Medical Properties Trust, Inc. (NYSE:MPW) Stake Raised by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 172.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,758 shares of the real estate investment trust’s stock after purchasing an additional 21,379 shares during the period. Sanctuary Advisors LLC’s holdings in Medical Properties Trust were worth $197,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Future Financial Wealth Managment LLC bought a new stake in shares of Medical Properties Trust during the 3rd quarter worth about $29,000. Truvestments Capital LLC acquired a new position in shares of Medical Properties Trust during the third quarter valued at approximately $31,000. GAMMA Investing LLC raised its holdings in Medical Properties Trust by 107.3% during 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 in the last quarter. Frank Rimerman Advisors LLC bought a new position in Medical Properties Trust during the 2nd quarter valued at $47,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of Medical Properties Trust during the 2nd quarter valued at $58,000. 71.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on MPW shares. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a research note on Friday, September 13th. Mizuho dropped their target price on shares of 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. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Finally, Truist Financial reduced their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. 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 company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $4.92.

Insider Buying and Selling at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction dated 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 approximately $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael G. Stewart sold 32,780 shares of the stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the transaction, the director now owns 221,245 shares in the company, valued at $1,207,997.70. The trade was a 12.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,421 shares of company stock valued at $233,293. 1.53% of the stock is currently owned by corporate insiders.

Medical Properties Trust Stock Performance

NYSE MPW opened at $3.73 on Monday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The company’s fifty day moving average is $4.30 and its two-hundred day moving average is $4.71. Medical Properties Trust, Inc. has a 52-week low of $2.92 and a 52-week high of $6.55. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of -0.88, a P/E/G ratio of 0.62 and a beta of 1.29.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be paid 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 8.58%. Medical Properties Trust’s 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.