Medical Properties Trust, Inc. (NYSE:MPW) Stake Reduced by SVB Wealth LLC

SVB Wealth LLC lessened its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 68.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,907 shares of the real estate investment trust’s stock after selling 29,564 shares during the period. SVB Wealth LLC’s holdings in Medical Properties Trust were worth $68,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hoxton Planning & Management LLC acquired a new stake in Medical Properties Trust during the 4th quarter worth about $148,000. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Medical Properties Trust by 5.3% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,546,115 shares of the real estate investment trust’s stock worth $22,321,000 after buying an additional 228,716 shares during the period. Louisiana State Employees Retirement System acquired a new stake in Medical Properties Trust during the 4th quarter worth about $826,000. Simplicity Solutions LLC acquired a new stake in Medical Properties Trust during the 4th quarter worth about $89,000. Finally, International Assets Investment Management LLC raised its holdings in Medical Properties Trust by 19.4% during the 4th quarter. International Assets Investment Management LLC now owns 170,283 shares of the real estate investment trust’s stock worth $836,000 after buying an additional 27,710 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

MPW has been the topic of several recent analyst reports. StockNews.com downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Mizuho dropped their target price on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a report on Friday, March 1st. Truist Financial upped their target price on Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a report on Monday, April 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and upped their target price for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.75.

Medical Properties Trust Trading Up 2.7 %

Shares of NYSE MPW opened at $4.64 on Wednesday. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of -4.94, a PEG ratio of 1.34 and a beta of 1.20. The business has a 50 day simple moving average of $4.22 and a 200 day simple moving average of $4.35. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 12.93%. Medical Properties Trust’s payout ratio is -63.83%.

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.