Medical Properties Trust, Inc. (NYSE:MPW) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 9.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,493,176 shares of the real estate investment trust’s stock after buying an additional 125,919 shares during the quarter. Advisors Asset Management Inc. owned approximately 0.25% of Medical Properties Trust worth $5,898,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MPW. Thrivent Financial for Lutherans raised its position in Medical Properties Trust by 0.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 475,277 shares of the real estate investment trust’s stock worth $1,877,000 after acquiring an additional 4,058 shares during the last quarter. RS Crum Inc. purchased a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $40,000. Frank Rimerman Advisors LLC raised its position in shares of Medical Properties Trust by 63.8% during the 4th quarter. Frank Rimerman Advisors LLC now owns 18,148 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 7,070 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in Medical Properties Trust in the 4th quarter valued at approximately $225,000. Finally, Inspire Advisors LLC acquired a new stake in Medical Properties Trust during the 4th quarter valued at $92,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction dated 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 directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.53% of the stock is owned by company insiders.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $5.97 on Thursday. The company has a market cap of $3.59 billion, a P/E ratio of -1.42, a P/E/G ratio of 1.01 and a beta of 1.32. The firm’s 50 day moving average is $4.92 and its two-hundred day moving average is $4.77. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 5.36%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s payout ratio is currently -8.42%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MPW. Wells Fargo & Company upped their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Royal Bank of Canada upped their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, March 10th. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Truist Financial reduced 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. Finally, Mizuho decreased their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $5.64.

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.