Nisa Investment Advisors LLC reduced its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 9.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,105 shares of the real estate investment trust’s stock after selling 13,185 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Medical Properties Trust were worth $820,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Novem Group increased its stake in shares of Medical Properties Trust by 8.1% during the first quarter. Novem Group now owns 27,606 shares of the real estate investment trust’s stock worth $166,000 after acquiring an additional 2,058 shares during the period. Beacon Financial Advisory LLC increased its stake in shares of Medical Properties Trust by 13.4% during the first quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust’s stock worth $122,000 after acquiring an additional 2,386 shares during the period. Sei Investments Co. boosted its holdings in Medical Properties Trust by 6.6% during the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock worth $155,000 after buying an additional 2,438 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Medical Properties Trust by 49.5% during the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 2,606 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV boosted its holdings in Medical Properties Trust by 5.6% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 49,953 shares of the real estate investment trust’s stock worth $186,000 after buying an additional 2,661 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors and hedge funds.
Medical Properties Trust Stock Performance
Shares of MPW opened at $4.08 on Wednesday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 3.23 and a current ratio of 3.23. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of -1.47 and a beta of 1.29. The company’s 50 day simple moving average is $4.56 and its 200 day simple moving average is $4.90. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55.
Medical Properties Trust Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 7.85%. The ex-dividend date is Wednesday, June 18th. Medical Properties Trust’s dividend payout ratio is currently -11.55%.
Analyst Ratings Changes
A number of research firms recently commented on MPW. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, July 5th. Royal Bank Of Canada reduced their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a report on Monday, June 30th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $5.67.
Check Out Our Latest Report on MPW
Medical Properties Trust 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.
Recommended Stories
- Five stocks we like better than Medical Properties Trust
- What is the Hang Seng index?
- JPMorgan Q2 Results Affirm Dividend, Buybacks, & Growth
- How to Invest in Small Cap Stocks
- Goldman Spotlights These 3 Stocks in Its Bullish S&P 500 Outlook
- What Are Dividends? Buy the Best Dividend Stocks
- Fastenal Surges After Earnings Beat, Tariff Risks Loom
Receive News & Ratings for Medical Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.