134,260 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Purchased by TCG Advisory Services LLC

TCG Advisory Services LLC acquired a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 134,260 shares of the real estate investment trust’s stock, valued at approximately $659,000.

A number of other hedge funds also recently added to or reduced their stakes in MPW. Deutsche Bank AG boosted its holdings in shares of Medical Properties Trust by 880.2% in the third quarter. Deutsche Bank AG now owns 3,951,543 shares of the real estate investment trust’s stock valued at $21,536,000 after acquiring an additional 3,548,423 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Medical Properties Trust by 30.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,610,221 shares of the real estate investment trust’s stock valued at $46,926,000 after purchasing an additional 1,989,853 shares in the last quarter. Lasalle Investment Management Securities LLC increased its position in Medical Properties Trust by 49.6% during the 3rd quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock worth $27,609,000 after purchasing an additional 1,680,200 shares during the period. AQR Capital Management LLC raised its stake in shares of Medical Properties Trust by 125.3% during the 3rd quarter. AQR Capital Management LLC now owns 2,261,451 shares of the real estate investment trust’s stock worth $12,325,000 after buying an additional 1,257,921 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Medical Properties Trust by 115.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,623,611 shares of the real estate investment trust’s stock valued at $8,849,000 after buying an additional 870,606 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

MPW stock traded up $0.03 during trading on Friday, hitting $4.87. The stock had a trading volume of 20,997,685 shares, compared to its average volume of 15,077,110. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of -5.18, a price-to-earnings-growth ratio of 0.55 and a beta of 1.19. The company’s 50 day moving average price is $4.39 and its two-hundred day moving average price is $4.32. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Monday, April 22nd were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 12.32%. The ex-dividend date of this dividend was Friday, April 19th. Medical Properties Trust’s payout ratio is -63.83%.

Analyst Upgrades and Downgrades

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

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.