Oxinas Partners Wealth Management LLC Purchases New Position in Medical Properties Trust, Inc. (NYSE:MPW)

Oxinas Partners Wealth Management LLC acquired a new stake in Medical Properties Trust, Inc. (NYSE:MPW) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 12,000 shares of the real estate investment trust’s stock, valued at approximately $56,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. acquired a new stake in Medical Properties Trust during the 3rd quarter worth approximately $79,000. Invesco Ltd. boosted its stake in Medical Properties Trust by 1.9% during the 3rd quarter. Invesco Ltd. now owns 2,833,532 shares of the real estate investment trust’s stock valued at $15,443,000 after purchasing an additional 53,074 shares during the last quarter. Alpine Global Management LLC bought a new stake in Medical Properties Trust during the third quarter worth $273,000. United Services Automobile Association lifted its position in shares of Medical Properties Trust by 9.7% during the third quarter. United Services Automobile Association now owns 42,220 shares of the real estate investment trust’s stock valued at $230,000 after purchasing an additional 3,721 shares in the last quarter. Finally, Gallagher Fiduciary Advisors LLC lifted its position in shares of Medical Properties Trust by 20.2% during the 3rd quarter. Gallagher Fiduciary Advisors LLC now owns 92,020 shares of the real estate investment trust’s stock worth $502,000 after buying an additional 15,462 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and increased their target price for the stock from $2.00 to $5.00 in a research note on Wednesday, April 17th. BNP Paribas lowered Medical Properties Trust from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $6.00 to $4.00 in a report on Tuesday. Truist Financial upped their target price on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a research report on Thursday, May 30th. Finally, Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $10.00 to $4.25 in a report on Wednesday, April 10th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $5.61.

Medical Properties Trust Stock Performance

MPW traded down $0.07 during trading on Tuesday, hitting $4.02. The company’s stock had a trading volume of 20,977,691 shares, compared to its average volume of 20,317,980. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $10.74. The business’s 50 day simple moving average is $4.91 and its 200-day simple moving average is $4.36. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51. The firm has a market cap of $2.41 billion, a PE ratio of -1.81, a P/E/G ratio of 0.62 and a beta of 1.27.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Monday, June 10th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.93%. The ex-dividend date of this dividend is Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -27.03%.

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.