Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC reduced its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 17.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 32,460 shares of the real estate investment trust’s stock after selling 6,908 shares during the quarter. Quadrant Capital Group LLC’s holdings in Medical Properties Trust were worth $128,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of MPW. Allworth Financial LP lifted its holdings in shares of Medical Properties Trust by 230.4% during the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 4,241 shares during the period. RFG Advisory LLC acquired a new stake in Medical Properties Trust in the fourth quarter valued at approximately $40,000. Silver Oak Securities Incorporated acquired a new stake in Medical Properties Trust in the fourth quarter valued at approximately $40,000. Verus Capital Partners LLC acquired a new stake in shares of Medical Properties Trust during the fourth quarter worth approximately $40,000. Finally, RS Crum Inc. bought a new stake in Medical Properties Trust in the fourth quarter valued at $40,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Medical Properties Trust Stock Performance

Shares of MPW opened at $5.35 on Thursday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The stock has a 50 day moving average price of $5.44 and a two-hundred day moving average price of $4.82. The firm has a market capitalization of $3.21 billion, a P/E ratio of -1.27, a P/E/G ratio of 1.01 and a beta of 1.27. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

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.