Greenleaf Trust Buys New Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Greenleaf Trust bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 24,825 shares of the real estate investment trust’s stock, valued at approximately $122,000.

Several other institutional investors and hedge funds have also made changes to their positions in MPW. Deutsche Bank AG lifted its position in shares of Medical Properties Trust by 880.2% during the third quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust’s stock worth $21,536,000 after purchasing an additional 3,548,423 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Medical Properties Trust by 30.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 8,610,221 shares of the real estate investment trust’s stock worth $46,926,000 after purchasing an additional 1,989,853 shares during the last quarter. Lasalle Investment Management Securities LLC lifted its position 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 worth $27,609,000 after purchasing an additional 1,680,200 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Medical Properties Trust by 125.3% during the third quarter. AQR Capital Management LLC now owns 2,261,451 shares of the real estate investment trust’s stock worth $12,325,000 after purchasing an additional 1,257,921 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Medical Properties Trust by 115.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,623,611 shares of the real estate investment trust’s stock valued at $8,849,000 after acquiring an additional 870,606 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on MPW shares. KeyCorp restated a “sector weight” rating on shares of Medical Properties Trust in a report on Friday, January 5th. Mizuho decreased their price objective on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating for the company in a report on Wednesday, January 3rd. Colliers Securities downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. Truist Financial lifted their price objective on Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a report on Monday, April 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and lifted their target price for the company from $2.00 to $5.00 in a research note on Wednesday, April 17th. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $5.75.

Medical Properties Trust Stock Performance

Shares of MPW stock opened at $4.57 on Friday. Medical Properties Trust, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $10.74. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26. The stock’s 50-day simple moving average is $4.25 and its 200-day simple moving average is $4.35.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.14%. Medical Properties Trust’s payout ratio 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.