Atomi Financial Group Inc. Sells 25,182 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Atomi Financial Group Inc. cut its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 26.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,613 shares of the real estate investment trust’s stock after selling 25,182 shares during the period. Atomi Financial Group Inc.’s holdings in Medical Properties Trust were worth $283,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Silver Point Capital L.P. boosted its stake in Medical Properties Trust by 155.3% in the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock worth $35,100,000 after purchasing an additional 3,650,000 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Medical Properties Trust by 353.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock valued at $20,625,000 after purchasing an additional 2,748,245 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of Medical Properties Trust by 378.4% in the third quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock worth $5,183,000 after purchasing an additional 700,783 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Medical Properties Trust by 4.0% in the second quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust’s stock valued at $37,168,000 after acquiring an additional 328,184 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after buying an additional 303,628 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Up 2.6 %

Medical Properties Trust stock opened at $4.69 on Monday. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of -1.11, a PEG ratio of 0.80 and a beta of 1.29. Medical Properties Trust, Inc. has a 52-week low of $3.08 and a 52-week high of $6.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The firm has a 50 day moving average price of $4.09 and a two-hundred day moving average price of $4.65.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 6.82%. Medical Properties Trust’s payout ratio is -7.58%.

Wall Street Analyst Weigh In

A number of research firms have commented on MPW. Truist Financial reduced their price objective 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. Mizuho reduced their price objective on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. One investment 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. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $4.92.

Insider Buying and Selling

In other news, CAO James Kevin Hanna sold 11,641 shares of the 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 represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.53% of the stock is owned by 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.