KPP Advisory Services LLC Grows Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

KPP Advisory Services LLC boosted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 9.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 93,971 shares of the real estate investment trust’s stock after purchasing an additional 8,007 shares during the period. KPP Advisory Services LLC’s holdings in Medical Properties Trust were worth $371,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Future Financial Wealth Managment LLC purchased a new position in shares of Medical Properties Trust during the third quarter worth about $29,000. Truvestments Capital LLC purchased a new position in shares of Medical Properties Trust in the 3rd quarter valued at approximately $31,000. GAMMA Investing LLC increased its holdings in shares of Medical Properties Trust by 107.3% in the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 3,145 shares during the period. RFG Advisory LLC purchased a new stake in shares of Medical Properties Trust during the fourth quarter worth approximately $40,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Medical Properties Trust during the fourth quarter worth $54,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Stock Up 2.2 %

MPW stock opened at $4.80 on Tuesday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The company’s 50-day moving average price is $4.13 and its 200 day moving average price is $4.64. Medical Properties Trust, Inc. has a 52 week low of $3.13 and a 52 week high of $6.55. The company has a market cap of $2.88 billion, a P/E ratio of -1.14, a P/E/G ratio of 0.86 and a beta of 1.32.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 6.67%. The ex-dividend date was Thursday, December 12th. Medical Properties Trust’s dividend payout ratio (DPR) is -7.58%.

Insider Buying and Selling

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on MPW shares. Truist Financial cut 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 report on Thursday, December 19th. Mizuho cut their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average 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.