Invesco Ltd. Has $8.62 Million Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Invesco Ltd. cut its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 23.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,181,719 shares of the real estate investment trust's stock after selling 660,500 shares during the period. Invesco Ltd. owned 0.36% of Medical Properties Trust worth $8,618,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP grew its stake in 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 valued at $26,000 after buying an additional 4,241 shares during the last quarter. Verus Capital Partners LLC acquired a new position in Medical Properties Trust in the 4th quarter valued at about $40,000. RS Crum Inc. acquired a new position in Medical Properties Trust in the 4th quarter valued at about $40,000. RFG Advisory LLC acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $40,000. Finally, Norges Bank acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $41,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Medical Properties Trust Trading Down 0.8 %

Shares of NYSE MPW traded down $0.05 during trading on Tuesday, reaching $5.46. The company had a trading volume of 621,728 shares, compared to its average volume of 13,022,297. The company's fifty day moving average price is $5.58 and its 200-day moving average price is $4.79. Medical Properties Trust, Inc. has a 12 month low of $3.51 and a 12 month high of $6.55. The stock has a market cap of $3.31 billion, a P/E ratio of -1.30, a PEG ratio of 1.01 and a beta of 1.27. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 10th were given a $0.08 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.87%. Medical Properties Trust's dividend payout ratio (DPR) is presently -8.42%.

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.