Proficio Capital Partners LLC Takes $91,000 Position in Medical Properties Trust, Inc. (NYSE:MPW)

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

Several other hedge funds have also recently added to or reduced their stakes in MPW. Allworth Financial LP increased its position in shares of Medical Properties Trust by 230.4% in the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 4,241 shares during the last quarter. RFG Advisory LLC acquired a new stake in Medical Properties Trust in the fourth quarter valued at $40,000. Silver Oak Securities Incorporated purchased a new stake in Medical Properties Trust during the 4th quarter worth about $40,000. Verus Capital Partners LLC acquired a new position in shares of Medical Properties Trust during the 4th quarter worth about $40,000. Finally, Apollon Wealth Management LLC purchased a new position in shares of Medical Properties Trust in the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 2.8 %

MPW opened at $6.04 on Friday. The company has a market cap of $3.62 billion, a PE ratio of -1.43, a P/E/G ratio of 1.01 and a beta of 1.32. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The business has a 50 day moving average price of $5.25 and a two-hundred day moving average price of $4.84. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be paid 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 5.30%. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

Wall Street Analyst Weigh In

MPW has been the topic of several recent analyst reports. Mizuho dropped their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Truist Financial dropped their target price on shares of 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. Royal Bank of Canada boosted their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research report on Monday, March 10th. StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Finally, Wells Fargo & Company boosted their target price on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Monday, March 10th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price 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.