Modern Wealth Management LLC Sells 11,363 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Modern Wealth Management LLC lessened its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 22.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,002 shares of the real estate investment trust’s stock after selling 11,363 shares during the quarter. Modern Wealth Management LLC’s holdings in Medical Properties Trust were worth $154,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Indie Asset Partners LLC boosted its holdings in Medical Properties Trust by 16.7% in the 4th quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 2,204 shares during the period. Sei Investments Co. boosted its holdings in shares of Medical Properties Trust by 6.6% in the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock worth $155,000 after acquiring an additional 2,438 shares during the period. Atria Wealth Solutions Inc. grew its position in shares of Medical Properties Trust by 2.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust’s stock valued at $440,000 after purchasing an additional 2,948 shares in the last quarter. Vanderbilt University raised its stake in shares of Medical Properties Trust by 7.5% during the 4th quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 3,117 shares during the period. Finally, CIBC Asset Management Inc lifted its holdings in Medical Properties Trust by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 60,065 shares of the real estate investment trust’s stock worth $237,000 after purchasing an additional 3,266 shares in the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on MPW shares. Royal Bank of Canada raised their price objective on shares of 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. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Truist Financial lowered their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. Mizuho reduced their target price on 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. Finally, StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $5.64.

Medical Properties Trust Trading Down 2.8 %

Shares of MPW stock opened at $6.04 on Friday. The business has a 50-day moving average price of $5.25 and a two-hundred day moving average price of $4.84. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. 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 firm has a market cap of $3.62 billion, a P/E ratio of -1.43, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

The company 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 $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 5.30%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

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.