Medical Properties Trust, Inc. (NYSE:MPW) Stock Holdings Lowered by Founders Financial Alliance LLC

Founders Financial Alliance LLC reduced its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 41.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,582 shares of the real estate investment trust’s stock after selling 8,781 shares during the quarter. Founders Financial Alliance LLC’s holdings in Medical Properties Trust were worth $50,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Medical Properties Trust by 46.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 367,409 shares of the real estate investment trust’s stock valued at $1,451,000 after purchasing an additional 116,355 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Medical Properties Trust in the fourth quarter worth $2,114,000. Proficio Capital Partners LLC purchased a new stake in shares of Medical Properties Trust during the fourth quarter worth $91,000. Commerzbank Aktiengesellschaft FI grew its stake in Medical Properties Trust by 49.1% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 137,150 shares of the real estate investment trust’s stock valued at $511,000 after purchasing an additional 45,163 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Medical Properties Trust by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust’s stock valued at $34,912,000 after purchasing an additional 118,577 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Trading Down 3.2 %

Shares of NYSE:MPW opened at $5.69 on Wednesday. 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 stock’s 50-day moving average is $4.69 and its 200-day moving average is $4.70. The company has a market cap of $3.41 billion, a P/E ratio of -1.35, a P/E/G ratio of 1.01 and a beta of 1.32. 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 declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be issued 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 dividend yield of 5.63%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Royal Bank of Canada boosted their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research note on Monday. Mizuho dropped their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. Truist Financial decreased their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. Finally, Wells Fargo & Company raised their target price on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $4.93.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.53% of the stock is owned by company insiders.

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.