Charles Schwab Investment Management Inc. Increases Position in Medical Properties Trust, Inc. (NYSE:MPW)

Charles Schwab Investment Management Inc. lifted its stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,838,540 shares of the real estate investment trust's stock after purchasing an additional 118,577 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.47% of Medical Properties Trust worth $34,912,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC purchased a new stake in shares of Medical Properties Trust in the 3rd quarter valued at approximately $87,000. Victory Capital Management Inc. boosted its stake in Medical Properties Trust by 11.5% during the third quarter. Victory Capital Management Inc. now owns 206,680 shares of the real estate investment trust's stock worth $1,209,000 after buying an additional 21,260 shares during the period. Metis Global Partners LLC raised its stake in shares of Medical Properties Trust by 31.3% in the 3rd quarter. Metis Global Partners LLC now owns 61,791 shares of the real estate investment trust's stock valued at $361,000 after acquiring an additional 14,742 shares during the period. Empowered Funds LLC acquired a new position in shares of Medical Properties Trust in the 3rd quarter worth approximately $91,000. Finally, Natixis Advisors LLC boosted its position in shares of Medical Properties Trust by 5.6% during the 3rd quarter. Natixis Advisors LLC now owns 80,028 shares of the real estate investment trust's stock worth $468,000 after purchasing an additional 4,231 shares during the period. Hedge funds and other institutional investors own 71.79% of the company's stock.

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Insiders Place Their Bets

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the company's stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the transaction, the chief accounting officer now owns 366,913 shares in the company, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.53% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MPW has been the subject of several recent research reports. Wells Fargo & Company raised their price target 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. Royal Bank of Canada lifted 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 raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a research report on Monday, March 3rd. Truist Financial reduced their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating on the stock in a report on Thursday, December 19th. Finally, Mizuho lowered their price target on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $5.64.

Medical Properties Trust Stock Performance

Shares of MPW traded down $0.06 during mid-day trading on Thursday, reaching $5.93. 5,407,042 shares of the company's stock were exchanged, compared to its average volume of 13,574,534. The business's fifty day simple moving average is $4.92 and its 200-day simple moving average is $4.77. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week high of $6.55. The stock has a market capitalization of $3.56 billion, a PE ratio of -1.41, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. 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 Announces Dividend

The business 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 $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 5.40%. The ex-dividend date is Monday, March 10th. Medical Properties Trust's dividend payout ratio (DPR) 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.