Guggenheim Capital LLC Cuts Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Guggenheim Capital LLC trimmed its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 74.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,104 shares of the real estate investment trust’s stock after selling 29,772 shares during the period. Guggenheim Capital LLC’s holdings in Medical Properties Trust were worth $40,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MPW. APG Asset Management US Inc. purchased a new position in Medical Properties Trust during the fourth quarter valued at $5,209,000. SG Americas Securities LLC grew its stake in Medical Properties Trust by 435.5% during the fourth quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust’s stock valued at $3,649,000 after acquiring an additional 751,256 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Medical Properties Trust during the fourth quarter valued at $2,114,000. Wilsey Asset Management Inc. lifted its position in Medical Properties Trust by 8.5% during the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock valued at $18,379,000 after purchasing an additional 362,582 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after purchasing an additional 303,628 shares during the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Trading Down 0.2 %

Shares of MPW opened at $5.49 on Wednesday. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of -1.30, a PEG ratio of 1.01 and a beta of 1.27. The company has a 50-day moving average of $5.59 and a 200 day moving average of $4.79.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 10th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 5.83%. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

Analysts Set New Price Targets

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

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.