Samalin Investment Counsel LLC Sells 41,102 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Samalin Investment Counsel LLC lowered its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 27.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 108,236 shares of the real estate investment trust’s stock after selling 41,102 shares during the period. Samalin Investment Counsel LLC’s holdings in Medical Properties Trust were worth $428,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MPW. Allworth Financial LP boosted its position in shares of Medical Properties Trust by 230.4% during the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 4,241 shares during the period. Truvestments Capital LLC acquired a new position in Medical Properties Trust during the 3rd quarter worth approximately $31,000. RFG Advisory LLC bought a new position in shares of Medical Properties Trust during the 4th quarter worth approximately $40,000. Silver Oak Securities Incorporated acquired a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $40,000. Finally, Verus Capital Partners LLC bought a new stake in shares of Medical Properties Trust in the fourth quarter worth $40,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Insider Transactions at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the company’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 directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This represents a 3.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Trading Up 0.9 %

MPW stock opened at $6.00 on Monday. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of -1.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company has a fifty day moving average price of $5.04 and a two-hundred day moving average price of $4.79. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 5.34%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

Wall Street Analyst Weigh In

MPW has been the subject of a number of analyst reports. Wells Fargo & Company raised their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Truist Financial decreased their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Finally, Royal Bank of Canada upped their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research note on Monday, March 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.64.

Medical Properties Trust Company Profile

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.