AssuredPartners Investment Advisors LLC Makes New Investment in Medical Properties Trust, Inc. (NYSE:MPW)

AssuredPartners Investment Advisors LLC bought a new stake in Medical Properties Trust, Inc. (NYSE:MPW) in the fourth quarter, Holdings Channel reports. The institutional investor bought 182,824 shares of the real estate investment trust’s stock, valued at approximately $722,000.

Other hedge funds also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in shares of Medical Properties Trust in the 3rd quarter worth $31,000. Allworth Financial LP grew its holdings in shares of Medical Properties Trust by 230.4% in the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 4,241 shares during the period. Verus Capital Partners LLC purchased a new position in shares of Medical Properties Trust in the fourth quarter valued at $40,000. RS Crum Inc. purchased a new position in Medical Properties Trust during the 4th quarter valued at about $40,000. Finally, RFG Advisory LLC acquired a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $40,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

Shares of MPW opened at $6.21 on Friday. 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 cap of $3.73 billion, a price-to-earnings ratio of -1.47, a PEG ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The stock has a 50 day moving average of $5.21 and a 200-day moving average of $4.83.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given 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 dividend yield of 5.16%. Medical Properties Trust’s payout ratio is currently -8.42%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on MPW shares. Wells Fargo & Company boosted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. 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 note on Thursday, December 19th. Mizuho decreased their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. Finally, Royal Bank of Canada raised their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, March 10th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus 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.