Zacks Investment Management Has $42,000 Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Zacks Investment Management lowered its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 40.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,573 shares of the real estate investment trust’s stock after selling 7,134 shares during the period. Zacks Investment Management’s holdings in Medical Properties Trust were worth $42,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Indie Asset Partners LLC increased its holdings in shares of Medical Properties Trust by 16.7% in the fourth quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 2,204 shares in the last quarter. Sei Investments Co. increased its stake in shares of Medical Properties Trust by 6.6% in the 4th quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock valued at $155,000 after buying an additional 2,438 shares during the period. Atria Wealth Solutions Inc. raised its position in shares of Medical Properties Trust by 2.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust’s stock worth $440,000 after acquiring an additional 2,948 shares during the last quarter. Vanderbilt University lifted its stake in shares of Medical Properties Trust by 7.5% during the fourth quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock valued at $177,000 after acquiring an additional 3,117 shares during the period. Finally, CIBC Asset Management Inc boosted its holdings in Medical Properties Trust by 5.8% in the fourth quarter. CIBC Asset Management Inc now owns 60,065 shares of the real estate investment trust’s stock valued at $237,000 after acquiring an additional 3,266 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

MPW opened at $5.45 on Monday. The company has a fifty day simple moving average of $5.52 and a 200 day simple moving average of $4.79. 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 stock has a market cap of $3.27 billion, a P/E ratio of -1.29, a P/E/G ratio of 1.01 and a beta of 1.27. Medical Properties Trust, Inc. has a 12 month low of $3.51 and a 12 month high of $6.55.

Medical Properties Trust Announces Dividend

The firm 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 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend was Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Royal Bank of Canada lifted 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. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Wells Fargo & Company increased their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Finally, BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Medical Properties Trust has an average rating of “Hold” and an average price target of $5.75.

Medical Properties Trust Company 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.