Mitsubishi UFJ Trust & Banking Corp Trims Position in Medical Properties Trust, Inc. (NYSE:MPW)

Mitsubishi UFJ Trust & Banking Corp lowered its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 289,019 shares of the real estate investment trust’s stock after selling 15,097 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Medical Properties Trust were worth $1,142,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Indie Asset Partners LLC increased its stake in shares of Medical Properties Trust by 16.7% during the 4th quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 2,204 shares during the last quarter. Sei Investments Co. increased its position in Medical Properties Trust by 6.6% during the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock worth $155,000 after purchasing an additional 2,438 shares during the last quarter. Atria Wealth Solutions Inc. raised its stake in Medical Properties Trust by 2.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust’s stock worth $440,000 after purchasing an additional 2,948 shares during the period. Vanderbilt University boosted its holdings in shares of Medical Properties Trust by 7.5% in the 4th quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 3,117 shares during the last quarter. Finally, CIBC Asset Management Inc grew its stake in shares of Medical Properties Trust by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 60,065 shares of the real estate investment trust’s stock valued at $237,000 after buying an additional 3,266 shares during the period. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Medical Properties Trust Price Performance

Shares of MPW stock opened at $5.90 on Wednesday. The firm has a fifty day simple moving average of $5.29 and a 200-day simple moving average of $4.84. The company has a market capitalization of $3.54 billion, a PE ratio of -1.40, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.55. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 5.43%. Medical Properties Trust’s dividend payout ratio is presently -8.42%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on MPW. Mizuho reduced their target price on 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 target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and raised their price target for the company from $5.00 to $9.00 in a report on Wednesday, March 12th. Royal Bank of Canada boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research note on Monday, March 10th. Finally, Wells Fargo & Company raised their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and an average target price of $5.64.

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.