Alliancebernstein L.P. Sells 152,948 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Alliancebernstein L.P. lessened its stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 31.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 337,320 shares of the real estate investment trust's stock after selling 152,948 shares during the period. Alliancebernstein L.P. owned about 0.06% of Medical Properties Trust worth $1,332,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Allworth Financial LP grew its stake in Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock valued at $26,000 after purchasing an additional 4,241 shares in the last quarter. Verus Capital Partners LLC bought a new position in Medical Properties Trust in the fourth quarter valued at approximately $40,000. RS Crum Inc. bought a new position in Medical Properties Trust in the fourth quarter valued at approximately $40,000. RFG Advisory LLC bought a new position in Medical Properties Trust in the fourth quarter valued at approximately $40,000. Finally, Y Intercept Hong Kong Ltd bought a new position in Medical Properties Trust in the third quarter valued at approximately $61,000. Institutional investors own 71.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on MPW. StockNews.com raised Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. BNP Paribas upgraded 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. Royal Bank of Canada raised their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a research note on Monday, March 10th. Finally, Wells Fargo & Company increased their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $5.75.

Medical Properties Trust Price Performance

NYSE:MPW traded up $0.12 during trading hours on Thursday, hitting $5.45. The stock had a trading volume of 1,626,398 shares, compared to its average volume of 13,074,118. The company has a 50 day simple moving average of $5.54 and a two-hundred day simple moving average of $4.79. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of -1.29, a P/E/G ratio of 1.01 and a beta of 1.27.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date was Monday, March 10th. Medical Properties Trust's dividend payout ratio 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.