abrdn plc Boosts Position in Medical Properties Trust, Inc. (NYSE:MPW)

abrdn plc increased its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 10.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 588,001 shares of the real estate investment trust's stock after buying an additional 56,392 shares during the quarter. abrdn plc owned about 0.10% of Medical Properties Trust worth $2,187,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Silver Point Capital L.P. grew its stake in shares of Medical Properties Trust by 155.3% during the 3rd quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust's stock worth $35,100,000 after purchasing an additional 3,650,000 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Medical Properties Trust by 353.5% during the 3rd 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 worth $20,625,000 after purchasing an additional 2,748,245 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Medical Properties Trust by 21.7% during the 3rd 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 period. Advisors Asset Management Inc. grew its stake in shares of Medical Properties Trust by 16.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust's stock worth $7,998,000 after purchasing an additional 192,955 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of Medical Properties Trust by 435.5% during the 4th quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust's stock worth $3,649,000 after purchasing an additional 751,256 shares during the period. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Price Performance

Medical Properties Trust stock traded up $0.11 during trading on Friday, reaching $4.95. The company had a trading volume of 6,389,157 shares, compared to its average volume of 13,066,971. The firm's 50-day simple moving average is $4.23 and its 200 day simple moving average is $4.64. Medical Properties Trust, Inc. has a 1-year low of $3.45 and a 1-year high of $6.55. The firm has a market capitalization of $2.97 billion, a PE ratio of -1.17, a price-to-earnings-growth ratio of 1.05 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust Announces Dividend

The business 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 $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 6.47%. Medical Properties Trust's dividend payout ratio is currently -7.58%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MPW. Truist Financial dropped their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating on the stock in a research note on Thursday, December 19th. Mizuho dropped their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating on the stock in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $4.92.

Insider Buying and Selling at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the firm'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 owns 366,913 shares in the company, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.53% of the stock is currently owned by insiders.

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.