50,000 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Acquired by Smith Anglin Financial LLC

Smith Anglin Financial LLC purchased a new position in Medical Properties Trust, Inc. (NYSE:MPW) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 50,000 shares of the real estate investment trust’s stock, valued at approximately $198,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quadrature Capital Ltd acquired a new position in Medical Properties Trust in the 3rd quarter worth approximately $927,000. JPMorgan Chase & Co. increased its holdings in Medical Properties Trust by 21.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after buying an additional 303,628 shares during the period. Wolverine Asset Management LLC increased its holdings in Medical Properties Trust by 27.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust’s stock worth $3,030,000 after buying an additional 112,721 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Medical Properties Trust by 353.5% in the 3rd 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 buying an additional 2,748,245 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in Medical Properties Trust by 22.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 793,003 shares of the real estate investment trust’s stock worth $3,418,000 after buying an additional 143,309 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Insider Buying and Selling at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the firm’s 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 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 document filed with the SEC, which is accessible through the SEC website. 1.53% of the stock is currently owned by insiders.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $4.15 on Thursday. The company’s fifty day moving average price is $4.11 and its 200 day moving average price is $4.64. Medical Properties Trust, Inc. has a 1 year low of $2.92 and a 1 year high of $6.55. The stock has a market capitalization of $2.49 billion, a P/E ratio of -0.98, a P/E/G ratio of 0.62 and a beta of 1.29. 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. Shareholders of record on Thursday, December 12th were issued a $0.08 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 7.71%. Medical Properties Trust’s payout ratio is currently -7.58%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Truist Financial dropped their price objective 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 dropped their price objective 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. Finally, Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.