TrueMark Investments LLC Has $99,000 Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

TrueMark Investments LLC reduced its position in Medical Properties Trust, Inc. (NYSE:MPW) by 66.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,985 shares of the real estate investment trust’s stock after selling 50,045 shares during the period. TrueMark Investments LLC’s holdings in Medical Properties Trust were worth $99,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MPW. Indie Asset Partners LLC increased its holdings in Medical Properties Trust by 16.7% in the fourth quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 2,204 shares during the last quarter. Sei Investments Co. grew its position in Medical Properties Trust by 6.6% in the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock worth $155,000 after acquiring an additional 2,438 shares in the last quarter. Atria Wealth Solutions Inc. increased its stake in shares of Medical Properties Trust by 2.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust’s stock worth $440,000 after purchasing an additional 2,948 shares during the last quarter. Vanderbilt University raised its holdings in shares of Medical Properties Trust by 7.5% during the 4th quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 3,117 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its stake in shares of Medical Properties Trust by 5.8% in the 4th quarter. CIBC Asset Management Inc now owns 60,065 shares of the real estate investment trust’s stock valued at $237,000 after purchasing an additional 3,266 shares during the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MPW has been the topic of several analyst reports. Mizuho lowered their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Royal Bank of Canada increased their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, March 10th. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Finally, Wells Fargo & Company boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Medical Properties Trust has an average rating of “Hold” and a consensus target price of $5.64.

Medical Properties Trust Stock Down 0.9 %

MPW opened at $6.11 on Thursday. The business has a 50 day moving average of $5.13 and a 200-day moving average of $4.81. The stock has a market capitalization of $3.67 billion, a price-to-earnings ratio of -1.45, a P/E/G ratio of 1.01 and a beta of 1.32. 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, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55.

Medical Properties Trust Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 5.23%. Medical Properties Trust’s dividend payout ratio is -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.