Medical Properties Trust, Inc. (NYSE:MPW) Shares Purchased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 585,794 shares of the real estate investment trust’s stock after purchasing an additional 26,924 shares during the period. State of New Jersey Common Pension Fund D owned 0.10% of Medical Properties Trust worth $2,314,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of MPW. Silver Point Capital L.P. grew its stake in Medical Properties Trust by 155.3% during the 3rd 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in 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 acquiring an additional 2,748,245 shares in the last quarter. SG Americas Securities LLC grew its stake in Medical Properties Trust by 435.5% during the 4th quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust’s stock valued at $3,649,000 after acquiring an additional 751,256 shares in the last quarter. International Assets Investment Management LLC grew its stake in Medical Properties Trust by 378.4% during 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 acquiring an additional 700,783 shares in the last quarter. Finally, Wilsey Asset Management Inc. grew its stake in Medical Properties Trust by 8.5% during the 4th 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. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MPW. Truist Financial dropped their price target 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 dropped their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Medical Properties Trust has an average rating of “Hold” and a consensus target price of $4.92.

Insider Buying and Selling

In related news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.53% of the stock is currently owned by corporate insiders.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $5.01 on Friday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The stock has a market capitalization of $3.01 billion, a P/E ratio of -1.19, a PEG ratio of 1.01 and a beta of 1.32. The company has a 50 day moving average price of $4.30 and a 200 day moving average price of $4.64. Medical Properties Trust, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $6.55.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.39%. Medical Properties Trust’s payout ratio is currently -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.