Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Sigma Planning Corp

Sigma Planning Corp decreased its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 55.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,940 shares of the real estate investment trust’s stock after selling 19,502 shares during the quarter. Sigma Planning Corp’s holdings in Medical Properties Trust were worth $78,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of MPW. Handelsbanken Fonder AB raised its holdings in Medical Properties Trust by 24.2% in the 4th quarter. Handelsbanken Fonder AB now owns 123,852 shares of the real estate investment trust’s stock valued at $608,000 after acquiring an additional 24,100 shares during the last quarter. CWM LLC lifted its position in Medical Properties Trust by 23.0% during the fourth quarter. CWM LLC now owns 21,323 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 3,993 shares in the last quarter. Signaturefd LLC boosted its stake in Medical Properties Trust by 525.6% during the fourth quarter. Signaturefd LLC now owns 59,476 shares of the real estate investment trust’s stock worth $292,000 after buying an additional 49,969 shares during the last quarter. Verdence Capital Advisors LLC acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth $81,000. Finally, abrdn plc raised its holdings in shares of Medical Properties Trust by 321.0% during the 4th quarter. abrdn plc now owns 527,138 shares of the real estate investment trust’s stock worth $2,588,000 after acquiring an additional 401,920 shares during the period. 71.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on MPW shares. BNP Paribas raised 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 note on Friday, March 1st. KeyCorp reissued a “sector weight” rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Mizuho decreased their price target 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 cut their price objective on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Finally, StockNews.com cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Trading Up 6.0 %

NYSE MPW opened at $4.78 on Tuesday. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $10.74. The firm has a 50 day simple moving average of $4.31 and a 200-day simple moving average of $4.33. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of -5.09, a PEG ratio of 1.36 and a beta of 1.20. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26.

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 paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 12.55%. Medical Properties Trust’s dividend payout ratio (DPR) 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.