Medical Properties Trust, Inc. (NYSE:MPW) CAO Sells $43,304.52 in Stock

Medical Properties Trust, Inc. (NYSE:MPW) CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Medical Properties Trust Trading Down 0.8 %

Shares of MPW opened at $3.73 on Friday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust, Inc. has a 12 month low of $2.92 and a 12 month high of $6.55. The stock has a market cap of $2.24 billion, a PE ratio of -0.88, a P/E/G ratio of 0.62 and a beta of 1.29. The stock’s 50-day moving average is $4.30 and its two-hundred day moving average is $4.71.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 8.58%. The ex-dividend date is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is presently -7.58%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on MPW. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective for the company in a research note on Friday, September 13th. Mizuho reduced their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Truist Financial lowered their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. Finally, Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $4.92.

Institutional Trading of Medical Properties Trust

Large investors have recently bought and sold shares of the company. Quadrature Capital Ltd purchased a new position in shares of Medical Properties Trust in the third quarter valued at $927,000. Wolverine Asset Management LLC boosted its position in Medical Properties Trust by 27.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust’s stock valued at $3,030,000 after buying an additional 112,721 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Medical Properties Trust by 353.5% during the third 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 valued at $20,625,000 after acquiring an additional 2,748,245 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Medical Properties Trust by 22.1% during the second quarter. Thrivent Financial for Lutherans now owns 793,003 shares of the real estate investment trust’s stock worth $3,418,000 after acquiring an additional 143,309 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new position in shares of Medical Properties Trust in the third quarter worth about $883,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

About Medical Properties Trust

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.