Proficio Capital Partners LLC Purchases Shares of 23,131 Medical Properties Trust, Inc. (NYSE:MPW)

Proficio Capital Partners LLC acquired a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 23,131 shares of the real estate investment trust’s stock, valued at approximately $91,000.

Several other large investors also recently made changes to their positions in MPW. Quadrature Capital Ltd bought a new position in shares of Medical Properties Trust in the third quarter valued at $927,000. JPMorgan Chase & Co. raised its stake in shares of Medical Properties Trust by 21.7% in the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after purchasing an additional 303,628 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its holdings in shares of Medical Properties Trust by 506.8% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust’s stock valued at $250,000 after purchasing an additional 52,790 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Medical Properties Trust by 353.5% during 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 valued at $20,625,000 after buying an additional 2,748,245 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new stake in Medical Properties Trust during the third quarter worth $883,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Trading Down 2.8 %

Shares of Medical Properties Trust stock opened at $5.81 on Friday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The stock has a market capitalization of $3.49 billion, a P/E ratio of -1.38, a P/E/G ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week high of $6.55. The stock’s 50-day simple moving average is $4.76 and its 200 day simple moving average is $4.72.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s payout ratio is currently -8.42%.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust 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 transaction of $43,304.52. Following the completion of the transaction, the chief accounting officer now 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 filing with the Securities & Exchange Commission, which is available through this link. 1.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

MPW has been the subject of a number of recent analyst reports. Truist Financial reduced their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Wells Fargo & Company increased their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $5.00 to $9.00 in a report on Wednesday. Mizuho decreased their target price on 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. Finally, StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average 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.