10,000 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Purchased by Verus Capital Partners LLC

Verus Capital Partners LLC purchased a new position in Medical Properties Trust, Inc. (NYSE:MPW) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 10,000 shares of the real estate investment trust’s stock, valued at approximately $40,000.

Several other institutional investors have also modified their holdings of the business. Silver Point Capital L.P. lifted its stake in shares of Medical Properties Trust by 155.3% in 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 acquiring an additional 3,650,000 shares in the last quarter. Wilsey Asset Management Inc. lifted its stake in shares of Medical Properties Trust by 8.5% in the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock worth $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 lifted its stake in shares of Medical Properties Trust by 353.5% in 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 worth $20,625,000 after acquiring an additional 2,748,245 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Medical Properties Trust by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 2,912,274 shares of the real estate investment trust’s stock worth $11,503,000 after acquiring an additional 86,925 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of 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 worth $9,973,000 after acquiring an additional 303,628 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on MPW. Mizuho cut their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Truist Financial cut their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.92.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the transaction, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Up 5.6 %

NYSE:MPW opened at $5.90 on Friday. The firm has a market capitalization of $3.54 billion, a PE ratio of -1.40, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The stock has a 50 day moving average of $4.44 and a 200-day moving average of $4.66. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 5.43%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

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.