Silver Point Capital L.P. Increases Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Silver Point Capital L.P. increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 155.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,000,000 shares of the real estate investment trust’s stock after acquiring an additional 3,650,000 shares during the period. Medical Properties Trust comprises about 2.4% of Silver Point Capital L.P.’s portfolio, making the stock its 5th largest position. Silver Point Capital L.P. owned about 1.00% of Medical Properties Trust worth $35,100,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new stake in Medical Properties Trust in the 3rd quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new stake in Medical Properties Trust in the 3rd quarter valued at $31,000. Versant Capital Management Inc boosted its stake in shares of Medical Properties Trust by 435.0% during the 2nd quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 6,482 shares during the last quarter. Iron Horse Wealth Management LLC grew its holdings in shares of Medical Properties Trust by 166.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 5,000 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Medical Properties Trust by 107.3% in the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 3,145 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 1.4 %

Shares of NYSE:MPW opened at $4.39 on Friday. The stock has a market cap of $2.64 billion, a PE ratio of -1.04, a P/E/G ratio of 0.67 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 $2.92 and a 12-month high of $6.55. The business has a 50 day moving average of $4.86 and a 200-day moving average of $4.88.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.29%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

Insider Activity

In related news, Director Elizabeth N. Pitman purchased 8,087 shares of Medical Properties Trust stock in a transaction that occurred on Wednesday, September 18th. The shares were acquired at an average price of $6.01 per share, with a total value of $48,602.87. Following the completion of the transaction, the director now directly owns 76,740 shares of the company’s stock, valued at $461,207.40. This represents a 11.78 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael G. Stewart sold 32,780 shares of the firm’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total value of $178,978.80. Following the transaction, the director now owns 221,245 shares in the company, valued at approximately $1,207,997.70. This trade represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. 1.53% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Truist Financial increased their price target on Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a research report on Friday, September 13th. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a research note on Friday, September 13th. Finally, Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $5.58.

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.