Medical Properties Trust, Inc. (NYSE:MPW) is Wolff Wiese Magana LLC’s 5th Largest Position

Wolff Wiese Magana LLC boosted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPWGet Rating) by 426.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 199,945 shares of the real estate investment trust’s stock after acquiring an additional 161,992 shares during the period. Medical Properties Trust accounts for approximately 2.2% of Wolff Wiese Magana LLC’s investment portfolio, making the stock its 5th biggest position. Wolff Wiese Magana LLC’s holdings in Medical Properties Trust were worth $3,053,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Medical Properties Trust by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 87,046,765 shares of the real estate investment trust’s stock valued at $1,840,168,000 after buying an additional 496,833 shares during the period. BlackRock Inc. grew its stake in shares of Medical Properties Trust by 0.9% in the 4th quarter. BlackRock Inc. now owns 82,216,544 shares of the real estate investment trust’s stock valued at $1,942,776,000 after buying an additional 711,240 shares during the period. State Street Corp grew its stake in shares of Medical Properties Trust by 11.7% in the 1st quarter. State Street Corp now owns 36,158,910 shares of the real estate investment trust’s stock valued at $774,593,000 after buying an additional 3,800,294 shares during the period. Principal Financial Group Inc. grew its stake in shares of Medical Properties Trust by 2.0% in the 1st quarter. Principal Financial Group Inc. now owns 21,232,075 shares of the real estate investment trust’s stock valued at $448,845,000 after buying an additional 409,146 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Medical Properties Trust by 3.0% in the 4th quarter. Geode Capital Management LLC now owns 9,163,551 shares of the real estate investment trust’s stock valued at $216,255,000 after buying an additional 269,485 shares during the period. Hedge funds and other institutional investors own 80.34% of the company’s stock.

Analysts Set New Price Targets

MPW has been the subject of several analyst reports. TheStreet cut shares of Medical Properties Trust from a “b-” rating to a “c+” rating in a research note on Wednesday, June 15th. KeyCorp dropped their price target on shares of Medical Properties Trust from $23.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, July 7th. Truist Financial lowered their price objective on shares of Medical Properties Trust from $23.00 to $18.00 in a research report on Monday, July 11th. Barclays lowered their price objective on shares of Medical Properties Trust from $27.00 to $23.00 and set an “overweight” rating for the company in a research report on Thursday, August 4th. Finally, StockNews.com cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, July 13th. Seven analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $19.10.

Medical Properties Trust Stock Down 4.7 %

Medical Properties Trust stock traded down $0.61 during mid-day trading on Friday, reaching $12.30. 563,778 shares of the company’s stock were exchanged, compared to its average volume of 9,817,859. The company has a market cap of $7.37 billion, a P/E ratio of 6.33, a P/E/G ratio of 0.71 and a beta of 0.80. Medical Properties Trust, Inc. has a twelve month low of $12.67 and a twelve month high of $24.13. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 1.14. The company has a fifty day moving average of $15.43 and a 200-day moving average of $17.26.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th will be issued a dividend of $0.29 per share. The ex-dividend date is Wednesday, September 14th. This represents a $1.16 dividend on an annualized basis and a yield of 9.43%. Medical Properties Trust’s dividend payout ratio (DPR) is presently 58.00%.

About Medical Properties Trust

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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 hospitals with 431 facilities and roughly 43,000 licensed beds in nine countries and across four continents on a pro forma basis.

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Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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