Apollon Wealth Management LLC Acquires Shares of 11,149 Medical Properties Trust, Inc. (NYSE:MPW)

Apollon Wealth Management LLC bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 11,149 shares of the real estate investment trust’s stock, valued at approximately $44,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. grew its stake in Medical Properties Trust by 0.7% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 653,831 shares of the real estate investment trust’s stock worth $2,583,000 after buying an additional 4,308 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Medical Properties Trust during the 4th quarter worth approximately $40,000. Vanderbilt University boosted its position in shares of Medical Properties Trust by 7.5% during the 4th quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 3,117 shares in the last quarter. abrdn plc raised its position in Medical Properties Trust by 10.6% during the fourth quarter. abrdn plc now owns 588,001 shares of the real estate investment trust’s stock valued at $2,187,000 after purchasing an additional 56,392 shares in the last quarter. Finally, KPP Advisory Services LLC raised its position in Medical Properties Trust by 9.3% during the fourth quarter. KPP Advisory Services LLC now owns 93,971 shares of the real estate investment trust’s stock valued at $371,000 after purchasing an additional 8,007 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the 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 completion of the sale, the chief accounting officer now directly owns 366,913 shares in the company, valued at $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Performance

Shares of MPW stock opened at $4.95 on Friday. The business’s 50-day moving average price is $4.23 and its 200-day moving average price is $4.63. Medical Properties Trust, Inc. has a 12 month low of $3.45 and a 12 month high of $6.55. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of -1.17, a PEG ratio of 1.05 and a beta of 1.32. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 6.47%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -7.58%.

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.