XTX Topco Ltd Trims Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

XTX Topco Ltd cut its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 89.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,387 shares of the real estate investment trust’s stock after selling 102,141 shares during the period. XTX Topco Ltd’s holdings in Medical Properties Trust were worth $72,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Zacks Investment Management acquired a new position in shares of Medical Properties Trust in the 3rd quarter valued at about $104,000. Quadrature Capital Ltd acquired a new position in Medical Properties Trust in the third quarter valued at approximately $927,000. Quantinno Capital Management LP boosted its position in Medical Properties Trust by 35.2% in the 3rd quarter. Quantinno Capital Management LP now owns 31,992 shares of the real estate investment trust’s stock worth $187,000 after purchasing an additional 8,338 shares in the last quarter. Quarry LP grew its stake in shares of Medical Properties Trust by 1,793.9% during the 3rd quarter. Quarry LP now owns 18,030 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 17,078 shares during the period. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of Medical Properties Trust by 31.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 21,404 shares of the real estate investment trust’s stock valued at $125,000 after purchasing an additional 5,099 shares in the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on MPW. Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target on the stock in a research report on Friday, September 13th. Truist Financial dropped their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday. Wolfe Research raised Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Finally, Mizuho dropped their price objective 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 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 company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.92.

Medical Properties Trust Price Performance

Shares of Medical Properties Trust stock opened at $3.86 on Friday. The stock has a market capitalization of $2.32 billion, a P/E ratio of -0.91, a PEG ratio of 0.62 and a beta of 1.29. The business has a 50 day simple moving average of $4.39 and a two-hundred day simple moving average of $4.76. Medical Properties Trust, Inc. has a 12 month low of $2.92 and a 12 month high of $6.55. 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 Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 8.29%. Medical Properties Trust’s payout ratio is currently -7.58%.

Insiders Place Their Bets

In other news, Director Michael G. Stewart sold 32,780 shares of the business’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total transaction of $178,978.80. Following the transaction, the director now directly owns 221,245 shares in the company, valued at $1,207,997.70. The trade was a 12.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.53% of the stock is currently owned by corporate insiders.

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.