Commerce Bank Has $435,000 Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Commerce Bank trimmed its stake in shares of Medical Properties Trust, Inc. (NYSE:MPWFree Report) by 84.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,496 shares of the real estate investment trust’s stock after selling 486,144 shares during the quarter. Commerce Bank’s holdings in Medical Properties Trust were worth $435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Tucker Asset Management LLC lifted its holdings in Medical Properties Trust by 2,447.6% during the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 7,661 shares during the last quarter. Cetera Trust Company N.A acquired a new stake in Medical Properties Trust during the 4th quarter valued at $43,000. Cary Street Partners Investment Advisory LLC raised its position in Medical Properties Trust by 861.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 8,615 shares during the last quarter. Ieq Capital LLC acquired a new position in Medical Properties Trust in the fourth quarter worth $50,000. Finally, Principal Securities Inc. acquired a new position in Medical Properties Trust in the fourth quarter worth $50,000. 71.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MPW. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Colliers Securities cut shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their price target for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price objective for the company in a research report on Friday, March 1st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a research report on Tuesday, May 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and raised their price target for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $5.80.

Get Our Latest Analysis on Medical Properties Trust

Medical Properties Trust Stock Up 7.2 %

Shares of NYSE MPW opened at $5.36 on Friday. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The stock has a 50 day moving average price of $4.67 and a 200 day moving average price of $4.35. The company has a debt-to-equity ratio of 1.51, a current ratio of 3.10 and a quick ratio of 2.26.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Monday, June 10th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, June 10th. This represents a $0.60 annualized dividend and a dividend yield of 11.19%. Medical Properties Trust’s dividend payout ratio is presently -27.03%.

About Medical Properties Trust

(Free Report)

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.

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Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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