Jones Financial Companies Lllp Raises Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Jones Financial Companies Lllp boosted its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 71.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 45,112 shares of the real estate investment trust’s stock after buying an additional 18,754 shares during the period. Jones Financial Companies Lllp’s holdings in Medical Properties Trust were worth $178,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Aptus Capital Advisors LLC bought a new position in shares of Medical Properties Trust during the 3rd quarter valued at about $87,000. Victory Capital Management Inc. boosted its holdings in shares of Medical Properties Trust by 11.5% during the 3rd quarter. Victory Capital Management Inc. now owns 206,680 shares of the real estate investment trust’s stock valued at $1,209,000 after purchasing an additional 21,260 shares during the last quarter. Metis Global Partners LLC boosted its holdings in shares of Medical Properties Trust by 31.3% during the 3rd quarter. Metis Global Partners LLC now owns 61,791 shares of the real estate investment trust’s stock valued at $361,000 after purchasing an additional 14,742 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Medical Properties Trust during the 3rd quarter valued at about $91,000. Finally, Natixis Advisors LLC boosted its holdings in shares of Medical Properties Trust by 5.6% during the 3rd quarter. Natixis Advisors LLC now owns 80,028 shares of the real estate investment trust’s stock valued at $468,000 after purchasing an additional 4,231 shares during the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on MPW. Mizuho dropped 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. Truist Financial lowered their price target 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. Wells Fargo & Company increased their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Monday, March 10th. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Finally, Royal Bank of Canada increased their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, March 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and a consensus price target of $5.64.

Insider Transactions at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the transaction, the chief accounting officer now directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Up 0.8 %

Shares of NYSE MPW opened at $5.87 on Friday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The company has a market cap of $3.52 billion, a P/E ratio of -1.39, a PEG 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 firm has a 50-day simple moving average of $4.80 and a two-hundred day simple moving average of $4.73.

Medical Properties Trust Announces Dividend

The company also recently disclosed 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 annualized dividend and a yield of 5.46%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s payout ratio is currently -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.