Sage Capital Advisors llc Invests $77,000 in Medical Properties Trust, Inc. (NYSE:MPW)

Sage Capital Advisors llc bought a new position in Medical Properties Trust, Inc. (NYSE:MPW) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 19,400 shares of the real estate investment trust’s stock, valued at approximately $77,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Future Financial Wealth Managment LLC bought a new position in shares of Medical Properties Trust in the third quarter worth about $29,000. Truvestments Capital LLC bought a new stake in Medical Properties Trust during the 3rd quarter worth approximately $31,000. GAMMA Investing LLC boosted its position in shares of Medical Properties Trust by 107.3% in the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 3,145 shares during the period. Frank Rimerman Advisors LLC purchased a new stake in shares of Medical Properties Trust in the second quarter worth $47,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Medical Properties Trust during the 2nd quarter valued at $56,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction on 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 directly owns 366,913 shares in the company, valued at $1,364,916.36. This trade 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 through this hyperlink. Insiders own 1.53% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on MPW. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a report on Friday, September 13th. Truist Financial cut their target price 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. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. Finally, Mizuho reduced their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $4.92.

Medical Properties Trust Price Performance

Shares of NYSE MPW traded down $0.16 during midday trading on Friday, reaching $3.75. 16,127,950 shares of the stock traded hands, compared to its average volume of 12,453,256. The company’s 50 day moving average is $4.16 and its 200 day moving average is $4.65. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $6.55. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The stock has a market capitalization of $2.25 billion, a PE ratio of -0.89, a P/E/G ratio of 0.62 and a beta of 1.29.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were paid a $0.08 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 8.53%. Medical Properties Trust’s payout ratio is currently -7.58%.

Medical Properties Trust 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.