Wilsey Asset Management Inc. Has $18.38 Million Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Wilsey Asset Management Inc. lifted its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 8.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,652,803 shares of the real estate investment trust’s stock after buying an additional 362,582 shares during the period. Medical Properties Trust makes up approximately 3.4% of Wilsey Asset Management Inc.’s investment portfolio, making the stock its 16th biggest position. Wilsey Asset Management Inc. owned about 0.77% of Medical Properties Trust worth $18,379,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Silver Point Capital L.P. lifted its position in shares of Medical Properties Trust by 155.3% during the 3rd quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock valued at $35,100,000 after acquiring an additional 3,650,000 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Medical Properties Trust by 353.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock worth $20,625,000 after purchasing an additional 2,748,245 shares during the period. SG Americas Securities LLC grew its stake in Medical Properties Trust by 435.5% during the fourth quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust’s stock worth $3,649,000 after buying an additional 751,256 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Medical Properties Trust by 378.4% in the 3rd quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock valued at $5,183,000 after buying an additional 700,783 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Medical Properties Trust by 21.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after buying an additional 303,628 shares in the last quarter. Institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MPW shares. Truist Financial reduced their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. Mizuho reduced their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, Medical Properties Trust presently has an average rating of “Hold” and an average target price of $4.92.

Insider Buying and Selling at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction that occurred 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 transaction, 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Down 2.4 %

Shares of NYSE:MPW opened at $4.78 on Monday. Medical Properties Trust, Inc. has a 52-week low of $3.22 and a 52-week high of $6.55. The company has a market capitalization of $2.87 billion, a PE ratio of -1.13, a price-to-earnings-growth ratio of 1.05 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 company has a fifty day moving average of $4.17 and a 200-day moving average of $4.64.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were issued a $0.08 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 6.70%. Medical Properties Trust’s payout ratio is presently -7.58%.

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.