Lincoln National Corp Grows Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Lincoln National Corp raised its stake in Medical Properties Trust, Inc. (NYSE:MPWFree Report) by 7.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,328 shares of the real estate investment trust’s stock after acquiring an additional 6,875 shares during the period. Lincoln National Corp’s holdings in Medical Properties Trust were worth $541,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. HighTower Advisors LLC boosted its position in shares of Medical Properties Trust by 8.2% during the first quarter. HighTower Advisors LLC now owns 83,236 shares of the real estate investment trust’s stock valued at $1,755,000 after buying an additional 6,318 shares during the last quarter. AlphaCrest Capital Management LLC boosted its position in shares of Medical Properties Trust by 147.1% during the first quarter. AlphaCrest Capital Management LLC now owns 21,434 shares of the real estate investment trust’s stock valued at $453,000 after buying an additional 12,761 shares during the last quarter. Raymond James Trust N.A. boosted its position in shares of Medical Properties Trust by 15.4% during the first quarter. Raymond James Trust N.A. now owns 37,749 shares of the real estate investment trust’s stock valued at $798,000 after buying an additional 5,046 shares during the last quarter. Cibc World Market Inc. boosted its position in shares of Medical Properties Trust by 11.3% during the first quarter. Cibc World Market Inc. now owns 38,588 shares of the real estate investment trust’s stock valued at $816,000 after buying an additional 3,922 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Medical Properties Trust by 43.9% during the first quarter. Sei Investments Co. now owns 807,982 shares of the real estate investment trust’s stock valued at $17,067,000 after buying an additional 246,411 shares during the last quarter. 76.46% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Trading Down 2.0 %

MPW opened at $3.17 on Wednesday. The business has a fifty day moving average of $4.34 and a 200 day moving average of $5.80. Medical Properties Trust, Inc. has a 52-week low of $2.92 and a 52-week high of $13.69. The company has a debt-to-equity ratio of 1.23, a quick ratio of 3.52 and a current ratio of 3.52.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 11th. Shareholders of record on Thursday, December 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 18.96%. The ex-dividend date of this dividend was Wednesday, December 6th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -857.14%.

Wall Street Analysts Forecast Growth

MPW has been the topic of several recent analyst reports. BNP Paribas began coverage on Medical Properties Trust in a research report on Wednesday, October 11th. They set a “neutral” rating and a $5.50 price objective on the stock. Stifel Nicolaus cut Medical Properties Trust from a “buy” rating to a “hold” rating and dropped their target price for the stock from $12.00 to $4.50 in a research report on Friday, November 10th. Mizuho dropped their target price on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 3rd. KeyCorp reissued a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Finally, TheStreet cut Medical Properties Trust from a “c-” rating to a “d+” rating in a research report on Thursday, October 19th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $8.00.

Check Out Our Latest Analysis on Medical Properties Trust

Medical Properties Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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