HB Wealth Management LLC Purchases New Shares in Medical Properties Trust, Inc. (NYSE:MPW)

HB Wealth Management LLC bought a new stake in Medical Properties Trust, Inc. (NYSE:MPW) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,054 shares of the real estate investment trust’s stock, valued at approximately $61,000.

Other institutional investors have also modified their holdings of the company. Lindbrook Capital LLC grew its position in shares of Medical Properties Trust by 112.1% in the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 3,819 shares during the period. Tucker Asset Management LLC grew its position in shares of Medical Properties Trust by 2,447.6% in the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 7,661 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in shares of Medical Properties Trust in the first quarter valued at about $38,000. Cetera Trust Company N.A acquired a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $43,000. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in shares of Medical Properties Trust by 861.5% in 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 buying an additional 8,615 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analysts Set New Price Targets

MPW has been the topic of several research reports. BNP Paribas downgraded shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $6.00 to $4.00 in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and raised their price target for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 18th. Truist Financial raised their price target on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a research note on Thursday, May 30th. Finally, Colliers Securities downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their target price 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, eight have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $5.61.

Medical Properties Trust Trading Up 0.7 %

Shares of Medical Properties Trust stock traded up $0.03 on Friday, reaching $4.09. The company had a trading volume of 4,967,345 shares, compared to its average volume of 20,084,471. The firm’s 50 day moving average price is $4.89 and its two-hundred day moving average price is $4.36. The firm has a market cap of $2.45 billion, a PE ratio of -1.85, a PEG ratio of 0.58 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 company has a debt-to-equity ratio of 1.51, a quick ratio of 3.10 and a current ratio of 3.10.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.67%. The ex-dividend date of this dividend is Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -27.03%.

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.