Quadrant Capital Group LLC Buys 17,107 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Quadrant Capital Group LLC grew its position in Medical Properties Trust, Inc. (NYSE:MPW) by 497.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,544 shares of the real estate investment trust’s stock after purchasing an additional 17,107 shares during the quarter. Quadrant Capital Group LLC’s holdings in Medical Properties Trust were worth $101,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Tucker Asset Management LLC increased its stake in Medical Properties Trust by 2,447.6% during the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 7,661 shares during the period. Cetera Trust Company N.A bought a new position in Medical Properties Trust during the fourth quarter worth about $43,000. Cary Street Partners Investment Advisory LLC boosted its holdings in Medical Properties Trust by 861.5% during the fourth 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 in the last quarter. Ieq Capital LLC acquired a new position in shares of Medical Properties Trust in the 4th quarter worth approximately $50,000. Finally, Principal Securities Inc. bought a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $50,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MPW. Colliers Securities cut Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their price objective for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 18th. Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price target for the stock from $2.00 to $5.00 in a research report on Wednesday, April 17th. BNP Paribas upgraded 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. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $5.00 target price on shares of Medical Properties Trust in a report on Tuesday, May 14th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $5.75.

Medical Properties Trust Price Performance

Shares of Medical Properties Trust stock opened at $5.04 on Friday. The business has a fifty day simple moving average of $4.61 and a 200 day simple moving average of $4.34. The company has a quick ratio of 2.26, a current ratio of 3.10 and a debt-to-equity ratio of 1.48. Medical Properties Trust, Inc. has a 12 month low of $2.92 and a 12 month high of $10.74.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 annualized dividend and a yield of 11.90%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

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.