Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lessened its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 25.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,260 shares of the real estate investment trust’s stock after selling 11,537 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Medical Properties Trust were worth $135,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of MPW. Allworth Financial LP boosted its position in Medical Properties Trust by 230.4% during the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 4,241 shares during the last quarter. Truvestments Capital LLC purchased a new position in Medical Properties Trust in the 3rd quarter worth approximately $31,000. RFG Advisory LLC acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $40,000. Silver Oak Securities Incorporated purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $40,000. Finally, Verus Capital Partners LLC acquired a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $40,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Truist Financial dropped their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. Mizuho dropped their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th. Finally, Wells Fargo & Company lifted their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.64.

Medical Properties Trust Stock Up 1.2 %

NYSE:MPW opened at $6.21 on Friday. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The stock’s fifty day moving average is $5.21 and its two-hundred day moving average is $4.83. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of -1.47, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -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.