23,131 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 23,131 shares of the real estate investment trust’s stock, valued at approximately $91,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MPW. Allworth Financial LP boosted its holdings in Medical Properties Trust by 230.4% during the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 4,241 shares during the period. Truvestments Capital LLC bought a new position in shares of Medical Properties Trust in the third quarter worth approximately $31,000. RFG Advisory LLC purchased a new position in shares of Medical Properties Trust in the fourth quarter worth $40,000. Silver Oak Securities Incorporated bought a new stake in Medical Properties Trust during the 4th quarter valued at $40,000. Finally, Apollon Wealth Management LLC purchased a new stake in Medical Properties Trust during the 4th quarter valued at $44,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Trading Down 2.8 %

NYSE:MPW opened at $5.81 on Friday. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of -1.38, a PEG ratio of 1.01 and a beta of 1.32. The company’s 50 day moving average price is $4.76 and its 200-day moving average price is $4.72. Medical Properties Trust, Inc. has a 52 week low of $3.51 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.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 5.51%. Medical Properties Trust’s payout ratio is -8.42%.

Insiders Place Their Bets

In other news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction dated Thursday, December 26th. The stock was 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 of the company’s stock, valued at $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 is available at this hyperlink. 1.53% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on MPW. Wells Fargo & Company boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $5.00 to $9.00 in a report on Wednesday. Mizuho dropped their price objective on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Thursday, December 5th. StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Finally, Truist Financial decreased their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus price target of $5.64.

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.