Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp cut its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 289,019 shares of the real estate investment trust’s stock after selling 15,097 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Medical Properties Trust were worth $1,142,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its stake in shares of Medical Properties Trust by 230.4% in the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 4,241 shares in the last quarter. Verus Capital Partners LLC acquired a new stake in Medical Properties Trust during the fourth quarter valued at approximately $40,000. RS Crum Inc. bought a new position in Medical Properties Trust during the 4th quarter worth approximately $40,000. RFG Advisory LLC acquired a new position in shares of Medical Properties Trust in the 4th quarter worth approximately $40,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Medical Properties Trust in the 3rd quarter valued at approximately $61,000. 71.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MPW has been the subject of a number of research reports. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. Royal Bank of Canada boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research report on Monday, March 10th. Truist Financial cut their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. Wells Fargo & Company increased their price target on Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Finally, StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Medical Properties Trust presently has an average rating of “Hold” and a consensus price target of $5.64.

Medical Properties Trust Trading Down 2.2 %

NYSE:MPW opened at $5.90 on Wednesday. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of -1.40, a PEG ratio of 1.01 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The business has a fifty day moving average of $5.29 and a 200-day moving average of $4.84.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 5.43%. Medical Properties Trust’s payout ratio is -8.42%.

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.