Medical Properties Trust, Inc. (NYSE:MPW) CAO Sells 11,641 Shares of Stock

Medical Properties Trust, Inc. (NYSE:MPW) CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the transaction, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Medical Properties Trust Stock Down 0.8 %

Shares of Medical Properties Trust stock opened at $3.73 on Friday. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $6.55. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of -0.88, a PEG ratio of 0.62 and a beta of 1.29. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The business’s 50 day simple moving average is $4.30 and its 200-day simple moving average is $4.71.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be paid 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 payout ratio is -7.58%.

Hedge Funds Weigh In On Medical Properties Trust

Several institutional investors have recently modified their holdings of the company. Ables Iannone Moore & Associates Inc. lifted its position in Medical Properties Trust by 3.4% in the 3rd quarter. Ables Iannone Moore & Associates Inc. now owns 58,707 shares of the real estate investment trust’s stock valued at $343,000 after purchasing an additional 1,939 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in Medical Properties Trust by 0.6% in the 2nd quarter. Wolverine Asset Management LLC now owns 405,145 shares of the real estate investment trust’s stock worth $1,746,000 after buying an additional 2,246 shares in the last quarter. KG&L Capital Management LLC increased its position in Medical Properties Trust by 5.3% in the 3rd quarter. KG&L Capital Management LLC now owns 50,875 shares of the real estate investment trust’s stock valued at $298,000 after acquiring an additional 2,550 shares during the period. Arizona State Retirement System raised its stake in Medical Properties Trust by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock valued at $723,000 after acquiring an additional 3,103 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in Medical Properties Trust by 107.3% during the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 3,145 shares during the period. Institutional investors own 71.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MPW shares. Truist Financial cut their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a research report on Friday, September 13th. Finally, Mizuho dropped their price target 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. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Medical Properties Trust presently has an average rating of “Hold” and a consensus target price of $4.92.

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.