Jackson Thornton Wealth Management LLC bought a new position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 51,985 shares of the real estate investment trust's stock, valued at approximately $205,000.
A number of other large investors have also bought and sold shares of the business. 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 acquired a new position in Medical Properties Trust during the 3rd quarter worth about $31,000. RFG Advisory LLC acquired a new stake in Medical Properties Trust in the 4th quarter valued at about $40,000. Silver Oak Securities Incorporated bought a new position in shares of Medical Properties Trust in the fourth quarter worth about $40,000. Finally, Verus Capital Partners LLC acquired a new position in shares of Medical Properties Trust during the fourth quarter worth approximately $40,000. 71.79% of the stock is currently owned by institutional investors.
Medical Properties Trust Stock Down 2.8 %
Shares of NYSE:MPW traded down $0.18 during mid-day trading on Friday, reaching $6.04. 7,559,022 shares of the stock were exchanged, compared to its average volume of 13,451,019. The stock's 50 day simple moving average is $5.25 and its 200-day simple moving average is $4.84. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55. The company has a market cap of $3.62 billion, a P/E ratio of -1.43, a P/E/G ratio of 1.01 and a beta of 1.32. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.
Medical Properties Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 5.30%. Medical Properties Trust's dividend payout ratio is currently -8.42%.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. Mizuho lowered their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Thursday, December 5th. Wells Fargo & Company upped their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and upped their target price for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Royal Bank of Canada raised their price target on Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a research report on Monday, March 10th. Finally, StockNews.com upgraded Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have given 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 an average price target of $5.64.
Get Our Latest Stock Analysis on MPW
Medical Properties Trust Profile
(
Free Report)
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.
Further Reading
Before you consider Medical Properties Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Medical Properties Trust wasn't on the list.
While Medical Properties Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
