Jones Financial Companies Lllp Buys 18,754 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Jones Financial Companies Lllp lifted its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 71.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,112 shares of the real estate investment trust’s stock after purchasing an additional 18,754 shares during the quarter. Jones Financial Companies Lllp’s holdings in Medical Properties Trust were worth $178,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Allworth Financial LP lifted its position in Medical Properties Trust by 230.4% in the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 4,241 shares in the last quarter. Truvestments Capital LLC bought a new position in Medical Properties Trust in the 3rd quarter valued at approximately $31,000. RFG Advisory LLC bought a new position in Medical Properties Trust in the 4th quarter valued at approximately $40,000. Silver Oak Securities Incorporated bought a new position in Medical Properties Trust in the 4th quarter valued at approximately $40,000. Finally, Verus Capital Partners LLC bought a new position in Medical Properties Trust in the 4th quarter valued at approximately $40,000. 71.79% of the stock is owned by institutional investors.

Insider Transactions at Medical Properties Trust

In other Medical Properties Trust 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 owns 366,913 shares in the company, valued at approximately $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 accessible through the SEC website. 1.53% of the stock is currently owned by company insiders.

Medical Properties Trust Trading Up 0.8 %

NYSE:MPW opened at $5.87 on Friday. 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 firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of -1.39, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55. The business has a fifty day moving average price of $4.80 and a 200-day moving average price of $4.73.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 5.46%. Medical Properties Trust’s dividend payout ratio (DPR) is -8.42%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on MPW shares. Royal Bank of Canada upped their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research report on Monday, March 10th. Mizuho lowered their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and increased their price target for the company from $5.00 to $9.00 in a report on Wednesday. Truist Financial lowered their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. Finally, StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Medical Properties Trust has an average rating of “Hold” and a consensus 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.