Medical Properties Trust, Inc. (NYSE:MPW) Shares Bought by Alaska Permanent Fund Corp

Alaska Permanent Fund Corp grew its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 14.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 291,285 shares of the real estate investment trust’s stock after purchasing an additional 37,585 shares during the quarter. Alaska Permanent Fund Corp’s holdings in Medical Properties Trust were worth $1,430,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Deutsche Bank AG boosted its position in shares of Medical Properties Trust by 880.2% during the 3rd quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust’s stock worth $21,536,000 after purchasing an additional 3,548,423 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Medical Properties Trust by 30.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,610,221 shares of the real estate investment trust’s stock valued at $46,926,000 after purchasing an additional 1,989,853 shares during the last quarter. Lasalle Investment Management Securities LLC raised its stake in Medical Properties Trust by 49.6% in the 3rd quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock valued at $27,609,000 after purchasing an additional 1,680,200 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Medical Properties Trust by 125.3% during the 3rd quarter. AQR Capital Management LLC now owns 2,261,451 shares of the real estate investment trust’s stock valued at $12,325,000 after acquiring an additional 1,257,921 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Medical Properties Trust by 115.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,623,611 shares of the real estate investment trust’s stock valued at $8,849,000 after acquiring an additional 870,606 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 0.4 %

NYSE MPW opened at $4.58 on Friday. The stock has a 50-day simple moving average of $4.27 and a 200 day simple moving average of $4.35. The company has a market capitalization of $2.74 billion, a PE ratio of -4.86, a P/E/G ratio of 1.38 and a beta of 1.20. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.32. Medical Properties Trust, Inc. has a 12 month low of $2.92 and a 12 month high of $10.74.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be paid a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a yield of 13.10%. Medical Properties Trust’s payout ratio is -63.83%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on MPW shares. Truist Financial increased their target price on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research report on Monday, April 8th. Colliers Securities cut Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their target price for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. Royal Bank of Canada dropped their price target on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and upped their price target for the company from $2.00 to $5.00 in a research report on Wednesday, April 17th. Finally, 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 research report on Wednesday, January 3rd. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $5.75.

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.