Kingswood Wealth Advisors LLC Has $48,000 Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Kingswood Wealth Advisors LLC trimmed its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 53.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,316 shares of the real estate investment trust’s stock after selling 11,883 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Medical Properties Trust were worth $48,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. lifted its position in shares of Medical Properties Trust by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock worth $44,476,000 after purchasing an additional 448,118 shares in the last quarter. Coatue Management LLC lifted its position in shares of Medical Properties Trust by 18.5% during the fourth quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock worth $33,420,000 after purchasing an additional 1,060,830 shares in the last quarter. Lasalle Investment Management Securities LLC lifted its position in shares of Medical Properties Trust by 6.5% during the fourth quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock worth $26,490,000 after purchasing an additional 329,224 shares in the last quarter. Norges Bank acquired a new position in shares of Medical Properties Trust during the fourth quarter worth approximately $25,655,000. Finally, Legal & General Group Plc lifted its holdings in Medical Properties Trust by 0.3% in the third quarter. Legal & General Group Plc now owns 4,852,620 shares of the real estate investment trust’s stock valued at $26,447,000 after buying an additional 13,585 shares during the period. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on MPW shares. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price objective for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Royal Bank of Canada restated a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a report on Tuesday, May 14th. Truist Financial increased their price objective on shares of Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a report on Thursday, May 30th. Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their price objective for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. Finally, StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 18th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $5.80.

Medical Properties Trust Stock Down 7.5 %

Shares of MPW stock opened at $4.31 on Friday. The firm has a fifty day moving average of $4.93 and a 200-day moving average of $4.39. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51. Medical Properties Trust, Inc. has a 12-month low of $2.92 and a 12-month high of $10.74. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of -1.94, a P/E/G ratio of 0.67 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 13.92%. The ex-dividend date of this dividend is Monday, June 10th. Medical Properties Trust’s dividend payout ratio is -27.03%.

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.