JPMorgan Chase & Co. Increases Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

JPMorgan Chase & Co. increased its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,782,664 shares of the real estate investment trust's stock after buying an additional 77,879 shares during the quarter. JPMorgan Chase & Co. owned 0.30% of Medical Properties Trust worth $7,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Allworth Financial LP raised its position in shares of Medical Properties Trust by 230.4% in the 4th 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. RFG Advisory LLC purchased a new position in shares of Medical Properties Trust in the fourth quarter worth $40,000. Silver Oak Securities Incorporated acquired a new stake in shares of Medical Properties Trust during the fourth quarter worth $40,000. Verus Capital Partners LLC purchased a new stake in shares of Medical Properties Trust during the fourth quarter valued at $40,000. Finally, RS Crum Inc. acquired a new position in shares of Medical Properties Trust in the 4th quarter valued at $40,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

MPW stock traded down $0.01 during trading on Tuesday, hitting $5.20. The stock had a trading volume of 8,557,644 shares, compared to its average volume of 13,132,417. 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, Inc. has a twelve month low of $3.51 and a twelve month high of $6.55. The stock has a market capitalization of $3.12 billion, a P/E ratio of -1.23, a PEG ratio of 1.01 and a beta of 1.27. The company's 50-day moving average price is $5.53 and its two-hundred day moving average price is $4.78.

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 issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 6.15%. The ex-dividend date was Monday, March 10th. Medical Properties Trust's payout ratio is currently -8.42%.

Analysts Set New Price Targets

Several research analysts recently issued reports on MPW shares. Royal Bank of Canada raised their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a report on Monday, March 10th. StockNews.com raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. BNP Paribas raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. Finally, Wells Fargo & Company upped their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a research report on Monday, March 10th. 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average 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.