New York State Common Retirement Fund Reduces Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

New York State Common Retirement Fund cut its position in Medical Properties Trust, Inc. (NYSE:MPW) by 10.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 350,794 shares of the real estate investment trust’s stock after selling 39,000 shares during the quarter. New York State Common Retirement Fund owned about 0.06% of Medical Properties Trust worth $1,386,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MPW. Quadrature Capital Ltd bought a new stake in shares of Medical Properties Trust during the 3rd quarter valued at $927,000. JPMorgan Chase & Co. increased its position in shares of Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after buying an additional 303,628 shares during the period. Wolverine Asset Management LLC increased its position in shares of Medical Properties Trust by 27.8% during the third quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust’s stock valued at $3,030,000 after buying an additional 112,721 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Medical Properties Trust by 353.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock worth $20,625,000 after buying an additional 2,748,245 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of Medical Properties Trust in the third quarter valued at approximately $883,000. Institutional investors own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

MPW has been the topic of a number of analyst reports. Mizuho decreased their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. Truist Financial decreased their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $4.92.

Medical Properties Trust Trading Up 5.6 %

Shares of Medical Properties Trust stock opened at $5.90 on Monday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The firm has a market cap of $3.54 billion, a PE ratio of -1.40, a PEG ratio of 1.01 and a beta of 1.32. The company has a 50 day simple moving average of $4.44 and a two-hundred day simple moving average of $4.66.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

Insider Buying and Selling

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the sale, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.53% of the stock is owned by company insiders.

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.