Collective Family Office LLC Trims Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Collective Family Office LLC lessened its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW – Get Rating) by 60.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,275 shares of the real estate investment trust’s stock after selling 38,200 shares during the period. Collective Family Office LLC’s holdings in Medical Properties Trust were worth $282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Medical Properties Trust by 0.6% during the third quarter. Vanguard Group Inc. now owns 87,449,640 shares of the real estate investment trust’s stock worth $1,037,153,000 after purchasing an additional 550,802 shares during the last quarter. State Street Corp increased its holdings in Medical Properties Trust by 11.7% in the first quarter. State Street Corp now owns 36,158,910 shares of the real estate investment trust’s stock valued at $774,593,000 after buying an additional 3,800,294 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Medical Properties Trust by 24.5% in the third quarter. Bank of New York Mellon Corp now owns 17,071,940 shares of the real estate investment trust’s stock valued at $202,473,000 after buying an additional 3,355,195 shares in the last quarter. Centersquare Investment Management LLC increased its holdings in Medical Properties Trust by 11.1% in the third quarter. Centersquare Investment Management LLC now owns 10,715,044 shares of the real estate investment trust’s stock valued at $127,081,000 after buying an additional 1,074,541 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in Medical Properties Trust by 348.8% in the third quarter. Marshall Wace LLP now owns 7,104,051 shares of the real estate investment trust’s stock valued at $84,256,000 after buying an additional 5,521,226 shares in the last quarter. Hedge funds and other institutional investors own 80.31% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Barclays cut their price objective on shares of Medical Properties Trust from $17.00 to $14.00 and set an “overweight” rating for the company in a report on Monday, February 27th. KeyCorp cut their price objective on shares of Medical Properties Trust from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, January 19th. Raymond James dropped their target price on shares of Medical Properties Trust from $18.00 to $16.00 and set a “strong-buy” rating on the stock in a research report on Thursday, March 2nd. JPMorgan Chase & Co. dropped their target price on shares of Medical Properties Trust from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday, March 3rd. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $11.00 target price on shares of Medical Properties Trust in a research report on Tuesday, March 7th. Seven research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $14.82.

Medical Properties Trust Stock Performance

MPW opened at $7.73 on Friday. The firm has a market capitalization of $4.62 billion, a PE ratio of 5.15, a PEG ratio of 0.50 and a beta of 0.96. Medical Properties Trust, Inc. has a twelve month low of $7.60 and a twelve month high of $21.63. The firm’s 50-day moving average price is $11.71 and its 200 day moving average price is $11.97. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.19.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 13th. Investors of record on Thursday, March 16th will be given a dividend of $0.29 per share. The ex-dividend date is Wednesday, March 15th. This represents a $1.16 dividend on an annualized basis and a yield of 15.01%. Medical Properties Trust’s payout ratio is presently 77.33%.

Medical Properties Trust Company Profile

(Get Rating)

Medical Properties Trust, Inc is a self-advised real estate investment trust, engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals, long-term acute care hospitals, ambulatory surgery centers, hospitals for women and children, regional and community hospitals, medical office buildings, and other single-discipline facilities.