Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Macquarie Group Ltd.

Macquarie Group Ltd. decreased its position in Medical Properties Trust, Inc. (NYSE:MPW – Get Rating) by 9.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 840,326 shares of the real estate investment trust’s stock after selling 86,800 shares during the quarter. Macquarie Group Ltd. owned about 0.14% of Medical Properties Trust worth $10,006,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MPW. State Street Corp lifted its holdings in shares of Medical Properties Trust by 11.7% in the first 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. Heitman Real Estate Securities LLC acquired a new stake in shares of Medical Properties Trust during the third quarter worth $34,536,000. Goldman Sachs Group Inc. raised its position in shares of Medical Properties Trust by 175.3% during the second quarter. Goldman Sachs Group Inc. now owns 3,850,463 shares of the real estate investment trust’s stock worth $58,797,000 after purchasing an additional 2,451,617 shares during the period. Federated Hermes Inc. raised its position in shares of Medical Properties Trust by 1,580.8% during the second quarter. Federated Hermes Inc. now owns 1,797,458 shares of the real estate investment trust’s stock worth $27,447,000 after purchasing an additional 1,690,516 shares during the period. Finally, Millennium Management LLC raised its position in shares of Medical Properties Trust by 286.2% during the second quarter. Millennium Management LLC now owns 2,102,077 shares of the real estate investment trust’s stock worth $32,099,000 after purchasing an additional 1,557,713 shares during the period. Institutional investors and hedge funds own 80.31% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MPW shares. Barclays cut their target price on Medical Properties Trust from $17.00 to $14.00 and set an “overweight” rating on the stock in a research report on Monday, February 27th. KeyCorp dropped their price target on Medical Properties Trust from $18.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, January 19th. Bank of America raised Medical Properties Trust from a “neutral” rating to a “buy” rating and upped their price target for the company from $13.00 to $16.00 in a research report on Monday, November 14th. They noted that the move was a valuation call. Raymond James dropped their price target on Medical Properties Trust from $18.00 to $16.00 and set a “strong-buy” rating on the stock in a research report on Thursday, March 2nd. Finally, Credit Suisse Group dropped their price target on Medical Properties Trust from $13.00 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 24th. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.36.

Medical Properties Trust Stock Performance

Shares of MPW stock opened at $10.51 on Tuesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.92 and a quick ratio of 1.92. Medical Properties Trust, Inc. has a fifty-two week low of $9.87 and a fifty-two week high of $21.63. The stock’s 50-day moving average is $12.21 and its two-hundred day moving average is $12.39. The firm has a market cap of $6.29 billion, a P/E ratio of 7.01, a PEG ratio of 0.64 and a beta of 0.96.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 13th. Stockholders of record on Thursday, March 16th will be paid a dividend of $0.29 per share. The ex-dividend date is Wednesday, March 15th. This represents a $1.16 annualized dividend and a dividend yield of 11.04%. Medical Properties Trust’s dividend payout ratio (DPR) is presently 77.33%.

About Medical Properties Trust

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Medical Properties Trust, Inc is a self-advised real estate investment trust, engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals, long-term acute care hospitals, ambulatory surgery centers, hospitals for women and children, regional and community hospitals, medical office buildings, and other single-discipline facilities.