Geneos Wealth Management Inc. Sells 38,790 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Geneos Wealth Management Inc. lowered its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 82.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,459 shares of the real estate investment trust’s stock after selling 38,790 shares during the period. Geneos Wealth Management Inc.’s holdings in Medical Properties Trust were worth $42,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. State Street Corp lifted its position in shares of 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 worth $774,593,000 after purchasing an additional 3,800,294 shares in the last quarter. Deutsche Bank AG lifted its position 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 worth $21,536,000 after purchasing an additional 3,548,423 shares in the last quarter. Norges Bank bought a new stake in shares of Medical Properties Trust in the fourth quarter worth $34,612,000. Man Group plc bought a new stake in shares of Medical Properties Trust in the fourth quarter worth $32,630,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of Medical Properties Trust by 175.3% in the second quarter. Goldman Sachs Group Inc. now owns 3,850,463 shares of the real estate investment trust’s stock worth $58,797,000 after purchasing an additional 2,451,617 shares in the last quarter. Institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Medical Properties Trust in a research report on Tuesday, January 30th. They issued a “sell” rating and a $2.00 price objective on the stock. Mizuho cut their price objective on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 3rd. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a report on Friday, March 1st. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Finally, Colliers Securities downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Six research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.48.

Medical Properties Trust Price Performance

NYSE:MPW opened at $4.62 on Wednesday. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $10.74. The company has a market cap of $2.77 billion, a P/E ratio of -4.91, a P/E/G ratio of 1.18 and a beta of 1.20. The firm’s fifty day moving average price is $4.11 and its two-hundred day moving average price is $4.36. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be issued a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 12.99%. Medical Properties Trust’s dividend payout ratio is currently -63.83%.

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.