AssuredPartners Investment Advisors LLC Makes New Investment in Medical Properties Trust, Inc. (NYSE:MPW)

AssuredPartners Investment Advisors LLC acquired a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 182,824 shares of the real estate investment trust's stock, valued at approximately $722,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Natixis Advisors LLC increased its stake in Medical Properties Trust by 5.6% during the third quarter. Natixis Advisors LLC now owns 80,028 shares of the real estate investment trust's stock valued at $468,000 after purchasing an additional 4,231 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Medical Properties Trust in the 3rd quarter valued at $283,000. Cerity Partners LLC grew its position in Medical Properties Trust by 22.8% during the 3rd quarter. Cerity Partners LLC now owns 112,571 shares of the real estate investment trust's stock worth $659,000 after purchasing an additional 20,908 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Medical Properties Trust by 7.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 211,296 shares of the real estate investment trust's stock valued at $1,236,000 after acquiring an additional 14,479 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Medical Properties Trust during the third quarter worth $76,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MPW shares. Wells Fargo & Company upped their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a research report on Monday, March 10th. Truist Financial reduced their target price on 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. Mizuho dropped their target price on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Thursday, December 5th. StockNews.com raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. Finally, Royal Bank of Canada boosted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a research note on Monday, March 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $5.64.

Medical Properties Trust Stock Down 0.1 %

MPW traded down $0.01 during trading on Tuesday, reaching $6.03. The company had a trading volume of 1,753,061 shares, compared to its average volume of 13,382,681. The company has a market cap of $3.62 billion, a P/E ratio of -1.43, a PEG ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a 12 month low of $3.51 and a 12 month high of $6.55. 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 business's fifty day moving average price is $5.29 and its 200 day moving average price is $4.84.

Medical Properties Trust Dividend Announcement

The business also recently announced 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. This represents a $0.32 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date is Monday, March 10th. Medical Properties Trust's payout ratio is presently -8.42%.

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.