Welch Group LLC Has $124,000 Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Welch Group LLC trimmed its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 16.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,256 shares of the real estate investment trust’s stock after selling 6,469 shares during the period. Welch Group LLC’s holdings in Medical Properties Trust were worth $124,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. KG&L Capital Management LLC boosted its position in shares of Medical Properties Trust by 5.3% during 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 in the last quarter. GAMMA Investing LLC boosted its stake in Medical Properties Trust by 107.3% in the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 3,145 shares in the last quarter. Commerce Bank increased its position in shares of Medical Properties Trust by 4.0% during the 3rd quarter. Commerce Bank now owns 89,058 shares of the real estate investment trust’s stock worth $521,000 after purchasing an additional 3,435 shares in the last quarter. Natixis Advisors LLC lifted its holdings in Medical Properties Trust by 5.6% during the 3rd quarter. Natixis Advisors LLC now owns 80,028 shares of the real estate investment trust’s stock valued at $468,000 after purchasing an additional 4,231 shares during the last quarter. Finally, Grant GrossMendelsohn LLC grew its position in Medical Properties Trust by 22.7% during the 4th quarter. Grant GrossMendelsohn LLC now owns 25,372 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 4,686 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Insider Buying and Selling

In other news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the sale, the chief accounting officer now directly owns 366,913 shares of the company’s stock, 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 filing with the SEC, which is available at this link. 1.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Truist Financial decreased their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. 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 report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $4.92.

Medical Properties Trust Trading Down 0.3 %

NYSE MPW opened at $4.79 on Wednesday. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of -1.13, a PEG ratio of 0.86 and a beta of 1.32. Medical Properties Trust, Inc. has a 52 week low of $3.13 and a 52 week high of $6.55. The stock’s 50 day moving average price is $4.14 and its two-hundred day moving average price is $4.64. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.69%. The ex-dividend date was Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

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.