Charles Schwab Investment Management Inc. Has $51.01 Million Position in Medical Properties Trust, Inc. (NYSE:MPW)

Charles Schwab Investment Management Inc. lessened its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 13.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,719,963 shares of the real estate investment trust's stock after selling 1,370,359 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.45% of Medical Properties Trust worth $51,012,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MPW. Future Financial Wealth Managment LLC bought a new position in Medical Properties Trust in the 3rd quarter worth $29,000. GAMMA Investing LLC grew its position in Medical Properties Trust by 107.3% in the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 3,145 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of Medical Properties Trust by 435.0% during the 2nd quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust's stock worth $34,000 after purchasing an additional 6,482 shares during the period. Iron Horse Wealth Management LLC raised its holdings in Medical Properties Trust by 166.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Wealthstream Advisors Inc. acquired a new stake in shares of Medical Properties Trust during the 3rd quarter worth approximately $60,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on MPW shares. Truist Financial raised their target price on Medical Properties Trust from $5.00 to $6.00 and gave the stock a "hold" rating in a research report on Friday, September 13th. Colliers Securities upgraded shares of Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 target price on the stock in a research report on Friday, September 13th. Finally, Wolfe Research raised Medical Properties Trust to a "hold" rating in a report on Monday, September 23rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Medical Properties Trust currently has a consensus rating of "Hold" and an average target price of $5.58.

Insider Activity

In other news, Director Elizabeth N. Pitman purchased 8,087 shares of the business's stock in a transaction that occurred on Wednesday, September 18th. The shares were acquired at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the transaction, the director now directly owns 76,740 shares of the company's stock, valued at approximately $461,207.40. The trade was a 11.78 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Michael G. Stewart sold 32,780 shares of the business's stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total transaction of $178,978.80. Following the transaction, the director now owns 221,245 shares of the company's stock, valued at approximately $1,207,997.70. This represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. 1.53% of the stock is owned by insiders.

Medical Properties Trust Stock Performance

MPW stock traded up $0.06 during midday trading on Friday, reaching $4.39. 7,337,961 shares of the company's stock traded hands, compared to its average volume of 11,740,234. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a 50-day simple moving average of $4.86 and a two-hundred day simple moving average of $4.88. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $6.55.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 7.29%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust's dividend payout ratio is currently -7.58%.

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.