Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Swiss National Bank

Swiss National Bank lessened its stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 4.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,121,500 shares of the real estate investment trust's stock after selling 50,000 shares during the period. Swiss National Bank owned 0.19% of Medical Properties Trust worth $4,430,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Wealthfront Advisers LLC purchased a new position in shares of Medical Properties Trust during the 4th quarter valued at $225,000. Inspire Advisors LLC bought a new stake in Medical Properties Trust during the 4th quarter valued at approximately $92,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Medical Properties Trust by 46.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 367,409 shares of the real estate investment trust's stock worth $1,451,000 after acquiring an additional 116,355 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Medical Properties Trust in the 4th quarter worth $2,114,000. Finally, Proficio Capital Partners LLC bought a new position in Medical Properties Trust during the fourth quarter valued at about $91,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on MPW shares. Truist Financial lowered their price target on 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. Royal Bank of Canada boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a research report on Monday, March 10th. Mizuho cut their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating on the stock in a research report on Thursday, December 5th. Wells Fargo & Company increased their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. Finally, StockNews.com raised shares of 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, six have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $5.64.

Medical Properties Trust Stock Performance

Medical Properties Trust stock traded down $0.18 during midday trading on Friday, reaching $6.04. The stock had a trading volume of 7,559,022 shares, compared to its average volume of 13,451,019. The firm's 50-day moving average price is $5.25 and its 200 day moving average price is $4.84. 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 12 month low of $3.51 and a 12 month high of $6.55. The firm has a market capitalization of $3.62 billion, a PE ratio of -1.43, a P/E/G ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

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

About Medical Properties Trust

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.