10,207 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Purchased by RFG Advisory LLC

RFG Advisory LLC bought a new stake in Medical Properties Trust, Inc. (NYSE:MPW) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,207 shares of the real estate investment trust’s stock, valued at approximately $40,000.

Several other hedge funds also recently bought and sold shares of the stock. Future Financial Wealth Managment LLC acquired a new position in shares of Medical Properties Trust in the 3rd quarter worth approximately $29,000. Truvestments Capital LLC acquired a new position in Medical Properties Trust during the third quarter worth $31,000. GAMMA Investing LLC boosted its position in shares of Medical Properties Trust by 107.3% during the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 3,145 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Medical Properties Trust in the second quarter valued at $56,000. Finally, Wealthstream Advisors Inc. purchased a new stake in shares of Medical Properties Trust in the 3rd quarter valued at $60,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 4.2 %

MPW stock opened at $4.46 on Wednesday. The company’s 50 day moving average price is $4.10 and its 200 day moving average price is $4.65. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of -1.06, a PEG ratio of 0.80 and a beta of 1.29. Medical Properties Trust, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $6.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.18%. Medical Properties Trust’s payout ratio is -7.58%.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the sale, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on MPW shares. Mizuho lowered their target price 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. Truist Financial lowered 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. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and an average price target of $4.92.

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.