12,192 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Acquired by RiverFront Investment Group LLC

RiverFront Investment Group LLC bought a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 12,192 shares of the real estate investment trust’s stock, valued at approximately $48,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MPW. Allworth Financial LP increased its position in Medical Properties Trust by 230.4% during the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 4,241 shares during the last quarter. RFG Advisory LLC bought a new stake in shares of Medical Properties Trust during the 4th quarter valued at about $40,000. Silver Oak Securities Incorporated purchased a new stake in shares of Medical Properties Trust during the 4th quarter valued at about $40,000. Verus Capital Partners LLC bought a new position in shares of Medical Properties Trust in the 4th quarter worth approximately $40,000. Finally, RS Crum Inc. purchased a new position in shares of Medical Properties Trust in the fourth quarter worth approximately $40,000. 71.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on MPW shares. Truist Financial reduced 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. StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. Wells Fargo & Company lifted their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Finally, Royal Bank of Canada increased their target price 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. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Medical Properties Trust has an average rating of “Hold” and an average target price of $5.64.

Medical Properties Trust Stock Down 2.8 %

Shares of MPW opened at $6.04 on Friday. The business’s 50 day moving average is $5.25 and its 200 day moving average is $4.84. 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 company has a market capitalization of $3.62 billion, a PE ratio of -1.43, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

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 issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 5.30%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

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.