Silver Point Capital L.P. Has $35.10 Million Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Silver Point Capital L.P. grew its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 155.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,000,000 shares of the real estate investment trust’s stock after purchasing an additional 3,650,000 shares during the period. Medical Properties Trust makes up about 2.4% of Silver Point Capital L.P.’s portfolio, making the stock its 5th biggest position. Silver Point Capital L.P.’s holdings in Medical Properties Trust were worth $35,100,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MPW. Dimensional Fund Advisors LP boosted its stake in shares of Medical Properties Trust by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust’s stock valued at $37,168,000 after purchasing an additional 328,184 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Medical Properties Trust by 22.6% in the second quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock valued at $29,775,000 after buying an additional 1,274,481 shares during the period. Wilsey Asset Management Inc. raised its holdings in Medical Properties Trust by 27.2% in the 2nd quarter. Wilsey Asset Management Inc. now owns 4,376,180 shares of the real estate investment trust’s stock valued at $18,861,000 after buying an additional 936,631 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Medical Properties Trust by 353.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock worth $20,625,000 after buying an additional 2,748,245 shares during the period. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Medical Properties Trust by 16.4% during the third quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust’s stock worth $7,998,000 after purchasing an additional 192,955 shares during the period. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Price Performance

Shares of NYSE MPW opened at $4.39 on Friday. The firm has a market capitalization of $2.64 billion, a P/E ratio of -1.04, a P/E/G ratio of 0.67 and a beta of 1.32. The firm’s 50-day moving average price is $4.86 and its 200-day moving average price is $4.88. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $6.55.

Medical Properties Trust Dividend Announcement

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

Analyst Ratings Changes

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

Insiders Place Their Bets

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

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.