Federated Hermes Inc. Sells 11,853 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Federated Hermes Inc. lessened its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 21.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,414 shares of the real estate investment trust’s stock after selling 11,853 shares during the quarter. Federated Hermes Inc.’s holdings in Medical Properties Trust were worth $213,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Medical Properties Trust by 5.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 297,083 shares of the real estate investment trust’s stock worth $1,459,000 after purchasing an additional 16,632 shares in the last quarter. DGS Capital Management LLC acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth $178,000. Hoxton Planning & Management LLC acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth $148,000. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Medical Properties Trust by 5.3% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,546,115 shares of the real estate investment trust’s stock worth $22,321,000 after purchasing an additional 228,716 shares in the last quarter. Finally, Louisiana State Employees Retirement System acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth $826,000. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

NYSE MPW opened at $4.87 on Monday. 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 firm has a market capitalization of $2.92 billion, a P/E ratio of -5.18, a PEG ratio of 0.55 and a beta of 1.19. The stock has a 50-day simple moving average of $4.39 and a two-hundred day simple moving average of $4.32.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.32%. The ex-dividend date was Friday, April 19th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -63.83%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MPW shares. Royal Bank of Canada reduced their target price on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. Truist Financial raised their target price on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research note on Monday, April 8th. Colliers Securities lowered Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Finally, Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and raised their target price for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.75.

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.