Coign Capital Advisors LLC Invests $137,000 in Medical Properties Trust, Inc. (NYSE:MPW)

Coign Capital Advisors LLC acquired a new stake in Medical Properties Trust, Inc. (NYSE:MPW) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 34,695 shares of the real estate investment trust’s stock, valued at approximately $137,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP increased its position 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 buying an additional 4,241 shares in the last quarter. RFG Advisory LLC purchased a new position in Medical Properties Trust during the 4th quarter valued at about $40,000. Silver Oak Securities Incorporated acquired a new position in Medical Properties Trust during the fourth quarter worth about $40,000. Verus Capital Partners LLC purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $40,000. Finally, RS Crum Inc. purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $40,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Stock Down 3.8 %

Shares of NYSE:MPW opened at $5.16 on Friday. The stock’s 50-day moving average price is $5.45 and its two-hundred day moving average price is $4.81. 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, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of -1.22, a PEG ratio of 1.01 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 10th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.21%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

Analysts Set New Price Targets

MPW has been the subject of several research reports. Royal Bank of Canada lifted their price objective 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. Truist Financial cut their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. Finally, Wells Fargo & Company raised their price target 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 investment analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $5.64.

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.