Medical Properties Trust, Inc. (NYSE:MPW) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 9.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,493,176 shares of the real estate investment trust's stock after purchasing an additional 125,919 shares during the quarter. Advisors Asset Management Inc. owned about 0.25% of Medical Properties Trust worth $5,898,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new stake in Medical Properties Trust in the 3rd quarter valued at $31,000. Allworth Financial LP grew its holdings in shares of 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 valued at $26,000 after purchasing an additional 4,241 shares during the period. Verus Capital Partners LLC acquired a new stake in Medical Properties Trust during the fourth quarter worth about $40,000. RS Crum Inc. purchased a new position in Medical Properties Trust during the fourth quarter worth about $40,000. Finally, RFG Advisory LLC acquired a new position in Medical Properties Trust in the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Analyst Ratings Changes

MPW has been the subject of a number of recent analyst reports. Royal Bank of Canada raised their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a 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 on the stock in a research report on Thursday, December 19th. Mizuho lowered their price target 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 Medical Properties Trust from a "sell" rating to a "hold" rating in a research report on Monday, March 3rd. Finally, Wells Fargo & Company increased their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a research note on Monday, March 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $5.64.

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Insiders Place Their Bets

In other news, CAO James Kevin Hanna sold 11,641 shares of the firm's stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the sale, the chief accounting officer now owns 366,913 shares of the company's stock, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.53% of the stock is owned by company insiders.

Medical Properties Trust Stock Up 2.1 %

Shares of Medical Properties Trust stock traded up $0.13 on Monday, reaching $6.11. 9,763,336 shares of the company were exchanged, compared to its average volume of 13,572,166. The stock's 50 day moving average price is $5.04 and its 200-day moving average price is $4.79. The company has a market cap of $3.67 billion, a P/E ratio of -1.45, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year 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.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders 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 5.24%. The ex-dividend date is Monday, March 10th. Medical Properties Trust's dividend payout ratio is presently -8.42%.

Medical Properties Trust 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.