Great Valley Advisor Group Inc. Acquires New Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Great Valley Advisor Group Inc. bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,803 shares of the real estate investment trust’s stock, valued at approximately $68,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Arizona State Retirement System grew its holdings in shares of Medical Properties Trust by 1.4% during the third quarter. Arizona State Retirement System now owns 170,355 shares of the real estate investment trust’s stock worth $928,000 after purchasing an additional 2,304 shares in the last quarter. abrdn plc increased its holdings in shares of Medical Properties Trust by 2.1% in the 3rd quarter. abrdn plc now owns 125,218 shares of the real estate investment trust’s stock worth $682,000 after buying an additional 2,622 shares during the last quarter. United Services Automobile Association raised its position in shares of Medical Properties Trust by 9.7% during the 3rd quarter. United Services Automobile Association now owns 42,220 shares of the real estate investment trust’s stock valued at $230,000 after buying an additional 3,721 shares in the last quarter. Meeder Advisory Services Inc. lifted its holdings in shares of Medical Properties Trust by 34.4% during the 3rd quarter. Meeder Advisory Services Inc. now owns 14,741 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 3,771 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Medical Properties Trust by 23.0% during the 4th quarter. CWM LLC now owns 21,323 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 3,993 shares during the last quarter. 71.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. StockNews.com cut Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target on the stock in a research report on Friday, March 1st. Colliers Securities downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $10.00 to $4.25 in a research note on Wednesday, April 10th. Royal Bank of Canada cut their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. Finally, Truist Financial lifted their target price on shares of Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a research report on Monday, April 8th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $5.75.

Medical Properties Trust Trading Down 5.0 %

MPW opened at $4.28 on Wednesday. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $10.74. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. The business has a 50 day simple moving average of $4.41 and a two-hundred day simple moving average of $4.32. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of -4.55, a PEG ratio of 0.55 and a beta of 1.19.

Medical Properties Trust Dividend Announcement

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