SVB Wealth LLC Sells 29,564 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

SVB Wealth LLC lowered its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 68.0% during the fourth quarter, HoldingsChannel reports. The firm owned 13,907 shares of the real estate investment trust’s stock after selling 29,564 shares during the quarter. SVB Wealth LLC’s holdings in Medical Properties Trust were worth $68,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MPW. AE Wealth Management LLC raised its stake in shares of Medical Properties Trust by 5.2% during the 3rd quarter. AE Wealth Management LLC now owns 329,303 shares of the real estate investment trust’s stock worth $1,795,000 after purchasing an additional 16,163 shares in the last quarter. Cedar Brook Financial Partners LLC bought a new stake in shares of Medical Properties Trust during the 3rd quarter worth approximately $72,000. Riverview Trust Co raised its stake in shares of Medical Properties Trust by 313.8% during the 3rd quarter. Riverview Trust Co now owns 9,128 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 6,922 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Medical Properties Trust by 369.0% during the 3rd quarter. Private Trust Co. NA now owns 15,987 shares of the real estate investment trust’s stock worth $87,000 after acquiring an additional 12,578 shares during the last quarter. Finally, Demars Financial Group LLC increased its holdings in shares of Medical Properties Trust by 329.6% during the 3rd quarter. Demars Financial Group LLC now owns 502,529 shares of the real estate investment trust’s stock worth $2,739,000 after acquiring an additional 385,555 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Wall Street Analyst Weigh In

MPW has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their target price for the stock from $2.00 to $5.00 in a report on Wednesday, April 17th. StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. KeyCorp reissued a “sector weight” rating on shares of Medical Properties Trust in a report on Friday, January 5th. Mizuho decreased their target price on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. Finally, Colliers Securities lowered Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.75.

Medical Properties Trust Stock Performance

Shares of NYSE MPW opened at $4.64 on Wednesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. The stock’s fifty day moving average price is $4.22 and its two-hundred day moving average price is $4.35. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $10.74. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of -4.94, a P/E/G ratio of 1.34 and a beta of 1.20.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 12.93%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -63.83%.

Medical Properties Trust 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 hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.