Geode Capital Management LLC Has $42.45 Million Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Geode Capital Management LLC lifted its position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,742,446 shares of the real estate investment trust's stock after acquiring an additional 58,828 shares during the quarter. Geode Capital Management LLC owned 1.79% of Medical Properties Trust worth $42,446,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Allworth Financial LP increased its stake in Medical Properties Trust by 230.4% during the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock valued at $26,000 after purchasing an additional 4,241 shares during the last quarter. Verus Capital Partners LLC acquired a new stake in Medical Properties Trust during the fourth quarter worth about $40,000. RS Crum Inc. acquired a new position in Medical Properties Trust in the fourth quarter valued at approximately $40,000. RFG Advisory LLC bought a new position in shares of Medical Properties Trust during the fourth quarter valued at approximately $40,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Medical Properties Trust during the 3rd quarter valued at approximately $61,000. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Stock Up 1.0 %

MPW traded up $0.06 during trading on Friday, reaching $5.45. 8,777,950 shares of the stock traded hands, compared to its average volume of 13,161,961. The stock has a market cap of $3.27 billion, a price-to-earnings ratio of -1.29, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27. The stock's 50-day simple moving average is $5.52 and its two-hundred day simple moving average is $4.79. 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 debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 10th were given a dividend of $0.08 per share. The ex-dividend date was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 5.88%. Medical Properties Trust's payout ratio is currently -8.42%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and raised their target price for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Royal Bank of Canada increased their price target 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. Wells Fargo & Company increased 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 report on Monday, March 10th. Finally, StockNews.com raised 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, five have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $5.75.

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.