Raymond James & Associates Sells 103,994 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Raymond James & Associates lowered its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 23.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 343,212 shares of the real estate investment trust’s stock after selling 103,994 shares during the quarter. Raymond James & Associates’ holdings in Medical Properties Trust were worth $1,685,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Cetera Investment Advisers grew its stake in Medical Properties Trust by 1.4% in the 1st quarter. Cetera Investment Advisers now owns 84,116 shares of the real estate investment trust’s stock valued at $1,778,000 after buying an additional 1,164 shares during the last quarter. Guardian Wealth Management Inc. grew its position in Medical Properties Trust by 2.3% in the 1st quarter. Guardian Wealth Management Inc. now owns 57,304 shares of the real estate investment trust’s stock worth $1,211,000 after purchasing an additional 1,269 shares during the last quarter. CreativeOne Wealth LLC grew its position in Medical Properties Trust by 9.2% in the 2nd quarter. CreativeOne Wealth LLC now owns 18,184 shares of the real estate investment trust’s stock worth $168,000 after purchasing an additional 1,534 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Medical Properties Trust by 43.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,402 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,649 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV grew its position in Medical Properties Trust by 1.3% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 130,923 shares of the real estate investment trust’s stock worth $1,458,000 after purchasing an additional 1,684 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Analyst Ratings Changes

MPW has been the topic of several research analyst reports. KeyCorp restated a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and lifted their target price for the company from $2.00 to $5.00 in a research report on Wednesday. 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 research report on Friday, March 1st. Royal Bank of Canada decreased 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. Finally, Truist Financial lifted their target price on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research report on Monday, April 8th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus price target of $5.75.

Medical Properties Trust Trading Up 5.0 %

Shares of NYSE MPW opened at $5.01 on Friday. The company has a 50-day moving average of $4.18 and a two-hundred day moving average of $4.37. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. The company has a market cap of $3.00 billion, a PE ratio of -5.33, a P/E/G ratio of 1.37 and a beta of 1.20. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.32.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.60 annualized dividend and a yield of 11.98%. 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.