Future Financial Wealth Managment LLC Buys New Shares in Medical Properties Trust, Inc. (NYSE:MPW)

Future Financial Wealth Managment LLC purchased a new position in Medical Properties Trust, Inc. (NYSE:MPW) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,000 shares of the real estate investment trust’s stock, valued at approximately $38,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MPW. Charles Schwab Investment Management Inc. boosted its position in shares of 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 acquiring an additional 448,118 shares during the last quarter. Coatue Management LLC boosted its holdings in shares of Medical Properties Trust by 18.5% in the 4th quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock valued at $33,420,000 after purchasing an additional 1,060,830 shares during the last quarter. Lasalle Investment Management Securities LLC grew its stake in shares of Medical Properties Trust by 6.5% during the 4th quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock valued at $26,490,000 after buying an additional 329,224 shares during the period. Norges Bank acquired a new stake in shares of Medical Properties Trust during the 4th quarter worth $25,655,000. Finally, Legal & General Group Plc raised 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 buying an additional 13,585 shares during the period. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

Shares of MPW stock opened at $4.67 on Friday. 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, Inc. has a one year low of $2.92 and a one year high of $10.74. The company’s 50-day simple moving average is $4.93 and its 200-day simple moving average is $4.39.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th will be given a $0.15 dividend. The ex-dividend date is Monday, June 10th. This represents a $0.60 annualized dividend and a dividend yield of 12.86%. Medical Properties Trust’s payout ratio is -27.03%.

Analysts Set New Price Targets

Several equities research analysts have commented on MPW shares. Truist Financial upped their price target on Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a research note on Thursday, May 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. 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 report on Friday, March 1st. StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $5.00 price target on shares of Medical Properties Trust in a research report on Tuesday, May 14th. Five 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 company. According to data from MarketBeat.com, Medical Properties Trust has an average rating of “Hold” and a consensus price target of $5.80.

About Medical Properties Trust

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.