Samalin Investment Counsel LLC Sells 41,102 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Samalin Investment Counsel LLC reduced its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 27.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 108,236 shares of the real estate investment trust’s stock after selling 41,102 shares during the period. Samalin Investment Counsel LLC’s holdings in Medical Properties Trust were worth $428,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of MPW. Allworth Financial LP increased its holdings in shares of Medical Properties Trust by 230.4% during the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 4,241 shares in the last quarter. Truvestments Capital LLC acquired a new stake in Medical Properties Trust during the 3rd quarter valued at $31,000. RFG Advisory LLC acquired a new stake in Medical Properties Trust during the 4th quarter valued at $40,000. Silver Oak Securities Incorporated acquired a new position in Medical Properties Trust in the fourth quarter worth $40,000. Finally, Verus Capital Partners LLC bought a new stake in shares of Medical Properties Trust during the fourth quarter worth $40,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The shares were 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 approximately $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on MPW shares. Truist Financial decreased their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. Wells Fargo & Company raised their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Monday, March 10th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Finally, Royal Bank of Canada boosted their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Medical Properties Trust has an average rating of “Hold” and an average target price of $5.64.

Medical Properties Trust Stock Up 0.9 %

Shares of Medical Properties Trust stock opened at $6.00 on Monday. The business has a fifty day simple moving average of $5.04 and a 200 day simple moving average of $4.79. The stock has a market cap of $3.60 billion, a PE ratio of -1.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. Medical Properties Trust, Inc. has a 12 month low of $3.51 and a 12 month high of $6.55.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.34%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -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.