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

Victory Capital Management Inc. lessened its position in Medical Properties Trust, Inc. (NYSE:MPW) by 49.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 103,760 shares of the real estate investment trust’s stock after selling 102,920 shares during the period. Victory Capital Management Inc.’s holdings in Medical Properties Trust were worth $410,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP boosted 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 purchasing an additional 4,241 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Medical Properties Trust in the 3rd quarter valued at $31,000. RFG Advisory LLC acquired a new stake in shares of Medical Properties Trust in the 4th quarter valued at $40,000. Silver Oak Securities Incorporated acquired a new stake in shares of Medical Properties Trust in the 4th quarter valued at $40,000. Finally, Verus Capital Partners LLC acquired a new stake in shares of Medical Properties Trust in the 4th quarter valued at $40,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

Shares of NYSE:MPW opened at $6.00 on Friday. The stock has a market capitalization of $3.60 billion, a P/E ratio of -1.42, a P/E/G ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year 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. The business has a 50-day moving average price of $5.04 and a two-hundred day moving average price of $4.79.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders 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 annualized dividend and a yield of 5.34%. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Royal Bank of Canada upped their price target 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. Wells Fargo & Company upped their price target 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. Truist Financial reduced their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. Finally, BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Medical Properties Trust has an average rating of “Hold” and a consensus target price of $5.64.

Insiders Place Their Bets

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the business’s 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 completion of the sale, 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 document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.53% of the company’s stock.

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.