Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 24.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 763,469 shares of the real estate investment trust's stock after selling 245,137 shares during the quarter. LPL Financial LLC owned 0.13% of Medical Properties Trust worth $3,016,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. KLP Kapitalforvaltning AS bought a new position in Medical Properties Trust during the fourth quarter valued at approximately $487,000. Sei Investments Co. raised its stake in Medical Properties Trust by 6.6% during the 4th quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust's stock valued at $155,000 after buying an additional 2,438 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Medical Properties Trust by 38.6% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 321,571 shares of the real estate investment trust's stock valued at $1,270,000 after buying an additional 89,487 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of Medical Properties Trust by 9.2% in the 4th quarter. Advisors Asset Management Inc. now owns 1,493,176 shares of the real estate investment trust's stock worth $5,898,000 after buying an additional 125,919 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Medical Properties Trust by 0.9% in 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 acquiring an additional 4,058 shares during the period. Hedge funds and other institutional investors own 71.79% of the company's stock.

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Medical Properties Trust Stock Performance

Shares of NYSE MPW traded up $0.08 during midday trading on Tuesday, reaching $5.44. The company had a trading volume of 9,332,633 shares, compared to its average volume of 13,417,835. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The business's 50-day simple moving average is $5.47 and its 200 day simple moving average is $4.79. 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 $3.26 billion, a P/E ratio of -1.29, a P/E/G ratio of 1.01 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Monday, March 10th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 5.89%. The ex-dividend date was Monday, March 10th. Medical Properties Trust's dividend payout ratio is currently -8.42%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on MPW shares. Truist Financial reduced their price target on shares of 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. Royal Bank of Canada boosted their price objective 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. Wells Fargo & Company raised their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. BNP Paribas raised Medical Properties Trust from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. Finally, StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $5.64.

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.