Medical Properties Trust, Inc. (MPW:NYE) saw a significant increase in holdings by Shufro Rose & Co. LLC during the fourth quarter, as per its recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased an additional 16,500 shares of the MPW stock, increasing its position by 60.9%, bringing the total to 43,600 shares worth $486,000.
Other hedge funds, including Marshall Wace LLP, State Street Corp, Bank of New York Mellon Corp, Heitman Real Estate Securities LLC, and Goldman Sachs Group Inc., also made changes to their holdings in Medical Properties Trust recently.
MPW Stock Price Analysis:
Analysts have set a new price target for the stock, and a consensus target price of $14.00 has been set.
MPW stock shares opened at $8.16 on Tuesday, down 0.7%. The company recently announced a quarterly dividend of $0.29, to be paid on April 13th to investors of record on March 16th, with a dividend yield of 14.22%.
Medical Properties Trust has a market cap of $4.88 billion, a price-to-earnings ratio of 5.44, and a beta of 0.95, with a 52 week low of $7.10 and a 52 week high of $21.54.
Company 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 hospitals with 431 facilities and roughly 43,000 licensed beds in nine countries and across four continents on a pro forma basis.
MPT’s financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
