Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 38.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 321,571 shares of the real estate investment trust's stock after acquiring an additional 89,487 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.05% of Medical Properties Trust worth $1,270,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in MPW. Silver Point Capital L.P. increased its holdings in shares of Medical Properties Trust by 155.3% during the 3rd quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust's stock valued at $35,100,000 after purchasing an additional 3,650,000 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Medical Properties Trust by 353.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust's stock valued at $20,625,000 after buying an additional 2,748,245 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Medical Properties Trust by 435.5% in the fourth quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust's stock worth $3,649,000 after acquiring an additional 751,256 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Medical Properties Trust during the 4th quarter worth about $2,114,000. Finally, Wilsey Asset Management Inc. grew its position in shares of Medical Properties Trust by 8.5% during the 4th quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust's stock valued at $18,379,000 after acquiring an additional 362,582 shares during the period. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MPW shares. StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a research report on Monday, March 3rd. Wells Fargo & Company increased 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 raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Mizuho reduced their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a research report on Thursday, December 5th. Finally, Truist Financial dropped their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating on the stock in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Medical Properties Trust presently has an average rating of "Hold" and an average price target of $5.64.

Medical Properties Trust Price Performance

MPW traded down $0.18 on Friday, hitting $6.04. 7,559,022 shares of the company's stock were exchanged, compared to its average volume of 13,451,019. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.55. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of -1.43, a P/E/G ratio of 1.01 and a beta of 1.32. The firm has a 50-day moving average price of $5.25 and a 200-day moving average price of $4.84. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 5.30%. Medical Properties Trust's payout ratio is presently -8.42%.

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.