Medical Properties Trust, Inc. (NYSE:MPW) Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd increased its position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 506.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,207 shares of the real estate investment trust's stock after acquiring an additional 52,790 shares during the period. Y Intercept Hong Kong Ltd's holdings in Medical Properties Trust were worth $250,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC acquired a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $31,000. Allworth Financial LP grew its holdings in shares of Medical Properties Trust by 230.4% in the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock worth $26,000 after acquiring an additional 4,241 shares during the period. RFG Advisory LLC acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $40,000. Wealthstream Advisors Inc. acquired a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $60,000. Finally, Townsquare Capital LLC acquired a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $62,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Analyst Upgrades and Downgrades

MPW has been the topic of a number of recent research reports. Mizuho reduced their target price on 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. StockNews.com raised Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. Finally, 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 note on Thursday, December 19th. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Medical Properties Trust currently has an average rating of "Hold" and an average target price of $4.92.

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Medical Properties Trust Trading Up 6.3 %

Shares of Medical Properties Trust stock traded up $0.36 during trading hours on Friday, reaching $6.01. 17,470,953 shares of the company's stock were exchanged, compared to its average volume of 13,426,655. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week high of $6.55. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of -1.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company has a fifty day moving average of $4.64 and a 200-day moving average of $4.70. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

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 dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date is Monday, March 10th. Medical Properties Trust's dividend payout ratio is presently -8.42%.

Insiders Place Their Bets

In other news, CAO James Kevin Hanna sold 11,641 shares of the company's stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the sale, the chief accounting officer now directly owns 366,913 shares in the company, valued at $1,364,916.36. This represents a 3.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.53% of the company's stock.

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.