Silver Oak Securities Incorporated Takes $40,000 Position in Medical Properties Trust, Inc. (NYSE:MPW)

Silver Oak Securities Incorporated bought a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 10,654 shares of the real estate investment trust’s stock, valued at approximately $40,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of MPW. Silver Point Capital L.P. lifted its holdings in shares of Medical Properties Trust by 155.3% in the 3rd quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock worth $35,100,000 after acquiring an additional 3,650,000 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Medical Properties Trust by 353.5% in the third 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 purchasing an additional 2,748,245 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after buying an additional 303,628 shares during the period. Advisors Asset Management Inc. grew its stake in shares of Medical Properties Trust by 16.4% during the third quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust’s stock valued at $7,998,000 after buying an additional 192,955 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Medical Properties Trust by 435.5% in the fourth quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust’s stock worth $3,649,000 after buying an additional 751,256 shares during the period. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Analysts Set New Price Targets

MPW has been the topic of several research analyst reports. Mizuho cut their price objective on 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. Truist Financial cut their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report 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.com, the stock has a consensus rating of “Hold” and an average target price of $4.92.

Insider Buying and Selling at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the 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 completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.53% of the stock is owned by insiders.

Medical Properties Trust Stock Performance

Shares of NYSE:MPW opened at $4.78 on Monday. Medical Properties Trust, Inc. has a 52 week low of $3.22 and a 52 week high of $6.55. The firm has a 50 day moving average of $4.17 and a 200 day moving average of $4.64. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of -1.13, a price-to-earnings-growth ratio of 1.05 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.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 6.70%. Medical Properties Trust’s payout ratio is -7.58%.

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.