TrueMark Investments LLC Has $99,000 Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

TrueMark Investments LLC trimmed its position in Medical Properties Trust, Inc. (NYSE:MPW) by 66.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,985 shares of the real estate investment trust’s stock after selling 50,045 shares during the quarter. TrueMark Investments LLC’s holdings in Medical Properties Trust were worth $99,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MPW. Quadrature Capital Ltd acquired a new position in Medical Properties Trust in the third quarter worth about $927,000. JPMorgan Chase & Co. boosted its position in Medical Properties Trust by 21.7% in the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after buying an additional 303,628 shares in the last quarter. Versor Investments LP grew its stake in 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 worth $1,126,000 after buying an additional 187,500 shares during the last quarter. Charles Schwab Investment Management Inc. increased 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 worth $34,912,000 after buying an additional 118,577 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd raised its stake in shares of 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 valued at $250,000 after acquiring an additional 52,790 shares during the last quarter. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Down 0.9 %

Shares of NYSE MPW opened at $6.11 on Thursday. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The firm’s 50-day moving average is $5.13 and its 200-day moving average is $4.81. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of $3.67 billion, a PE ratio of -1.45, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 5.23%. Medical Properties Trust’s payout ratio is presently -8.42%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wells Fargo & Company increased their price target on Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Mizuho lowered their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Royal Bank of Canada raised 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 report on Monday, March 10th. Finally, BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $5.64.

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.