Sage Rhino Capital LLC Sells 10,158 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Sage Rhino Capital LLC lowered its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 31.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,299 shares of the real estate investment trust’s stock after selling 10,158 shares during the quarter. Sage Rhino Capital LLC’s holdings in Medical Properties Trust were worth $88,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Jones Financial Companies Lllp increased its position in Medical Properties Trust by 71.2% during the fourth quarter. Jones Financial Companies Lllp now owns 45,112 shares of the real estate investment trust’s stock worth $178,000 after acquiring an additional 18,754 shares during the period. Metis Global Partners LLC boosted its stake in Medical Properties Trust by 11.4% during the fourth quarter. Metis Global Partners LLC now owns 68,825 shares of the real estate investment trust’s stock worth $272,000 after buying an additional 7,034 shares in the last quarter. Verus Capital Partners LLC acquired a new stake in Medical Properties Trust during the fourth quarter worth $40,000. Versor Investments LP boosted its stake in Medical Properties Trust by 192.3% during the fourth quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock worth $1,126,000 after buying an additional 187,500 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in Medical Properties Trust during the fourth quarter worth $91,000. Institutional investors own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday. Mizuho decreased their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Finally, Truist Financial decreased 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 note on Thursday, December 19th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and a consensus price target of $4.92.

Medical Properties Trust Stock Down 2.0 %

Shares of NYSE:MPW opened at $5.78 on Tuesday. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. 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’s fifty day moving average is $4.44 and its 200-day moving average is $4.66. The company has a market capitalization of $3.47 billion, a PE ratio of -1.37, a P/E/G ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

The company also recently announced 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 is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 5.54%. Medical Properties Trust’s dividend payout ratio is presently -7.58%.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction 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 sale, the chief accounting officer now owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.53% of the stock is owned by corporate insiders.

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.