Commonwealth Equity Services LLC Has $657,000 Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Commonwealth Equity Services LLC cut its position in Medical Properties Trust, Inc. (NYSE:MPW) by 13.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 166,374 shares of the real estate investment trust’s stock after selling 25,103 shares during the period. Commonwealth Equity Services LLC’s holdings in Medical Properties Trust were worth $657,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in Medical Properties Trust by 230.4% during the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 4,241 shares during the last quarter. Verus Capital Partners LLC bought a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $40,000. RFG Advisory LLC purchased a new position in shares of Medical Properties Trust in the 4th quarter worth approximately $40,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Medical Properties Trust in the 3rd quarter worth approximately $61,000. Finally, Townsquare Capital LLC bought a new position in shares of Medical Properties Trust in the third quarter valued at approximately $62,000. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Down 2.3 %

NYSE:MPW opened at $5.78 on Friday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The firm has a market cap of $3.47 billion, a P/E ratio of -1.37, a P/E/G ratio of 1.01 and a beta of 1.27. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.55. The firm has a 50-day simple moving average of $5.37 and a two-hundred day simple moving average of $4.85.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 5.54%. Medical Properties Trust’s dividend payout ratio is presently -8.42%.

Wall Street Analysts Forecast Growth

MPW has been the topic of a number of research analyst reports. Truist Financial cut their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. Mizuho reduced their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. Wells Fargo & Company lifted their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. Finally, Royal Bank of Canada upped their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research note on Monday, March 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $5.64.

Medical Properties Trust 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.