Allspring Global Investments Holdings LLC Has $153,000 Position in Medical Properties Trust, Inc. (NYSE:MPW)

Allspring Global Investments Holdings LLC cut its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 44.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 31,101 shares of the real estate investment trust’s stock after selling 24,867 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Medical Properties Trust were worth $153,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of MPW. Lasalle Investment Management Securities LLC raised its holdings in shares of Medical Properties Trust by 49.6% during the third quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock worth $27,609,000 after acquiring an additional 1,680,200 shares during the period. Teachers Retirement System of The State of Kentucky increased its holdings in Medical Properties Trust by 93.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 204,807 shares of the real estate investment trust’s stock worth $1,117,000 after purchasing an additional 98,807 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in shares of Medical Properties Trust in the 4th quarter valued at about $109,000. Caxton Associates LP acquired a new position in shares of Medical Properties Trust during the third quarter worth about $2,628,000. Finally, Wolverine Asset Management LLC grew its holdings in shares of Medical Properties Trust by 284.5% during the third quarter. Wolverine Asset Management LLC now owns 195,112 shares of the real estate investment trust’s stock worth $1,063,000 after buying an additional 144,370 shares in the last quarter. 71.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on MPW shares. Mizuho cut their target price on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 3rd. Royal Bank of Canada reduced their target price on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a report on Tuesday, February 20th. Truist Financial lifted their price target on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research note on Monday, April 8th. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Finally, Colliers Securities cut Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their price objective for the company 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 assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.75.

Medical Properties Trust Price Performance

NYSE:MPW opened at $4.51 on Monday. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. Medical Properties Trust, Inc. has a 12-month low of $2.92 and a 12-month high of $10.74. The stock’s 50 day moving average price is $4.29 and its two-hundred day moving average price is $4.33. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of -4.80, a P/E/G ratio of 1.36 and a beta of 1.20.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders 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 yield of 13.30%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust’s dividend payout ratio is -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.