Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. reduced its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 25.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,260 shares of the real estate investment trust’s stock after selling 11,537 shares during the period. Avantax Advisory Services Inc.’s holdings in Medical Properties Trust were worth $135,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Natixis Advisors LLC boosted its stake in shares of Medical Properties Trust by 5.6% in the 3rd quarter. Natixis Advisors LLC now owns 80,028 shares of the real estate investment trust’s stock valued at $468,000 after buying an additional 4,231 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Medical Properties Trust in the third quarter worth approximately $283,000. Cerity Partners LLC grew its holdings in Medical Properties Trust by 22.8% during the 3rd quarter. Cerity Partners LLC now owns 112,571 shares of the real estate investment trust’s stock worth $659,000 after acquiring an additional 20,908 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Medical Properties Trust by 7.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 211,296 shares of the real estate investment trust’s stock valued at $1,236,000 after purchasing an additional 14,479 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Medical Properties Trust in the 3rd quarter valued at $76,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Medical Properties Trust Price Performance

Shares of NYSE MPW opened at $6.21 on Friday. The stock has a market cap of $3.73 billion, a P/E ratio of -1.47, a P/E/G ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.55. The stock has a 50 day moving average of $5.21 and a two-hundred day moving average of $4.83. 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be given a $0.08 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 5.16%. Medical Properties Trust’s dividend payout ratio (DPR) is -8.42%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Mizuho lowered 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 note on Thursday, December 5th. Truist Financial lowered their price objective on 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. StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and increased their price target for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Finally, Wells Fargo & Company boosted their price objective 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. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Hold” and an average target price 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.