Verus Capital Partners LLC Invests $40,000 in Medical Properties Trust, Inc. (NYSE:MPW)

Verus Capital Partners LLC acquired a new stake in Medical Properties Trust, Inc. (NYSE:MPW) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,000 shares of the real estate investment trust’s stock, valued at approximately $40,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Allworth Financial LP grew its position in shares of Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 4,241 shares during the period. Truvestments Capital LLC purchased a new stake in shares of Medical Properties Trust in the third quarter valued at $31,000. RFG Advisory LLC purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at $40,000. Silver Oak Securities Incorporated purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at $40,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at $44,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Insider Transactions at Medical Properties Trust

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

Medical Properties Trust Price Performance

MPW stock opened at $5.90 on Friday. The stock has a 50-day moving average price of $4.44 and a two-hundred day moving average price of $4.66. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a market cap of $3.54 billion, a PE ratio of -1.40, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 5.43%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s payout ratio is -7.58%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Truist Financial lowered their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Mizuho lowered their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $4.92.

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.