Y Intercept Hong Kong Ltd raised its position in Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 710.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 434,732 shares of the real estate investment trust’s stock after buying an additional 381,109 shares during the quarter. Y Intercept Hong Kong Ltd owned about 0.07% of Medical Properties Trust worth $2,204,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in MPW. Mitsubishi UFJ Trust & Banking Corp grew its stake in Medical Properties Trust by 17.4% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 167,582 shares of the real estate investment trust’s stock valued at $850,000 after buying an additional 24,880 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Medical Properties Trust by 35.3% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 309,413 shares of the real estate investment trust’s stock worth $1,569,000 after acquiring an additional 80,771 shares during the period. Samalin Investment Counsel LLC grew its position in shares of Medical Properties Trust by 27.8% in the third quarter. Samalin Investment Counsel LLC now owns 164,136 shares of the real estate investment trust’s stock valued at $832,000 after purchasing an additional 35,661 shares in the last quarter. Jackson Thornton Wealth Management LLC grew its position in shares of Medical Properties Trust by 59.6% in the third quarter. Jackson Thornton Wealth Management LLC now owns 36,869 shares of the real estate investment trust’s stock valued at $199,000 after purchasing an additional 13,761 shares in the last quarter. Finally, QTR Family Wealth LLC bought a new stake in shares of Medical Properties Trust during the 3rd quarter valued at $55,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.
Medical Properties Trust Stock Down 2.1%
Shares of NYSE MPW opened at $5.01 on Thursday. The stock has a market capitalization of $3.01 billion, a P/E ratio of -4.24 and a beta of 1.43. Medical Properties Trust, Inc. has a one year low of $3.95 and a one year high of $6.34. The firm’s 50 day simple moving average is $5.25 and its two-hundred day simple moving average is $4.90. The company has a debt-to-equity ratio of 2.06, a current ratio of 2.68 and a quick ratio of 2.68.
Medical Properties Trust Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 7.2%. This is an increase from Medical Properties Trust’s previous quarterly dividend of $0.08. The ex-dividend date was Thursday, December 11th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -30.51%.
Analysts Set New Price Targets
A number of research firms have weighed in on MPW. Wall Street Zen lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Monday, January 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a research note on Thursday, January 22nd. Finally, Wells Fargo & Company upped their target price on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock an “underweight” rating in a report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $6.17.
Get Our Latest Report on Medical Properties Trust
Medical Properties Trust Company Profile
Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.
Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.
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