Vanguard Group Inc. Sells 863,854 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Vanguard Group Inc. lessened its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 1.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 85,973,193 shares of the real estate investment trust’s stock after selling 863,854 shares during the period. Vanguard Group Inc. owned about 0.14% of Medical Properties Trust worth $422,128,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MPW. Norges Bank bought a new position in Medical Properties Trust during the fourth quarter valued at approximately $25,655,000. Deutsche Bank AG raised its position in Medical Properties Trust by 880.2% during the third quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust’s stock valued at $21,536,000 after acquiring an additional 3,548,423 shares in the last quarter. BNP Paribas Financial Markets raised its position in Medical Properties Trust by 517.0% during the fourth quarter. BNP Paribas Financial Markets now owns 2,150,378 shares of the real estate investment trust’s stock valued at $10,558,000 after acquiring an additional 1,801,858 shares in the last quarter. AQR Capital Management LLC raised its position in Medical Properties Trust by 125.3% during the third 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 in the last quarter. Finally, Coatue Management LLC raised its position in shares of Medical Properties Trust by 18.5% in the fourth quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock valued at $33,420,000 after purchasing an additional 1,060,830 shares during the period. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 1.2 %

MPW opened at $4.66 on Thursday. Medical Properties Trust, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $10.74. The company has a debt-to-equity ratio of 1.51, a current ratio of 3.10 and a quick ratio of 3.10. The firm’s fifty day moving average price is $4.94 and its two-hundred day moving average price is $4.39. The company has a market capitalization of $2.79 billion, a P/E ratio of -2.10, a P/E/G ratio of 0.67 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, June 10th. This represents a $0.60 dividend on an annualized basis and a yield of 12.89%. Medical Properties Trust’s dividend payout ratio is currently -27.03%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on MPW shares. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target on the stock in a research report on Friday, March 1st. Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and dropped their price target for the company from $10.00 to $4.25 in a research report on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and lifted their price target for the company from $2.00 to $5.00 in a research report on Wednesday, April 17th. Royal Bank of Canada reissued a “sector perform” rating and issued a $5.00 price target on shares of Medical Properties Trust in a research report on Tuesday, May 14th. Finally, StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $5.80.

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.