Medical Properties Trust, Inc. (NYSE:MPW) is QCM Cayman Ltd.’s 8th Largest Position

QCM Cayman Ltd. lowered its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 44.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,307 shares of the real estate investment trust’s stock after selling 8,291 shares during the period. Medical Properties Trust accounts for approximately 2.7% of QCM Cayman Ltd.’s portfolio, making the stock its 8th biggest holding. QCM Cayman Ltd.’s holdings in Medical Properties Trust were worth $51,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Tucker Asset Management LLC boosted its stake 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 worth $43,000 after buying an additional 7,661 shares during the last quarter. Cetera Trust Company N.A acquired a new stake in Medical Properties Trust in the 4th quarter worth about $43,000. Riverview Trust Co boosted its stake in Medical Properties Trust by 313.8% in the 3rd quarter. Riverview Trust Co now owns 9,128 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 6,922 shares during the last quarter. Checchi Capital Advisers LLC acquired a new stake in Medical Properties Trust in the 3rd quarter worth about $56,000. Finally, Integrated Advisors Network LLC acquired a new stake in Medical Properties Trust in the 3rd quarter worth about $56,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 2.7 %

Shares of Medical Properties Trust stock traded up $0.12 on Tuesday, reaching $4.64. The company had a trading volume of 11,389,880 shares, compared to its average volume of 22,564,965. Medical Properties Trust, Inc. has a 1 year low of $2.92 and a 1 year high of $10.74. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of -4.94, a P/E/G ratio of 1.34 and a beta of 1.20. The firm’s 50-day moving average price is $4.22 and its two-hundred day moving average price is $4.35.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 22nd will be issued a $0.15 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 12.93%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -63.83%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Mizuho cut their price objective on Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and raised their target price for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Truist Financial lifted their price objective on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a report on Monday, April 8th. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target for the company in a report on Friday, March 1st. Finally, Colliers Securities downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average 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.