MONECO Advisors LLC Decreases Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

MONECO Advisors LLC lessened its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 11.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,238 shares of the real estate investment trust’s stock after selling 2,424 shares during the quarter. MONECO Advisors LLC’s holdings in Medical Properties Trust were worth $90,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MPW. Tucker Asset Management LLC raised its holdings in Medical Properties Trust by 2,447.6% during the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 7,661 shares during the period. Cetera Trust Company N.A purchased a new stake in Medical Properties Trust during the 4th quarter valued at $43,000. Cary Street Partners Investment Advisory LLC raised its holdings in Medical Properties Trust by 861.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 8,615 shares during the period. Ieq Capital LLC purchased a new stake in Medical Properties Trust during the 4th quarter valued at $50,000. Finally, Principal Securities Inc. bought a new position in Medical Properties Trust in the 4th quarter valued at $50,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Trading Down 0.8 %

Shares of MPW stock opened at $4.81 on Tuesday. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. The stock’s 50-day moving average is $4.88 and its 200 day moving average is $4.39. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 12.47%. The ex-dividend date of this dividend is Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a research report on Tuesday, May 14th. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price target for the stock from $2.00 to $5.00 in a research report on Wednesday, April 17th. StockNews.com downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Colliers Securities downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $10.00 to $4.25 in a research report on Wednesday, April 10th. Finally, Truist Financial increased their price target on Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a research report on Thursday, May 30th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $5.80.

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.