Barclays PLC Cuts Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

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

Several other large investors also recently modified their holdings of MPW. Allworth Financial LP lifted its stake in shares of Medical Properties Trust by 230.4% in the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 4,241 shares during the period. Verus Capital Partners LLC bought a new position in Medical Properties Trust in the fourth quarter worth approximately $40,000. RS Crum Inc. purchased a new position in shares of Medical Properties Trust during the 4th quarter worth $40,000. RFG Advisory LLC bought a new stake in shares of Medical Properties Trust during the 4th quarter valued at $40,000. Finally, Norges Bank purchased a new stake in shares of Medical Properties Trust in the 4th quarter worth $41,000. Institutional investors own 71.79% of the company's stock.

Medical Properties Trust Stock Down 1.3 %

NYSE:MPW traded down $0.07 during midday trading on Tuesday, reaching $5.09. 7,354,727 shares of the stock traded hands, compared to its average volume of 12,933,712. The stock has a market capitalization of $3.08 billion, a PE ratio of -1.20, a price-to-earnings-growth ratio of 1.01 and a beta of 1.41. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. 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 business has a 50-day moving average of $5.61 and a two-hundred day moving average of $4.81.

Medical Properties Trust (NYSE:MPW - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) 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 prior year, the company posted $0.24 earnings per share. The company's revenue was down 17.5% on a year-over-year basis. On average, equities analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 6.29%. The ex-dividend date was Monday, March 10th. Medical Properties Trust's payout ratio is -11.55%.

Wall Street Analysts Forecast Growth

MPW has been the topic of several recent research reports. Wells Fargo & Company raised their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a research note on Monday, March 10th. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and raised their price objective for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Royal Bank of Canada upped their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a research report on Monday, March 10th. Finally, StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Medical Properties Trust presently has an average rating of "Hold" and a consensus price target of $5.75.

About Medical Properties Trust

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.