Demars Financial Group LLC Increases Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Demars Financial Group LLC boosted its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 694.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 215,923 shares of the real estate investment trust's stock after acquiring an additional 188,757 shares during the period. Demars Financial Group LLC's holdings in Medical Properties Trust were worth $853,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MPW. JPMorgan Chase & Co. boosted its position in Medical Properties Trust by 21.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust's stock valued at $9,973,000 after buying an additional 303,628 shares during the last quarter. Versor Investments LP increased its stake in Medical Properties Trust by 192.3% during the 4th quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust's stock valued at $1,126,000 after buying an additional 187,500 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Medical Properties Trust by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust's stock valued at $34,912,000 after buying an additional 118,577 shares during the period. Y Intercept Hong Kong Ltd boosted its holdings in Medical Properties Trust by 506.8% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust's stock worth $250,000 after buying an additional 52,790 shares in the last quarter. Finally, Wilsey Asset Management Inc. lifted its stake in Medical Properties Trust by 8.5% during the fourth 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 buying an additional 362,582 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on MPW shares. Wells Fargo & Company lifted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. Royal Bank of Canada raised their price target on shares of 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. StockNews.com upgraded shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a research report on Monday, March 3rd. Finally, BNP Paribas raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $5.75.

Medical Properties Trust Price Performance

Shares of MPW stock traded up $0.03 during trading hours on Tuesday, reaching $5.24. The company's stock had a trading volume of 2,439,742 shares, compared to its average volume of 13,098,772. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.55. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of -1.24, a PEG ratio of 1.01 and a beta of 1.27. The firm's 50 day simple moving average is $5.53 and its 200-day simple moving average is $4.78.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 10th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 6.11%. The ex-dividend date was Monday, March 10th. Medical Properties Trust's payout ratio is presently -8.42%.

Medical Properties Trust 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.