Sage Rhino Capital LLC Has $88,000 Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Sage Rhino Capital LLC decreased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 31.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,299 shares of the real estate investment trust’s stock after selling 10,158 shares during the period. Sage Rhino Capital LLC’s holdings in Medical Properties Trust were worth $88,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its holdings in Medical Properties Trust by 71.2% during the 4th quarter. Jones Financial Companies Lllp now owns 45,112 shares of the real estate investment trust’s stock worth $178,000 after purchasing an additional 18,754 shares during the last quarter. Metis Global Partners LLC boosted its stake in shares of Medical Properties Trust by 11.4% in the 4th quarter. Metis Global Partners LLC now owns 68,825 shares of the real estate investment trust’s stock valued at $272,000 after purchasing an additional 7,034 shares during the last quarter. Verus Capital Partners LLC bought a new position in shares of Medical Properties Trust in the 4th quarter valued at about $40,000. Versor Investments LP boosted its stake in shares of Medical Properties Trust by 192.3% in the 4th quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock valued at $1,126,000 after purchasing an additional 187,500 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of Medical Properties Trust in the 4th quarter valued at about $91,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at $1,364,916.36. The trade was a 3.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.53% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Truist Financial reduced their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. StockNews.com raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday. Finally, Mizuho lowered their target price 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. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and an average target price of $4.92.

Medical Properties Trust Price Performance

Shares of MPW stock opened at $5.78 on Tuesday. 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 capitalization of $3.47 billion, a price-to-earnings ratio of -1.37, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The firm has a fifty day moving average of $4.44 and a 200-day moving average of $4.66.

Medical Properties Trust Dividend Announcement

The company also recently declared 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 5.54%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -7.58%.

Medical Properties Trust Company 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.