Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Coulter & Justus Financial Services LLC

Coulter & Justus Financial Services LLC decreased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 9.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,250 shares of the real estate investment trust’s stock after selling 4,828 shares during the quarter. Coulter & Justus Financial Services LLC’s holdings in Medical Properties Trust were worth $232,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Tucker Asset Management LLC boosted its holdings in shares of Medical Properties Trust by 2,447.6% in the 3rd 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 last quarter. Cetera Trust Company N.A purchased a new stake in Medical Properties Trust during the fourth quarter worth $43,000. Cary Street Partners Investment Advisory LLC boosted its holdings in Medical Properties Trust by 861.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 8,615 shares in the last quarter. WealthTrust Axiom LLC purchased a new stake in Medical Properties Trust during the fourth quarter worth $52,000. Finally, Checchi Capital Advisers LLC purchased a new stake in Medical Properties Trust during the third quarter worth $56,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MPW. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price target for the stock from $2.00 to $5.00 in a report on Wednesday, April 17th. KeyCorp reissued a “sector weight” rating on shares of Medical Properties Trust in a report on Friday, January 5th. Mizuho lowered their price target on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Finally, Truist Financial increased their price target on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a report on Monday, April 8th. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Trading Up 4.5 %

Shares of NYSE MPW traded up $0.21 during mid-day trading on Thursday, reaching $4.84. The company’s stock had a trading volume of 11,836,098 shares, compared to its average volume of 21,645,879. The stock has a 50-day moving average of $4.35 and a two-hundred day moving average of $4.32. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74.

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 given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.40%. The ex-dividend date of this dividend was Friday, April 19th. Medical Properties Trust’s dividend payout ratio (DPR) is -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.