Cerity Partners LLC Trims Position in Medical Properties Trust, Inc. (NYSE:MPW)

Cerity Partners LLC decreased its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 20.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,270 shares of the real estate investment trust’s stock after selling 23,301 shares during the quarter. Cerity Partners LLC’s holdings in Medical Properties Trust were worth $353,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Wedbush Securities Inc. boosted its stake in shares of Medical Properties Trust by 57.1% during the 4th quarter. Wedbush Securities Inc. now owns 40,187 shares of the real estate investment trust’s stock valued at $159,000 after purchasing an additional 14,604 shares in the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in Medical Properties Trust in the fourth quarter worth about $894,000. Geode Capital Management LLC boosted its position in Medical Properties Trust by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 10,742,446 shares of the real estate investment trust’s stock valued at $42,446,000 after acquiring an additional 58,828 shares in the last quarter. RiverFront Investment Group LLC purchased a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $48,000. Finally, Nomura Asset Management Co. Ltd. raised its position in shares of Medical Properties Trust by 5.5% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 813,500 shares of the real estate investment trust’s stock worth $3,213,000 after acquiring an additional 42,500 shares in the last quarter. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Trading Down 0.2 %

NYSE:MPW opened at $5.20 on Wednesday. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of -1.23, a PEG ratio of 1.01 and a beta of 1.27. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The company’s 50 day moving average price is $5.53 and its 200-day moving average price is $4.78. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 10th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date was Monday, March 10th. Medical Properties Trust’s payout ratio is -8.42%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Royal Bank of Canada lifted their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research report on Monday, March 10th. Wells Fargo & Company increased their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. Finally, StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $5.75.

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.