in Medical Properties Trust by 23.0% in the fourth quarter. Concurrent Investment Advisors LLC now owns 17,606 shares of the real estate investment trust's stock valued at $70,000 after acquiring an additional 3,294 shares in the last quarter. Hedge funds and other institutional investors own 71.79% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on MPW shares. Wells Fargo & Company raised their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. Mizuho cut their price objective on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating on the stock in a research note on Thursday, December 5th. Truist Financial decreased their target price on Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating for the company in a research report on Thursday, December 19th. Finally, Royal Bank of Canada upped their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a research report on Monday, March 10th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $5.64.

Medical Properties Trust Stock Performance

Shares of Medical Properties Trust stock traded down $0.14 on Thursday, reaching $5.78. 13,013,844 shares of the company were exchanged, compared to its average volume of 13,386,969. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of -1.37, a P/E/G ratio of 1.01 and a beta of 1.27. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The company's 50-day moving average is $5.37 and its two-hundred day moving average is $4.85.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 5.54%. The ex-dividend date is Monday, March 10th. Medical Properties Trust's dividend payout ratio is presently -8.42%.

About Medical Properties Trust

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.