Invesco Ltd. Lowers Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Invesco Ltd. lowered its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 23.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,181,719 shares of the real estate investment trust's stock after selling 660,500 shares during the quarter. Invesco Ltd. owned about 0.36% of Medical Properties Trust worth $8,618,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MPW. Allworth Financial LP lifted its stake in shares of Medical Properties Trust by 230.4% in the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 4,241 shares during the last quarter. RFG Advisory LLC acquired a new stake in Medical Properties Trust during the fourth quarter worth approximately $40,000. Silver Oak Securities Incorporated bought a new stake in Medical Properties Trust in the 4th quarter valued at about $40,000. Verus Capital Partners LLC acquired a new position in shares of Medical Properties Trust during the fourth quarter worth approximately $40,000. Finally, RS Crum Inc. purchased a new position in Medical Properties Trust during the fourth quarter worth about $40,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MPW shares. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Wells Fargo & Company increased their price target on Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a research note on Monday, March 10th. StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. Finally, Royal Bank of Canada increased their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a research report on Monday, March 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $5.75.

Medical Properties Trust Price Performance

Shares of MPW stock traded down $0.04 during trading hours on Friday, reaching $5.42. The stock had a trading volume of 5,258,257 shares, compared to its average volume of 13,094,811. The stock's fifty day simple moving average is $5.57 and its 200 day simple moving average is $4.79. The firm has a market capitalization of $3.29 billion, a PE ratio of -1.28, a PEG ratio of 1.01 and a beta of 1.27. Medical Properties Trust, Inc. has a 12 month low of $3.51 and a 12 month high of $6.55. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were given a dividend of $0.08 per share. The ex-dividend date was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.90%. Medical Properties Trust's dividend payout ratio (DPR) is currently -8.42%.

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.