Medical Properties Trust, Inc. (NYSE:MPW) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 46.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 367,409 shares of the real estate investment trust's stock after buying an additional 116,355 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.06% of Medical Properties Trust worth $1,451,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its stake in shares of Medical Properties Trust by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust's stock worth $34,912,000 after buying an additional 118,577 shares during the period. Silver Point Capital L.P. lifted its position in Medical Properties Trust by 155.3% during the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust's stock valued at $35,100,000 after purchasing an additional 3,650,000 shares during the period. Wilsey Asset Management Inc. lifted its position 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 purchasing an additional 362,582 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Medical Properties Trust by 353.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust's stock valued at $20,625,000 after purchasing an additional 2,748,245 shares during the period. Finally, Principal Financial Group Inc. lifted its position in Medical Properties Trust by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 2,912,274 shares of the real estate investment trust's stock valued at $11,503,000 after purchasing an additional 86,925 shares during the period. 71.79% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MPW shares. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Wells Fargo & Company boosted 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. Royal Bank of Canada boosted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a research report on Monday, March 10th. Truist Financial decreased their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating for the company in a research report on Thursday, December 19th. Finally, StockNews.com upgraded shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a research report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $5.64.

Medical Properties Trust Price Performance

Shares of Medical Properties Trust stock traded up $0.06 during trading hours on Friday, reaching $6.00. The stock had a trading volume of 14,637,819 shares, compared to its average volume of 13,583,047. The firm has a market capitalization of $3.60 billion, a PE ratio of -1.42, a PEG ratio of 1.01 and a beta of 1.32. The stock's 50 day moving average is $5.04 and its 200 day moving average is $4.79. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.55.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.34%. Medical Properties Trust's dividend payout ratio is currently -8.42%.

Insider Transactions at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the business's stock in a transaction dated 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 sale, the chief accounting officer now owns 366,913 shares of the company's stock, valued at $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.53% of the company's stock.

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.