11 Best REIT Stocks To Buy Under $10

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7. Medical Properties Trust, Inc. (NYSE:MPW)

Share Price as of October 26: $4.62

Number of Hedge Fund Holders: 19

Medical Properties Trust, Inc. (NYSE:MPW) is a real estate investment trust that focuses on long-term real estate investments in community hospitals. The firm owns hospitals in 31 states in the US and eight countries internationally including the United Kingdom, Germany, Finland, Spain, Italy, Switzerland, Portugal, and Colombia.

MPW has grown from its inception in Birmingham, Alabama to being one of the largest global owners of hospital real estate. It is the first and the only company of its kind to focus exclusively on hospital facilities in the United States and globally. The firm serves as the second largest owner of hospital beds worldwide with approximately 42,000 and a US portfolio of $9.2 billion, as of June 30, 2024.

Corporate updates from Medical Properties Trust, Inc. (NYSE:MPW) during and subsequent to the second quarter include the company closing on the sale of five previously leased hospitals to Prime Healthcare and on the sale of a 75% interest in five Utah hospitals leased to CommonSpirit to a new joint venture with an institutional investor. It also completed a £631 million secured financing of 27 U.K. hospitals leased to Circle Health.

Medical Properties Trust, Inc. (NYSE:MPW) remains experienced in unlocking the value of hospital real estate for growth and is preferred by top operators across the world. As of 2024’s second quarter, the stock is held by 19 hedge funds.

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