Daiwa Securities Group Inc. Sells 4,301,110 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Daiwa Securities Group Inc. decreased its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 47.5% during the 4th quarter, HoldingsChannel reports. The fund owned 4,747,679 shares of the real estate investment trust’s stock after selling 4,301,110 shares during the period. Daiwa Securities Group Inc.’s holdings in Medical Properties Trust were worth $23,311,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Lasalle Investment Management Securities LLC boosted its stake in shares of Medical Properties Trust by 49.6% during the third quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock valued at $27,609,000 after purchasing an additional 1,680,200 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its position in Medical Properties Trust by 93.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 204,807 shares of the real estate investment trust’s stock worth $1,117,000 after buying an additional 98,807 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in Medical Properties Trust during the 4th quarter worth approximately $109,000. Caxton Associates LP acquired a new position in Medical Properties Trust in the 3rd quarter valued at approximately $2,628,000. Finally, Wolverine Asset Management LLC increased its position in Medical Properties Trust by 284.5% in the 3rd quarter. Wolverine Asset Management LLC now owns 195,112 shares of the real estate investment trust’s stock valued at $1,063,000 after acquiring an additional 144,370 shares during the period. Institutional investors own 71.79% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price objective on the stock in a research note on Friday, March 1st. KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Truist Financial raised their price objective on 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 reduced their target price 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, StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $5.75.

Medical Properties Trust Stock Down 0.2 %

MPW opened at $4.76 on Thursday. The company has a fifty day moving average price of $4.14 and a two-hundred day moving average price of $4.37. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.61%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust’s dividend payout ratio is currently -63.83%.

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.