National Bank of Canada FI Has $91,000 Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

National Bank of Canada FI reduced its stake in shares of Medical Properties Trust, Inc. (NYSE:MPWFree Report) by 23.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,945 shares of the real estate investment trust’s stock after selling 5,456 shares during the quarter. National Bank of Canada FI’s holdings in Medical Properties Trust were worth $91,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. TCG Advisory Services LLC acquired a new position in shares of Medical Properties Trust in the 4th quarter valued at approximately $659,000. M&T Bank Corp grew its position in shares of Medical Properties Trust by 66.9% in the 4th quarter. M&T Bank Corp now owns 130,143 shares of the real estate investment trust’s stock valued at $639,000 after purchasing an additional 52,176 shares during the period. Amalgamated Bank grew its position in shares of Medical Properties Trust by 0.9% in the 4th quarter. Amalgamated Bank now owns 376,806 shares of the real estate investment trust’s stock valued at $1,850,000 after purchasing an additional 3,322 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of Medical Properties Trust in the 4th quarter valued at approximately $65,000. Finally, Great Valley Advisor Group Inc. acquired a new position in shares of Medical Properties Trust in the 4th quarter valued at approximately $68,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a research report on Tuesday, May 14th. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a research note on Friday, March 1st. StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday. Truist Financial boosted their target price on Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research note on Monday, April 8th. Finally, Colliers Securities cut Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their target price for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $5.75.

Get Our Latest Stock Report on MPW

Medical Properties Trust Stock Down 2.1 %

MPW stock opened at $5.01 on Friday. The firm has a market capitalization of $3.00 billion, a PE ratio of -2.26, a PEG ratio of 0.60 and a beta of 1.19. The business’s 50 day simple moving average is $4.53 and its 200 day simple moving average is $4.34. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. The company has a current ratio of 3.10, a quick ratio of 2.26 and a debt-to-equity ratio of 1.48.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were paid a dividend of $0.15 per share. The ex-dividend date was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.98%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -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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