Thrivent Financial for Lutherans Has $1.88 Million Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Thrivent Financial for Lutherans boosted its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 475,277 shares of the real estate investment trust’s stock after acquiring an additional 4,058 shares during the period. Thrivent Financial for Lutherans owned 0.08% of Medical Properties Trust worth $1,877,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MPW. Indie Asset Partners LLC increased its stake in shares of Medical Properties Trust by 16.7% in the fourth quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 2,204 shares during the period. Atria Wealth Solutions Inc. boosted 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 acquiring an additional 2,948 shares during the period. Vanderbilt University increased its position in Medical Properties Trust by 7.5% during the fourth quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 3,117 shares during the period. CIBC Asset Management Inc raised its stake 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 valued at $237,000 after purchasing an additional 3,266 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in Medical Properties Trust by 23.0% in the 4th quarter. Concurrent Investment Advisors LLC now owns 17,606 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 3,294 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 2.8 %

Shares of NYSE MPW opened at $6.04 on Friday. 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 company has a market cap of $3.62 billion, a price-to-earnings ratio of -1.43, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. The firm’s 50-day simple moving average is $5.25 and its 200 day simple moving average is $4.84.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 5.30%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -8.42%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Mizuho dropped their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. 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 Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. Finally, Wells Fargo & Company upped their price target on 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 investment analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and an average price target of $5.64.

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.