Medical Properties Trust, Inc. (NYSE:MPW) Shares Purchased by Moors & Cabot Inc.

Moors & Cabot Inc. lifted its position in Medical Properties Trust, Inc. (NYSE:MPW) by 26.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,490 shares of the real estate investment trust’s stock after purchasing an additional 3,063 shares during the quarter. Moors & Cabot Inc.’s holdings in Medical Properties Trust were worth $134,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Register Financial Advisors LLC acquired a new stake in Medical Properties Trust during the 1st quarter worth approximately $25,000. Armstrong Advisory Group Inc. lifted its position in Medical Properties Trust by 158.9% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 2,933 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 1,800 shares during the period. Massmutual Trust Co. FSB ADV lifted its position in Medical Properties Trust by 87.7% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 2,881 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 1,346 shares during the period. Nvwm LLC acquired a new stake in Medical Properties Trust during the 1st quarter worth approximately $28,000. Finally, Iron Horse Wealth Management LLC lifted its position in Medical Properties Trust by 100.0% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 3,000 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 1,500 shares during the period. 76.46% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $4.85 on Tuesday. The business’s fifty day moving average price is $5.17 and its two-hundred day moving average price is $7.40. The stock has a market cap of $2.90 billion, a PE ratio of -69.21, a price-to-earnings-growth ratio of 0.98 and a beta of 1.14. The company has a debt-to-equity ratio of 1.23, a quick ratio of 3.52 and a current ratio of 3.52. Medical Properties Trust, Inc. has a one year low of $4.04 and a one year high of $14.00.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 11th. Stockholders of record on Thursday, December 7th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 12.38%. The ex-dividend date of this dividend is Wednesday, December 6th. Medical Properties Trust’s dividend payout ratio (DPR) is -857.14%.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Stifel Nicolaus cut Medical Properties Trust from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $12.00 to $4.50 in a research report on Friday, November 10th. Wells Fargo & Company downgraded Medical Properties Trust from an “equal weight” rating to an “underweight” rating and cut their target price for the stock from $7.00 to $4.00 in a research note on Monday, October 16th. TheStreet downgraded Medical Properties Trust from a “c-” rating to a “d+” rating in a research note on Thursday, October 19th. Bank of America downgraded Medical Properties Trust from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $9.00 to $8.00 in a research note on Friday, August 11th. Finally, Barclays cut their target price on Medical Properties Trust from $12.00 to $10.00 and set an “overweight” rating for the company in a research note on Tuesday, August 22nd. Four research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $8.83.

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.