Great Valley Advisor Group Inc. Makes New $68,000 Investment in Medical Properties Trust, Inc. (NYSE:MPW)

Great Valley Advisor Group Inc. purchased a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,803 shares of the real estate investment trust’s stock, valued at approximately $68,000.

Other hedge funds have also bought and sold shares of the company. Tucker Asset Management LLC grew its position in shares of Medical Properties Trust by 2,447.6% during the 3rd quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 7,661 shares in the last quarter. Cetera Trust Company N.A bought a new position in Medical Properties Trust during the 4th quarter worth $43,000. Cary Street Partners Investment Advisory LLC raised its holdings in Medical Properties Trust by 861.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,615 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 8,615 shares in the last quarter. Checchi Capital Advisers LLC bought a new stake in shares of Medical Properties Trust during the 3rd quarter valued at $56,000. Finally, Integrated Advisors Network LLC acquired a new stake in shares of Medical Properties Trust during the 3rd quarter worth $56,000. 71.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MPW has been the subject of several recent analyst reports. StockNews.com cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Colliers Securities downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $10.00 to $4.25 in a research report on Wednesday, April 10th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a report on Friday, March 1st. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price target for the stock from $2.00 to $5.00 in a report on Wednesday, April 17th. Finally, Royal Bank of Canada reduced their price objective on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 20th. Five analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $5.75.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $4.28 on Wednesday. The stock’s 50-day moving average is $4.41 and its 200-day moving average is $4.32. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.32. The stock has a market cap of $2.56 billion, a P/E ratio of -4.55, a price-to-earnings-growth ratio of 0.55 and a beta of 1.19.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 14.04%. The ex-dividend date of this dividend was Friday, April 19th. Medical Properties Trust’s payout ratio is -63.83%.

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.