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

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

Other large investors also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its position in Medical Properties Trust by 230.4% during 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 during the period. Truvestments Capital LLC bought a new stake in shares of Medical Properties Trust during the 3rd quarter worth $31,000. RFG Advisory LLC acquired a new position in Medical Properties Trust in the 4th quarter valued at $40,000. Silver Oak Securities Incorporated bought a new position in Medical Properties Trust in the 4th quarter worth $40,000. Finally, Verus Capital Partners LLC acquired a new position in Medical Properties Trust during the 4th quarter worth $40,000. 71.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on MPW. StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. Royal Bank of Canada increased 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 dropped their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating on the stock in a research report on Thursday, December 5th. Truist Financial cut their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating for the company in a research note on Thursday, December 19th. Finally, BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and raised their price target for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. One equities 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $5.64.

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Medical Properties Trust Price Performance

MPW stock traded down $0.04 during midday trading on Monday, reaching $6.01. 4,267,833 shares of the company's stock traded hands, compared to its average volume of 13,415,003. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a 50-day simple moving average of $5.25 and a two-hundred day simple moving average of $4.84. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a market cap of $3.61 billion, a price-to-earnings ratio of -1.42, a PEG ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders 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 5.33%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust's payout ratio is -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.