Xponance Inc. Trims Position in Medical Properties Trust, Inc. (NYSE:MPW)

Xponance Inc. lowered its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 18.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,108 shares of the real estate investment trust’s stock after selling 6,813 shares during the period. Xponance Inc.’s holdings in Medical Properties Trust were worth $123,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Advisors Asset Management Inc. increased its stake in shares of Medical Properties Trust by 9.2% during the 4th quarter. Advisors Asset Management Inc. now owns 1,493,176 shares of the real estate investment trust’s stock valued at $5,898,000 after acquiring an additional 125,919 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Medical Properties Trust by 0.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 475,277 shares of the real estate investment trust’s stock worth $1,877,000 after purchasing an additional 4,058 shares during the last quarter. RS Crum Inc. purchased a new position in Medical Properties Trust during the fourth quarter worth approximately $40,000. Frank Rimerman Advisors LLC boosted its holdings in shares of Medical Properties Trust by 63.8% in the 4th quarter. Frank Rimerman Advisors LLC now owns 18,148 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 7,070 shares during the last quarter. Finally, Wealthfront Advisers LLC purchased a new stake in shares of Medical Properties Trust during the 4th quarter valued at $225,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MPW. Truist Financial lowered their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Mizuho decreased their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Thursday, December 5th. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Wells Fargo & Company increased their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Finally, Royal Bank of Canada lifted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, March 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $5.64.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $6.04 on Friday. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The stock has a market cap of $3.62 billion, a P/E ratio of -1.43, a PEG ratio of 1.01 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The firm has a 50-day moving average of $5.25 and a two-hundred day moving average of $4.84.

Medical Properties Trust Announces Dividend

The firm also recently disclosed 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 5.30%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

Medical Properties Trust 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.