Russell Investments Group Ltd. Decreases Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Russell Investments Group Ltd. cut its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 60.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,423 shares of the real estate investment trust's stock after selling 71,706 shares during the quarter. Russell Investments Group Ltd.'s holdings in Medical Properties Trust were worth $184,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted 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 during the period. Versor Investments LP lifted its holdings in shares of Medical Properties Trust by 192.3% during the fourth quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust's stock valued at $1,126,000 after purchasing an additional 187,500 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Medical Properties Trust by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust's stock valued at $34,912,000 after purchasing an additional 118,577 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in Medical Properties Trust by 506.8% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust's stock worth $250,000 after purchasing an additional 52,790 shares during the last quarter. Finally, Wilsey Asset Management Inc. raised its stake in Medical Properties Trust by 8.5% during the 4th quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust's stock valued at $18,379,000 after buying an additional 362,582 shares during the last quarter. Institutional investors own 71.79% of the company's stock.

Medical Properties Trust Stock Performance

Shares of MPW stock traded up $0.25 during midday trading on Thursday, hitting $5.77. 4,630,644 shares of the company were exchanged, compared to its average volume of 13,040,848. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The firm has a market capitalization of $3.50 billion, a P/E ratio of -1.37, a PEG ratio of 1.01 and a beta of 1.27. The firm's 50 day moving average price is $5.60 and its two-hundred day moving average price is $4.80. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

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 (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm's revenue for the quarter was down 17.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.24 EPS. As a group, equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current 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 annualized dividend and a dividend yield of 5.55%. The ex-dividend date of this dividend was Monday, March 10th. Medical Properties Trust's payout ratio is presently -8.42%.

Wall Street Analysts Forecast Growth

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

Medical Properties Trust 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.