Sanctuary Advisors LLC Has $122,000 Position in Medical Properties Trust, Inc. (NYSE:MPW)

Sanctuary Advisors LLC lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 8.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,971 shares of the real estate investment trust’s stock after selling 2,787 shares during the period. Sanctuary Advisors LLC’s holdings in Medical Properties Trust were worth $122,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its stake in Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 4,241 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Medical Properties Trust in the third quarter valued at about $31,000. RFG Advisory LLC acquired a new position in Medical Properties Trust during the 4th quarter worth about $40,000. Silver Oak Securities Incorporated bought a new stake in Medical Properties Trust during the 4th quarter worth about $40,000. Finally, Apollon Wealth Management LLC acquired a new stake in Medical Properties Trust in the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on MPW shares. Truist Financial reduced their price objective 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. Mizuho decreased 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. Finally, StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Medical Properties Trust presently has an average rating of “Hold” and a consensus target price of $4.92.

Medical Properties Trust Stock Up 1.7 %

NYSE:MPW opened at $5.74 on Thursday. 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, Inc. has a one year low of $3.51 and a one year high of $6.55. The firm’s 50 day simple moving average is $4.52 and its 200 day simple moving average is $4.67. The company has a market cap of $3.44 billion, a PE ratio of -1.36, a P/E/G ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

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 given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 5.58%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -8.42%.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.53% of the stock is currently owned by company insiders.

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.