Russell Investments Group Ltd. Has $6.14 Million Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Russell Investments Group Ltd. lessened its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 40.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,245,781 shares of the real estate investment trust’s stock after selling 849,035 shares during the period. Russell Investments Group Ltd. owned 0.21% of Medical Properties Trust worth $6,138,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Tucker Asset Management LLC boosted its position in shares of Medical Properties Trust by 2,447.6% in the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 7,661 shares during the period. Cetera Trust Company N.A bought a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $43,000. Checchi Capital Advisers LLC bought a new stake in shares of Medical Properties Trust in the third quarter valued at approximately $56,000. Integrated Advisors Network LLC bought a new stake in shares of Medical Properties Trust in the third quarter valued at approximately $56,000. Finally, Greenwich Wealth Management LLC bought a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $56,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Royal Bank of Canada reduced their price objective on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and raised their target price for the stock from $2.00 to $5.00 in a research report on Wednesday, April 17th. Truist Financial raised their target price on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research report on Monday, April 8th. StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Finally, BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a research report on Friday, March 1st. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $5.75.

Medical Properties Trust Stock Performance

Shares of NYSE:MPW opened at $4.47 on Thursday. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $10.74. The firm has a market cap of $2.68 billion, a PE ratio of -4.76, a price-to-earnings-growth ratio of 0.55 and a beta of 1.19. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26. The business has a fifty day moving average of $4.41 and a 200-day moving average of $4.32.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.42%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -63.83%.

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.