Victory Capital Management Inc. Has $4.45 Million Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Victory Capital Management Inc. raised its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 342.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 905,383 shares of the real estate investment trust's stock after purchasing an additional 700,571 shares during the quarter. Victory Capital Management Inc. owned about 0.15% of Medical Properties Trust worth $4,445,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tucker Asset Management LLC grew its position in 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 buying an additional 7,661 shares during the last quarter. Cetera Trust Company N.A acquired a new position in shares of Medical Properties Trust during the fourth quarter worth about $43,000. Cary Street Partners Investment Advisory LLC raised 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 purchasing an additional 8,615 shares in the last quarter. Checchi Capital Advisers LLC acquired a new stake in Medical Properties Trust in the third quarter valued at about $56,000. Finally, Integrated Advisors Network LLC purchased a new stake in Medical Properties Trust in the 3rd quarter valued at approximately $56,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Friday, May 10th. Colliers Securities downgraded shares of Medical Properties Trust from a "buy" rating to a "neutral" rating and cut their price target for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. Royal Bank of Canada reissued a "sector perform" rating and set a $5.00 price objective on shares of Medical Properties Trust in a report on Tuesday. Truist Financial increased their target price on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a "hold" rating in a report on Monday, April 8th. Finally, BNP Paribas raised Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price target on the stock in a research note on Friday, March 1st. Four analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $5.75.

Medical Properties Trust Price Performance

Shares of NYSE MPW traded down $0.29 during trading on Thursday, reaching $5.13. The company had a trading volume of 22,819,304 shares, compared to its average volume of 22,489,678. The company has a current ratio of 3.10, a quick ratio of 2.26 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $3.07 billion, a PE ratio of -2.31, a price-to-earnings-growth ratio of 0.63 and a beta of 1.19. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $10.74. The stock has a 50-day moving average price of $4.52 and a two-hundred day moving average price of $4.34.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, April 19th. This represents a $0.60 dividend on an annualized basis and a yield of 11.70%. Medical Properties Trust's dividend payout ratio (DPR) is -27.03%.

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.