Demars Financial Group LLC Has $719,000 Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Demars Financial Group LLC lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 70.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 146,377 shares of the real estate investment trust's stock after selling 356,152 shares during the period. Medical Properties Trust makes up 0.4% of Demars Financial Group LLC's portfolio, making the stock its 26th biggest position. Demars Financial Group LLC's holdings in Medical Properties Trust were worth $719,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Arizona State Retirement System raised its position in Medical Properties Trust by 1.4% in the third quarter. Arizona State Retirement System now owns 170,355 shares of the real estate investment trust's stock worth $928,000 after purchasing an additional 2,304 shares in the last quarter. abrdn plc grew its stake in Medical Properties Trust by 2.1% during the third quarter. abrdn plc now owns 125,218 shares of the real estate investment trust's stock worth $682,000 after buying an additional 2,622 shares during the last quarter. United Services Automobile Association grew its stake in Medical Properties Trust by 9.7% during the third quarter. United Services Automobile Association now owns 42,220 shares of the real estate investment trust's stock worth $230,000 after buying an additional 3,721 shares during the last quarter. Meeder Advisory Services Inc. grew its stake in Medical Properties Trust by 34.4% during the third quarter. Meeder Advisory Services Inc. now owns 14,741 shares of the real estate investment trust's stock worth $80,000 after buying an additional 3,771 shares during the last quarter. Finally, CWM LLC grew its stake in Medical Properties Trust by 23.0% during the fourth quarter. CWM LLC now owns 21,323 shares of the real estate investment trust's stock worth $105,000 after buying an additional 3,993 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on MPW shares. Royal Bank of Canada decreased their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 20th. KeyCorp reaffirmed a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating and upped their price objective for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. StockNews.com cut shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research note 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 company a "hold" rating in a research note on Monday, April 8th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $5.75.

Medical Properties Trust Trading Down 1.6 %

MPW stock traded down $0.07 during midday trading on Wednesday, reaching $4.57. The company's stock had a trading volume of 14,261,611 shares, compared to its average volume of 22,460,006. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The stock has a market cap of $2.73 billion, a PE ratio of -4.90, a price-to-earnings-growth ratio of 1.37 and a beta of 1.20. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. The business's 50-day simple moving average is $4.24 and its 200-day simple moving average is $4.35.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a yield of 13.14%. Medical Properties Trust's payout ratio is presently -63.83%.

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.