15,633 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Bought by Norden Group LLC

Norden Group LLC purchased a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the first quarter, HoldingsChannel reports. The fund purchased 15,633 shares of the real estate investment trust’s stock, valued at approximately $73,000.

Other large investors have also made changes to their positions in the company. Deutsche Bank AG lifted its holdings in Medical Properties Trust by 880.2% in 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. Teachers Retirement System of The State of Kentucky grew its stake in Medical Properties Trust by 93.2% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 204,807 shares of the real estate investment trust’s stock valued at $1,117,000 after acquiring an additional 98,807 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in Medical Properties Trust by 3.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,100,378 shares of the real estate investment trust’s stock worth $5,997,000 after purchasing an additional 36,992 shares in the last quarter. Diversified Trust Co bought a new position in shares of Medical Properties Trust during the 4th quarter valued at about $82,000. Finally, Fulcrum Capital LLC grew its position in shares of Medical Properties Trust by 30.7% during the fourth quarter. Fulcrum Capital LLC now owns 31,500 shares of the real estate investment trust’s stock valued at $155,000 after purchasing an additional 7,400 shares in the last quarter. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Medical Properties Trust Price Performance

MPW opened at $4.52 on Monday. The business has a fifty day moving average of $4.84 and a 200 day moving average of $4.33. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51. The stock has a market cap of $2.71 billion, a P/E ratio of -2.04, a PEG ratio of 0.65 and a beta of 1.27. Medical Properties Trust, Inc. has a 52-week low of $2.92 and a 52-week high of $10.74.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 13.27%. The ex-dividend date of this dividend was Monday, June 10th. Medical Properties Trust’s dividend payout ratio is presently -27.03%.

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.