Grant GrossMendelsohn LLC Raises Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Grant GrossMendelsohn LLC raised its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 22.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,372 shares of the real estate investment trust’s stock after purchasing an additional 4,686 shares during the quarter. Grant GrossMendelsohn LLC’s holdings in Medical Properties Trust were worth $100,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Silver Point Capital L.P. raised its holdings in shares of Medical Properties Trust by 155.3% during the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock worth $35,100,000 after purchasing an additional 3,650,000 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Medical Properties Trust by 353.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock valued at $20,625,000 after buying an additional 2,748,245 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Medical Properties Trust by 378.4% in the 3rd quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock valued at $5,183,000 after buying an additional 700,783 shares during the period. APG Asset Management US Inc. purchased a new stake in shares of Medical Properties Trust in the second quarter worth about $2,045,000. Finally, Caxton Associates LP acquired a new stake in Medical Properties Trust during the second quarter worth about $2,066,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Stock Up 2.8 %

MPW stock opened at $4.11 on Friday. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The firm has a 50-day simple moving average of $4.09 and a 200-day simple moving average of $4.63. The stock has a market capitalization of $2.47 billion, a P/E ratio of -0.97, a P/E/G ratio of 0.70 and a beta of 1.29.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were given a $0.08 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 7.79%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

Analysts Set New Price Targets

Several research firms have commented on MPW. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Mizuho dropped their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Finally, Truist Financial decreased their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $4.92.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the transaction, the chief accounting officer now directly owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.53% of the company’s stock.

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.