APG Asset Management US Inc. Buys Shares of 1,318,696 Medical Properties Trust, Inc. (NYSE:MPW)

APG Asset Management US Inc. purchased a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,318,696 shares of the real estate investment trust's stock, valued at approximately $5,209,000. APG Asset Management US Inc. owned approximately 0.22% of Medical Properties Trust at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC lifted its stake in shares of Medical Properties Trust by 435.5% in the 4th quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust's stock valued at $3,649,000 after purchasing an additional 751,256 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Medical Properties Trust during the 4th quarter valued at about $2,114,000. Wilsey Asset Management Inc. raised its stake in Medical Properties Trust by 8.5% in the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust's stock worth $18,379,000 after buying an additional 362,582 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Medical Properties Trust by 21.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust's stock worth $9,973,000 after buying an additional 303,628 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. acquired a new stake in Medical Properties Trust in the fourth quarter worth about $894,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

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Medical Properties Trust Trading Up 1.7 %

Medical Properties Trust stock traded up $0.09 during midday trading on Monday, reaching $5.37. The stock had a trading volume of 2,959,709 shares, compared to its average volume of 13,411,865. The stock's 50-day simple moving average is $5.46 and its 200 day simple moving average is $4.80. The stock has a market capitalization of $3.23 billion, a PE ratio of -1.27, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.55.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.96%. Medical Properties Trust's payout ratio is currently -8.42%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Wells Fargo & Company upped their target price on Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research report on Monday, March 10th. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. Royal Bank of Canada raised their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a research note on Monday, March 10th. Truist Financial cut their price objective 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, StockNews.com upgraded shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $5.64.

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.