Barclays PLC Sells 1,125,596 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Barclays PLC lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 76.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 347,622 shares of the real estate investment trust's stock after selling 1,125,596 shares during the period. Barclays PLC owned 0.06% of Medical Properties Trust worth $1,374,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. APG Asset Management US Inc. purchased a new position in shares of Medical Properties Trust in the fourth quarter valued at $5,209,000. SG Americas Securities LLC raised its holdings in Medical Properties Trust by 435.5% during the 4th quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust's stock valued at $3,649,000 after buying an additional 751,256 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Medical Properties Trust during the fourth quarter valued at $2,114,000. Wilsey Asset Management Inc. raised its holdings in shares of Medical Properties Trust by 8.5% in the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust's stock worth $18,379,000 after buying an additional 362,582 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Medical Properties Trust by 21.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust's stock valued at $9,973,000 after purchasing an additional 303,628 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Price Performance

NYSE MPW remained flat at $5.19 during trading on Friday. The company's stock had a trading volume of 3,597,588 shares, compared to its average volume of 12,822,235. 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 fifty-two week low of $3.51 and a fifty-two week high of $6.55. The firm's fifty day moving average is $5.58 and its 200 day moving average is $4.82. The company has a market capitalization of $3.15 billion, a P/E ratio of -1.23, a PEG ratio of 1.01 and a beta of 1.41.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The business had revenue of $223.80 million for the quarter, compared to analyst estimates of $233.80 million. During the same period in the previous year, the company posted $0.24 EPS. Medical Properties Trust's revenue was down 17.5% on a year-over-year basis. Analysts expect that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date of this dividend was Monday, March 10th. Medical Properties Trust's payout ratio is -11.55%.

Analysts Set New Price Targets

A number of analysts recently weighed in on MPW shares. Royal Bank of Canada increased their price target 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. BNP Paribas raised Medical Properties Trust from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $5.00 to $9.00 in a report on Wednesday, March 12th. Wells Fargo & Company lifted their target price on Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. Finally, StockNews.com upgraded shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $5.75.

Medical Properties Trust Company 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.