Rpo LLC Acquires Shares of 16,374 Medical Properties Trust, Inc. (NYSE:MPW)

Rpo LLC bought a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPWFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,374 shares of the real estate investment trust’s stock, valued at approximately $80,000.

Other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its position in Medical Properties Trust by 5.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock worth $44,476,000 after buying an additional 448,118 shares during the last quarter. Norges Bank bought a new stake in shares of Medical Properties Trust in the fourth quarter worth about $25,655,000. Lasalle Investment Management Securities LLC boosted its position in Medical Properties Trust by 49.6% during the 3rd quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock valued at $27,609,000 after acquiring an additional 1,680,200 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Medical Properties Trust by 0.3% in the 3rd quarter. Legal & General Group Plc now owns 4,852,620 shares of the real estate investment trust’s stock worth $26,447,000 after purchasing an additional 13,585 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Medical Properties Trust by 5.3% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,546,115 shares of the real estate investment trust’s stock worth $22,321,000 after acquiring an additional 228,716 shares during the last quarter. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Price Performance

NYSE:MPW traded down $0.11 during mid-day trading on Wednesday, hitting $5.00. 2,335,066 shares of the company’s stock traded hands, compared to its average volume of 21,936,705. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.26 and a current ratio of 3.10. The firm’s 50 day simple moving average is $4.62 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 market cap of $3.00 billion, a PE ratio of -2.30, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.00%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on MPW shares. Royal Bank of Canada restated a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a research note on Tuesday, May 14th. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a research report on Friday, March 1st. Colliers Securities cut shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their target price for the company from $10.00 to $4.25 in a research report on Wednesday, April 10th. StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Finally, Truist Financial increased their price objective on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research report on Monday, April 8th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $5.75.

Check Out Our Latest Stock Analysis on Medical Properties Trust

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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