Atria Wealth Solutions Inc. Buys 2,948 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Atria Wealth Solutions Inc. boosted its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 2.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 111,490 shares of the real estate investment trust’s stock after buying an additional 2,948 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Medical Properties Trust were worth $440,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of MPW. Silver Point Capital L.P. raised its holdings 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 buying an additional 3,650,000 shares during the period. Wilsey Asset Management Inc. grew its position in Medical Properties Trust by 8.5% in 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 during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in 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 purchasing an additional 2,748,245 shares during the period. Principal Financial Group Inc. lifted 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 worth $11,503,000 after purchasing an additional 86,925 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after purchasing an additional 303,628 shares during the period. Institutional investors own 71.79% of the company’s stock.

Insider Transactions at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the transaction, the chief accounting officer now directly owns 366,913 shares in the company, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on MPW shares. Truist Financial reduced their price target on shares of 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. Mizuho reduced their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.92.

Medical Properties Trust Stock Performance

MPW stock opened at $5.58 on Friday. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The business has a 50-day moving average price of $4.37 and a 200 day moving average price of $4.64. The company has a market capitalization of $3.35 billion, a P/E ratio of -1.32, a PEG ratio of 1.01 and a beta of 1.32. 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 Announces Dividend

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 issued a $0.08 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 5.74%. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

Medical Properties Trust Company 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.