LPL Financial LLC Decreases Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

LPL Financial LLC reduced its position in Medical Properties Trust, Inc. (NYSE:MPW) by 24.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 763,469 shares of the real estate investment trust’s stock after selling 245,137 shares during the period. LPL Financial LLC’s holdings in Medical Properties Trust were worth $3,016,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MPW. Integrated Wealth Concepts LLC raised its position in shares of Medical Properties Trust by 31.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 21,404 shares of the real estate investment trust’s stock valued at $125,000 after purchasing an additional 5,099 shares during the last quarter. Quantinno Capital Management LP increased its stake in Medical Properties Trust by 35.2% during the 3rd quarter. Quantinno Capital Management LP now owns 31,992 shares of the real estate investment trust’s stock valued at $187,000 after purchasing an additional 8,338 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Medical Properties Trust during the 3rd quarter valued at approximately $61,000. Nomura Asset Management Co. Ltd. raised its holdings in shares of Medical Properties Trust by 1.1% in the third quarter. Nomura Asset Management Co. Ltd. now owns 771,000 shares of the real estate investment trust’s stock worth $4,510,000 after buying an additional 8,300 shares during the last quarter. Finally, M&T Bank Corp lifted its stake in shares of Medical Properties Trust by 15.5% during the third quarter. M&T Bank Corp now owns 332,921 shares of the real estate investment trust’s stock worth $1,948,000 after buying an additional 44,597 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Trading Up 2.0 %

Medical Properties Trust stock opened at $5.28 on Friday. The firm has a market cap of $3.17 billion, a PE ratio of -1.25, 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. The stock’s 50 day simple moving average is $5.46 and its two-hundred day simple moving average is $4.81. 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 company also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Monday, March 10th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date was Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on MPW shares. Royal Bank of Canada raised their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research note on Monday, March 10th. Truist Financial reduced their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, December 19th. Wells Fargo & Company upped their target price on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” 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 research report on Monday, March 3rd. Finally, BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $5.00 to $9.00 in a report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, Medical Properties Trust has an average rating of “Hold” and an average price target of $5.64.

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.