Victory Capital Management Inc. Has $410,000 Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Victory Capital Management Inc. lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 49.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,760 shares of the real estate investment trust's stock after selling 102,920 shares during the quarter. Victory Capital Management Inc.'s holdings in Medical Properties Trust were worth $410,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Commerzbank Aktiengesellschaft FI increased its position in shares of Medical Properties Trust by 49.1% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 137,150 shares of the real estate investment trust's stock worth $511,000 after purchasing an additional 45,163 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Medical Properties Trust by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust's stock worth $34,912,000 after buying an additional 118,577 shares during the last quarter. Jones Financial Companies Lllp raised its position in Medical Properties Trust by 71.2% during the fourth quarter. Jones Financial Companies Lllp now owns 45,112 shares of the real estate investment trust's stock worth $178,000 after acquiring an additional 18,754 shares in the last quarter. Metis Global Partners LLC lifted its stake in Medical Properties Trust by 11.4% in the fourth quarter. Metis Global Partners LLC now owns 68,825 shares of the real estate investment trust's stock valued at $272,000 after acquiring an additional 7,034 shares during the last quarter. Finally, Verus Capital Partners LLC bought a new position in shares of Medical Properties Trust in the 4th quarter valued at about $40,000. Institutional investors own 71.79% of the company's stock.

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Insider Buying and Selling

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the transaction, the chief accounting officer now directly owns 366,913 shares of the company's stock, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.53% of the stock is currently owned by insiders.

Medical Properties Trust Trading Down 0.9 %

Shares of MPW stock traded down $0.06 during mid-day trading on Wednesday, reaching $6.11. 7,531,823 shares of the stock traded hands, compared to its average volume of 13,558,066. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. 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 $3.67 billion, a price-to-earnings ratio of -1.45, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The stock's fifty day simple moving average is $5.13 and its two-hundred day simple moving average is $4.81.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be issued 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 dividend yield of 5.23%. Medical Properties Trust's dividend payout ratio (DPR) is presently -8.42%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MPW shares. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and raised their target price for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Royal Bank of Canada lifted their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a research note on Monday, March 10th. Wells Fargo & Company increased their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a report on Monday, March 10th. Mizuho reduced their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a research report on Thursday, December 5th. Finally, Truist Financial dropped their price objective on Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating for the company in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $5.64.

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.