Wilsey Asset Management Inc. Has $18.38 Million Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Wilsey Asset Management Inc. grew its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,652,803 shares of the real estate investment trust’s stock after acquiring an additional 362,582 shares during the period. Medical Properties Trust accounts for approximately 3.4% of Wilsey Asset Management Inc.’s investment portfolio, making the stock its 16th biggest holding. Wilsey Asset Management Inc.’s holdings in Medical Properties Trust were worth $18,379,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Truvestments Capital LLC acquired a new stake in shares of Medical Properties Trust in the 3rd quarter valued at about $31,000. GAMMA Investing LLC grew its stake in 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 acquiring an additional 3,145 shares during the period. RFG Advisory LLC bought a new stake in shares of Medical Properties Trust during the fourth quarter valued at approximately $40,000. Silver Oak Securities Incorporated bought a new stake in shares of Medical Properties Trust during the fourth quarter valued at approximately $40,000. Finally, Apollon Wealth Management LLC acquired a new position in shares of Medical Properties Trust during the fourth quarter worth approximately $44,000. 71.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Truist Financial decreased their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, December 19th. Mizuho decreased their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $4.92.

Insider Activity

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the business’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 of the company’s stock, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.53% of the stock is currently owned by corporate insiders.

Medical Properties Trust Stock Down 2.4 %

MPW opened at $4.78 on Monday. Medical Properties Trust, Inc. has a fifty-two week low of $3.22 and a fifty-two week high of $6.55. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The company’s 50-day moving average is $4.17 and its 200 day moving average is $4.64. The firm has a market capitalization of $2.87 billion, a P/E ratio of -1.13, a PEG ratio of 1.05 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

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