Cetera Trust Company N.A Purchases New Shares in Medical Properties Trust, Inc. (NYSE:MPW)

Cetera Trust Company N.A purchased a new stake in Medical Properties Trust, Inc. (NYSE:MPW) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 8,700 shares of the real estate investment trust’s stock, valued at approximately $43,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tucker Asset Management LLC boosted its position in shares of Medical Properties Trust by 2,447.6% in the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 7,661 shares during the period. Riverview Trust Co lifted its stake in Medical Properties Trust by 313.8% in the 3rd quarter. Riverview Trust Co now owns 9,128 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 6,922 shares in the last quarter. Checchi Capital Advisers LLC purchased a new stake in Medical Properties Trust in the 3rd quarter worth about $56,000. Integrated Advisors Network LLC purchased a new stake in Medical Properties Trust in the 3rd quarter worth about $56,000. Finally, Gratus Capital LLC purchased a new stake in Medical Properties Trust in the 3rd quarter worth about $57,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 2.0 %

Shares of NYSE:MPW opened at $4.51 on Tuesday. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. The business’s 50 day moving average is $4.20 and its 200-day moving average is $4.35. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 13.30%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust’s payout ratio is presently -63.83%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on MPW shares. StockNews.com downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Truist Financial increased their price objective on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research note on Monday, April 8th. Royal Bank of Canada reduced their price objective on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. Colliers Securities downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their price target for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Finally, BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target for the company in a research note on Friday, March 1st. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.