Founders Financial Alliance LLC Has $50,000 Position in Medical Properties Trust, Inc. (NYSE:MPW)

Founders Financial Alliance LLC lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 41.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,582 shares of the real estate investment trust’s stock after selling 8,781 shares during the quarter. Founders Financial Alliance LLC’s holdings in Medical Properties Trust were worth $50,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Indie Asset Partners LLC raised its position in Medical Properties Trust by 16.7% in the fourth quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 2,204 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in shares of Medical Properties Trust by 2.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust’s stock worth $440,000 after buying an additional 2,948 shares during the period. Vanderbilt University boosted its stake in Medical Properties Trust by 7.5% in the 4th quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock valued at $177,000 after buying an additional 3,117 shares in the last quarter. CIBC Asset Management Inc raised its stake in Medical Properties Trust by 5.8% during the fourth quarter. CIBC Asset Management Inc now owns 60,065 shares of the real estate investment trust’s stock worth $237,000 after acquiring an additional 3,266 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of Medical Properties Trust by 23.0% during the fourth quarter. Concurrent Investment Advisors LLC now owns 17,606 shares of the real estate investment trust’s stock valued at $70,000 after acquiring an additional 3,294 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Insider Buying and Selling

In other news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the transaction, the chief accounting officer now 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Down 3.2 %

NYSE:MPW opened at $5.69 on Wednesday. The company has a market cap of $3.41 billion, a price-to-earnings ratio of -1.35, a P/E/G ratio of 1.01 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The stock’s fifty day moving average price is $4.69 and its two-hundred day moving average price is $4.70. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week high of $6.55.

Medical Properties Trust Announces Dividend

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 paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 5.63%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

Wall Street Analyst Weigh In

MPW has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. 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 reduced their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. Wells Fargo & Company raised their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Monday. Finally, Royal Bank of Canada boosted their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $4.93.

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.