Metis Global Partners LLC Boosts Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Metis Global Partners LLC increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 11.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,825 shares of the real estate investment trust’s stock after buying an additional 7,034 shares during the period. Metis Global Partners LLC’s holdings in Medical Properties Trust were worth $272,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Verus Capital Partners LLC purchased a new stake in Medical Properties Trust during the fourth quarter worth about $40,000. Versor Investments LP increased its stake in shares of Medical Properties Trust by 192.3% in the fourth quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock worth $1,126,000 after purchasing an additional 187,500 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Medical Properties Trust in the fourth quarter worth about $91,000. Y Intercept Hong Kong Ltd increased its stake in shares of Medical Properties Trust by 506.8% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust’s stock worth $250,000 after purchasing an additional 52,790 shares in the last quarter. Finally, Indie Asset Partners LLC increased its stake in shares of 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. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction 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. The trade was a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.53% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on MPW. Truist Financial reduced their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, December 19th. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday. Finally, Mizuho reduced their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, Medical Properties Trust currently has an average rating of “Hold” and a consensus price target of $4.92.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $5.66 on Friday. The company has a 50 day moving average of $4.56 and a 200 day moving average of $4.68. The stock has a market cap of $3.40 billion, a P/E ratio of -1.34, a P/E/G ratio of 1.01 and a beta of 1.32. 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.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 5.66%. Medical Properties Trust’s dividend payout ratio is currently -8.42%.

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.