Medical Properties Trust, Inc. (NYSE:MPW) Shares Acquired by Wilsey Asset Management Inc.

Wilsey Asset Management Inc. grew its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 8.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,652,803 shares of the real estate investment trust's stock after acquiring an additional 362,582 shares during the period. Medical Properties Trust comprises 3.4% of Wilsey Asset Management Inc.'s holdings, making the stock its 16th biggest position. Wilsey Asset Management Inc. owned about 0.77% of Medical Properties Trust worth $18,379,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MPW. Silver Point Capital L.P. boosted its holdings in Medical Properties Trust by 155.3% in the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust's stock valued at $35,100,000 after purchasing an additional 3,650,000 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Medical Properties Trust by 353.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust's stock worth $20,625,000 after acquiring an additional 2,748,245 shares during the period. JPMorgan Chase & Co. raised its position in Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust's stock valued at $9,973,000 after acquiring an additional 303,628 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in Medical Properties Trust by 16.4% in the third quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust's stock valued at $7,998,000 after acquiring an additional 192,955 shares during the period. Finally, SG Americas Securities LLC boosted its position in Medical Properties Trust by 435.5% in the 4th quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust's stock worth $3,649,000 after purchasing an additional 751,256 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Analyst Ratings Changes

MPW has been the subject of several recent research reports. 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 report on Thursday, December 19th. Mizuho cut their price objective 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $4.92.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the sale, the chief accounting officer now directly owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.53% of the company's stock.

Medical Properties Trust Price Performance

Shares of NYSE:MPW traded up $0.15 during midday trading on Thursday, reaching $4.85. 7,263,016 shares of the company's stock traded hands, compared to its average volume of 13,296,652. The company has a fifty day simple moving average of $4.20 and a two-hundred day simple moving average of $4.63. Medical Properties Trust, Inc. has a 1 year low of $3.45 and a 1 year high of $6.55. The company has a market cap of $2.91 billion, a P/E ratio of -1.15, a PEG ratio of 1.05 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 6.60%. Medical Properties Trust's dividend payout ratio (DPR) is -7.58%.

Medical Properties Trust Company 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.