Alaska Permanent Fund Corp Raises Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Alaska Permanent Fund Corp increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 78.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 520,553 shares of the real estate investment trust’s stock after purchasing an additional 229,268 shares during the quarter. Alaska Permanent Fund Corp owned approximately 0.09% of Medical Properties Trust worth $2,447,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MPW. QRG Capital Management Inc. purchased a new stake in shares of Medical Properties Trust during the 3rd quarter worth $332,000. Envestnet Portfolio Solutions Inc. acquired a new position in Medical Properties Trust during the 3rd quarter valued at about $79,000. Invesco Ltd. increased its position in Medical Properties Trust by 1.9% during the 3rd quarter. Invesco Ltd. now owns 2,833,532 shares of the real estate investment trust’s stock valued at $15,443,000 after buying an additional 53,074 shares in the last quarter. Hsbc Holdings PLC increased its position in Medical Properties Trust by 113.9% during the 3rd quarter. Hsbc Holdings PLC now owns 869,937 shares of the real estate investment trust’s stock valued at $4,694,000 after buying an additional 463,303 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in Medical Properties Trust by 115.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,623,611 shares of the real estate investment trust’s stock valued at $8,849,000 after buying an additional 870,606 shares in the last quarter. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MPW has been the topic of several recent analyst reports. BNP Paribas raised 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. Truist Financial upped their target price on Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a research report on Thursday, May 30th. StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 18th. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price objective for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Finally, Colliers Securities lowered Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their price objective for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $5.80.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $4.81 on Friday. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of -2.16, a price-to-earnings-growth ratio of 0.69 and a beta of 1.27. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The business’s 50-day moving average price is $4.92 and its 200 day moving average price is $4.40. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Monday, June 10th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 12.49%. The ex-dividend date is Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -27.03%.

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.