Delos Wealth Advisors LLC Lowers Position in Medical Properties Trust, Inc. (NYSE:MPW)

Delos Wealth Advisors LLC cut its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 13.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,776 shares of the real estate investment trust’s stock after selling 2,429 shares during the quarter. Delos Wealth Advisors LLC’s holdings in Medical Properties Trust were worth $74,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Lindbrook Capital LLC increased its position in shares of Medical Properties Trust by 112.1% during the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 3,819 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new stake in shares of Medical Properties Trust during the first quarter valued at approximately $38,000. Cetera Trust Company N.A purchased a new stake in shares of Medical Properties Trust during the fourth quarter valued at approximately $43,000. Fidelis Capital Partners LLC bought a new position in Medical Properties Trust during the first quarter valued at $43,000. Finally, Cary Street Partners Investment Advisory LLC grew 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 valued at $47,000 after purchasing an additional 8,615 shares during the period. 71.79% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Price Performance

NYSE:MPW traded up $0.09 during trading hours on Friday, hitting $4.80. 8,745,252 shares of the company’s stock traded hands, compared to its average volume of 19,496,168. The firm has a market cap of $2.88 billion, a P/E ratio of -2.16, a P/E/G ratio of 0.68 and a beta of 1.27. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The business’s fifty day simple moving average is $4.87 and its two-hundred day simple moving average is $4.33. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, June 10th. This represents a $0.60 dividend on an annualized basis and a yield of 12.50%. Medical Properties Trust’s payout ratio is -27.03%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MPW. Colliers Securities lowered Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price objective for the company from $2.00 to $5.00 in a report on Wednesday, April 17th. Truist Financial increased their price objective on Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a report on Thursday, May 30th. StockNews.com lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 18th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $5.00 price target on shares of Medical Properties Trust in a report on Tuesday, May 14th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $5.61.

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.