Jackson Thornton Wealth Management LLC Takes Position in Medical Properties Trust, Inc. (NYSE:MPW)

Jackson Thornton Wealth Management LLC purchased a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 51,985 shares of the real estate investment trust’s stock, valued at approximately $205,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position 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 valued at $34,912,000 after acquiring an additional 118,577 shares in the last quarter. Silver Point Capital L.P. increased its position 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 valued at $35,100,000 after acquiring an additional 3,650,000 shares in the last quarter. Wilsey Asset Management Inc. increased its position in shares of Medical Properties Trust by 8.5% during the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock valued at $18,379,000 after acquiring an additional 362,582 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Medical Properties Trust by 353.5% during the third 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 acquiring an additional 2,748,245 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Medical Properties Trust by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 2,912,274 shares of the real estate investment trust’s stock valued at $11,503,000 after acquiring an additional 86,925 shares in the last quarter. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 0.9 %

Shares of Medical Properties Trust stock opened at $6.00 on Monday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The company’s fifty day simple moving average is $5.04 and its 200-day simple moving average is $4.79. The stock has a market capitalization of $3.60 billion, a PE ratio of -1.42, a P/E/G ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -8.42%.

Insider Activity at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction on 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 owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.53% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on MPW. Royal Bank of Canada lifted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th. Truist Financial cut their target price 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. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. Finally, Wells Fargo & Company lifted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and an average price target of $5.64.

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.