SG Americas Securities LLC Boosts Stake in Medical Properties Trust, Inc. (NYSE:MPW)

SG Americas Securities LLC raised its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 435.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 923,756 shares of the real estate investment trust’s stock after acquiring an additional 751,256 shares during the period. SG Americas Securities LLC’s holdings in Medical Properties Trust were worth $3,649,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Silver Point Capital L.P. boosted its holdings 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 during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings 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 purchasing an additional 2,748,245 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Medical Properties Trust by 378.4% in the third quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock worth $5,183,000 after purchasing an additional 700,783 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Medical Properties Trust by 4.0% in the second quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust’s stock worth $37,168,000 after buying an additional 328,184 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Medical Properties Trust by 21.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after buying an additional 303,628 shares during the period. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Insider Buying and Selling

In other news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction 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 sale, the chief accounting officer now owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.53% of the stock is owned by insiders.

Medical Properties Trust Stock Performance

Medical Properties Trust stock opened at $4.69 on Friday. Medical Properties Trust, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $6.55. The stock’s 50 day simple moving average is $4.09 and its two-hundred day simple moving average is $4.65. 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 cap of $2.82 billion, a price-to-earnings ratio of -1.11, a PEG ratio of 0.80 and a beta of 1.29.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 6.82%. Medical Properties Trust’s dividend payout ratio is presently -7.58%.

Wall Street Analyst Weigh In

MPW has been the subject of several recent analyst reports. Mizuho lowered their price objective 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. 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 report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $4.92.

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.