TCG Advisory Services LLC Invests $659,000 in Medical Properties Trust, Inc. (NYSE:MPW)

TCG Advisory Services LLC bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 134,260 shares of the real estate investment trust’s stock, valued at approximately $659,000.

Other large investors also recently made changes to their positions in the company. Lasalle Investment Management Securities LLC lifted its holdings in shares of Medical Properties Trust by 49.6% during the third quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock worth $27,609,000 after buying an additional 1,680,200 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its holdings in Medical Properties Trust by 93.2% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 204,807 shares of the real estate investment trust’s stock valued at $1,117,000 after purchasing an additional 98,807 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Medical Properties Trust by 5.3% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,546,115 shares of the real estate investment trust’s stock worth $22,321,000 after purchasing an additional 228,716 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in shares of Medical Properties Trust during the fourth quarter worth approximately $109,000. Finally, Caxton Associates LP acquired a new stake in shares of Medical Properties Trust in the third quarter valued at approximately $2,628,000. Institutional investors own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on MPW. Colliers Securities lowered 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 research note on Wednesday, April 10th. StockNews.com downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Royal Bank of Canada reduced their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and upped their price target for the stock from $2.00 to $5.00 in a report on Wednesday, April 17th. Finally, Truist Financial lifted their price objective on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research note on Monday, April 8th. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.75.

Medical Properties Trust Price Performance

MPW stock traded up $0.03 during midday trading on Friday, reaching $4.87. 20,997,685 shares of the stock were exchanged, compared to its average volume of 15,077,110. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The company has a fifty day moving average price of $4.39 and a 200 day moving average price of $4.32. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.26 and a quick ratio of 2.26. The stock has a market capitalization of $2.92 billion, a PE ratio of -5.18, a P/E/G ratio of 0.55 and a beta of 1.19.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Monday, April 22nd were given a dividend of $0.15 per share. The ex-dividend date was Friday, April 19th. This represents a $0.60 annualized dividend and a yield of 12.32%. Medical Properties Trust’s dividend payout ratio is presently -63.83%.

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.