Victory Capital Management Inc. Has $410,000 Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Victory Capital Management Inc. cut its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 49.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 103,760 shares of the real estate investment trust’s stock after selling 102,920 shares during the quarter. Victory Capital Management Inc.’s holdings in Medical Properties Trust were worth $410,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC bought a new position in shares of Medical Properties Trust in the third quarter valued at approximately $31,000. Allworth Financial LP raised its position in shares of Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 4,241 shares during the period. Verus Capital Partners LLC bought a new position in shares of Medical Properties Trust in the fourth quarter valued at approximately $40,000. RFG Advisory LLC bought a new position in shares of Medical Properties Trust in the fourth quarter valued at approximately $40,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Medical Properties Trust in the third quarter valued at approximately $61,000. Institutional investors own 71.79% of the company’s stock.

Insiders Place Their Bets

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the sale, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Trading Up 0.9 %

Shares of MPW stock opened at $6.00 on Friday. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The firm’s fifty day simple moving average is $5.04 and its 200 day simple moving average is $4.79. The firm has a market capitalization of $3.60 billion, a P/E ratio of -1.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 5.34%. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

Analysts Set New Price Targets

A number of research firms have recently commented on MPW. Royal Bank of Canada lifted their price target 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. Truist Financial dropped their price target on shares of 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. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Mizuho dropped their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Finally, StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $5.64.

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.