168,200 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 168,200 shares of the real estate investment trust’s stock, valued at approximately $826,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tucker Asset Management LLC raised its stake in Medical Properties Trust by 2,447.6% in the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 7,661 shares during the last quarter. Checchi Capital Advisers LLC purchased a new stake in Medical Properties Trust in the third quarter valued at about $56,000. Integrated Advisors Network LLC purchased a new stake in Medical Properties Trust in the third quarter valued at about $56,000. Gratus Capital LLC purchased a new stake in Medical Properties Trust in the third quarter valued at about $57,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in Medical Properties Trust in the third quarter valued at about $59,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Medical Properties Trust Stock Down 1.1 %

Medical Properties Trust stock opened at $4.51 on Friday. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of -4.80, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20. 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 $4.27 and its 200 day moving average price is $4.35. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 13.30%. The ex-dividend date is Friday, April 19th. Medical Properties Trust’s payout ratio is currently -63.83%.

Wall Street Analyst Weigh In

MPW has been the subject of a number of research analyst reports. StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Mizuho cut their price objective on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price objective on the stock in a report on Friday, March 1st. Royal Bank of Canada cut their price objective on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. 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 equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Medical Properties Trust presently has an average rating of “Hold” and a consensus target price of $5.75.

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.