Sequoia Financial Advisors LLC Makes New $181,000 Investment in Medical Properties Trust, Inc. (NYSE:MPW)

Sequoia Financial Advisors LLC acquired a new position in Medical Properties Trust, Inc. (NYSE:MPW) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 38,426 shares of the real estate investment trust’s stock, valued at approximately $181,000.

A number of other hedge funds have also recently added to or reduced their stakes in MPW. Norges Bank acquired a new position in Medical Properties Trust in the fourth quarter worth $25,655,000. Deutsche Bank AG boosted its holdings in shares of 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 during the period. BNP Paribas Financial Markets boosted its holdings in shares of 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 during the period. Wilsey Asset Management Inc. boosted its holdings in shares of Medical Properties Trust by 90.9% during the first quarter. Wilsey Asset Management Inc. now owns 3,439,549 shares of the real estate investment trust’s stock valued at $16,166,000 after acquiring an additional 1,637,720 shares during the period. Finally, Coatue Management LLC boosted its holdings in shares of Medical Properties Trust by 18.5% during 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 acquiring an additional 1,060,830 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

Shares of Medical Properties Trust stock opened at $4.40 on Thursday. The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 1.51. The company’s 50-day moving average price is $4.86 and its two-hundred day moving average price is $4.34. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The stock has a market cap of $2.64 billion, a PE ratio of -1.98, a price-to-earnings-growth ratio of 0.59 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 13.65%. The ex-dividend date of this dividend was Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MPW shares. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price target for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Royal Bank of Canada reissued a “sector perform” rating and set a $5.00 price target on shares of Medical Properties Trust in a report on Tuesday, May 14th. Truist Financial boosted their price target on shares of Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a report on Thursday, May 30th. Colliers Securities downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their price target for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. Finally, BNP Paribas cut shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $6.00 to $4.00 in a research note on Tuesday, July 2nd. Five analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and an average price target of $5.61.

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.