Medical Properties Trust, Inc. (NYSE:MPW) Shares Purchased by New York Life Investment Management LLC

New York Life Investment Management LLC raised its stake in shares of Medical Properties Trust, Inc. (NYSE:MPWFree Report) by 668.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 88,373 shares of the real estate investment trust’s stock after buying an additional 76,869 shares during the period. New York Life Investment Management LLC’s holdings in Medical Properties Trust were worth $434,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Tucker Asset Management LLC boosted its position in shares of Medical Properties Trust by 2,447.6% during 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 in the last quarter. Cetera Trust Company N.A bought a new position in shares of Medical Properties Trust during the 4th quarter valued at about $43,000. Cary Street Partners Investment Advisory LLC boosted its position in shares of Medical Properties Trust by 861.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 8,615 shares in the last quarter. Checchi Capital Advisers LLC bought a new position in shares of Medical Properties Trust during the 3rd quarter valued at about $56,000. Finally, Integrated Advisors Network LLC bought a new position in shares of Medical Properties Trust during the 3rd quarter valued at about $56,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Truist Financial raised their price objective on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research report on Monday, April 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and raised their target price for the stock from $2.00 to $5.00 in a report on Wednesday, April 17th. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Friday. Colliers Securities cut shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Finally, BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a report on Friday, March 1st. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and a consensus target price of $5.75.

Check Out Our Latest Research Report on Medical Properties Trust

Medical Properties Trust Price Performance

Shares of MPW opened at $4.78 on Friday. The firm has a market cap of $2.86 billion, a PE ratio of -2.15, a PEG ratio of 0.53 and a beta of 1.19. The firm’s 50 day moving average price is $4.43 and its 200 day moving average price is $4.32. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.26 and a current ratio of 3.10. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $10.74.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.55%. The ex-dividend date was Friday, April 19th. Medical Properties Trust’s dividend payout ratio is -27.03%.

Medical Properties Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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