Zurcher Kantonalbank Zurich Cantonalbank Has $1.46 Million Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 5.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 297,083 shares of the real estate investment trust’s stock after purchasing an additional 16,632 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Medical Properties Trust were worth $1,459,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. DGS Capital Management LLC acquired a new stake in Medical Properties Trust in the fourth quarter worth $178,000. Hoxton Planning & Management LLC bought a new position in shares of Medical Properties Trust in the fourth quarter valued at $148,000. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Medical Properties Trust by 5.3% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,546,115 shares of the real estate investment trust’s stock valued at $22,321,000 after buying an additional 228,716 shares in the last quarter. Louisiana State Employees Retirement System bought a new position in shares of Medical Properties Trust in the fourth quarter valued at $826,000. Finally, Simplicity Solutions LLC bought a new position in shares of Medical Properties Trust in the fourth quarter valued at $89,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MPW has been the topic of a number of recent research reports. KeyCorp reaffirmed a “sector weight” rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Mizuho dropped their price target on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 3rd. Truist Financial upped 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. Royal Bank of Canada dropped their target price on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 20th. Finally, BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a report on Friday, March 1st. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Price Performance

Shares of NYSE MPW opened at $4.57 on Friday. The stock has a fifty day simple moving average of $4.25 and a two-hundred day simple moving average of $4.35. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of -4.86, a price-to-earnings-growth ratio of 1.40 and a beta of 1.20. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.32.

Medical Properties Trust Dividend Announcement

The company 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 dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 13.14%. The ex-dividend date is Friday, April 19th. Medical Properties Trust’s dividend payout ratio (DPR) is -63.83%.

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.