International Assets Investment Management LLC Acquires 693,517 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

International Assets Investment Management LLC grew its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 486.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 836,090 shares of the real estate investment trust’s stock after purchasing an additional 693,517 shares during the period. International Assets Investment Management LLC’s holdings in Medical Properties Trust were worth $4,105,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Cetera Investment Advisers raised its position in shares of Medical Properties Trust by 1.4% in the first quarter. Cetera Investment Advisers now owns 84,116 shares of the real estate investment trust’s stock valued at $1,778,000 after purchasing an additional 1,164 shares during the period. Guardian Wealth Management Inc. raised its position in shares of Medical Properties Trust by 2.3% in the first quarter. Guardian Wealth Management Inc. now owns 57,304 shares of the real estate investment trust’s stock valued at $1,211,000 after purchasing an additional 1,269 shares during the period. CreativeOne Wealth LLC raised its position in shares of Medical Properties Trust by 9.2% in the second quarter. CreativeOne Wealth LLC now owns 18,184 shares of the real estate investment trust’s stock valued at $168,000 after purchasing an additional 1,534 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Medical Properties Trust by 43.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,402 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 1,649 shares during the period. Finally, Nissay Asset Management Corp Japan ADV raised its position in shares of Medical Properties Trust by 1.3% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 130,923 shares of the real estate investment trust’s stock valued at $1,458,000 after purchasing an additional 1,684 shares during the period. Institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. KeyCorp reissued a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Royal Bank of Canada decreased 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 report on Tuesday, February 20th. StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Finally, Mizuho decreased their target price on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. Six research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $5.48.

Medical Properties Trust Price Performance

MPW stock opened at $4.62 on Wednesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $10.74. The stock has a market cap of $2.77 billion, a PE ratio of -4.91, a P/E/G ratio of 1.18 and a beta of 1.20. The firm has a 50 day simple moving average of $4.11 and a two-hundred day simple moving average of $4.36.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be paid a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.99%. Medical Properties Trust’s dividend payout ratio (DPR) is -63.83%.

Medical Properties Trust 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.