Natixis Advisors LLC Buys 4,231 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Natixis Advisors LLC boosted its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 5.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,028 shares of the real estate investment trust’s stock after buying an additional 4,231 shares during the period. Natixis Advisors LLC’s holdings in Medical Properties Trust were worth $468,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Future Financial Wealth Managment LLC purchased a new position in Medical Properties Trust in the third quarter worth $29,000. Versant Capital Management Inc lifted its stake in Medical Properties Trust by 435.0% in the second quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 6,482 shares during the last quarter. Iron Horse Wealth Management LLC lifted its stake in Medical Properties Trust by 166.7% in the second quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 5,000 shares during the last quarter. GAMMA Investing LLC lifted its stake in Medical Properties Trust by 107.3% in the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 3,145 shares during the last quarter. Finally, Gateway Investment Advisers LLC bought a new position in shares of Medical Properties Trust during the second quarter valued at about $45,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Medical Properties Trust Trading Up 1.6 %

NYSE:MPW opened at $4.33 on Friday. The company’s 50 day moving average price is $4.92 and its 200-day moving average price is $4.90. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of -1.03, a PEG ratio of 0.69 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.39%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust’s payout ratio is -7.58%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Truist Financial upped their price objective on shares of Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Friday, September 13th. Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. Finally, Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective on the stock in a report on Friday, September 13th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $5.50.

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.