Quantbot Technologies LP Lowers Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Quantbot Technologies LP cut its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 31.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 305,772 shares of the real estate investment trust’s stock after selling 142,250 shares during the period. Quantbot Technologies LP’s holdings in Medical Properties Trust were worth $1,208,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Medical Properties Trust by 38.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 321,571 shares of the real estate investment trust’s stock worth $1,270,000 after acquiring an additional 89,487 shares during the period. Advisors Asset Management Inc. grew its stake in Medical Properties Trust by 9.2% during the 4th quarter. Advisors Asset Management Inc. now owns 1,493,176 shares of the real estate investment trust’s stock worth $5,898,000 after purchasing an additional 125,919 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in Medical Properties Trust by 0.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 475,277 shares of the real estate investment trust’s stock worth $1,877,000 after purchasing an additional 4,058 shares during the period. RS Crum Inc. acquired a new stake in Medical Properties Trust in the 4th quarter valued at about $40,000. Finally, Frank Rimerman Advisors LLC boosted its stake in shares of Medical Properties Trust by 63.8% in the 4th quarter. Frank Rimerman Advisors LLC now owns 18,148 shares of the real estate investment trust’s stock valued at $72,000 after buying an additional 7,070 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Insider Buying and Selling

In other news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the sale, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.53% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. Wells Fargo & Company increased their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Mizuho reduced their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. Royal Bank of Canada boosted their target price on shares of 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. Finally, Truist Financial cut their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. One research 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’s stock. Based on data from MarketBeat.com, Medical Properties Trust presently has an average rating of “Hold” and a consensus target price of $5.64.

Medical Properties Trust Price Performance

Shares of MPW opened at $6.18 on Wednesday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The stock has a market cap of $3.71 billion, a PE ratio of -1.46, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The firm has a fifty day moving average price of $5.08 and a 200 day moving average price of $4.80.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be given a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.18%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -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.