Nisa Investment Advisors LLC Sells 20,729 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Nisa Investment Advisors LLC lowered its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 12.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,290 shares of the real estate investment trust’s stock after selling 20,729 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Medical Properties Trust were worth $591,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in shares of Medical Properties Trust by 4.0% in the 2nd 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 in the last quarter. Silver Point Capital L.P. grew its holdings in Medical Properties Trust by 155.3% during the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock valued at $35,100,000 after purchasing an additional 3,650,000 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position 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 during the period. JPMorgan Chase & Co. lifted its stake in shares of Medical Properties Trust by 21.7% in 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. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Medical Properties Trust by 16.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust’s stock worth $7,998,000 after buying an additional 192,955 shares during the period. 71.79% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the sale, the chief accounting officer now directly owns 366,913 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Trading Down 4.2 %

MPW opened at $4.46 on Wednesday. The firm’s fifty day moving average is $4.10 and its two-hundred day moving average is $4.65. The firm has a market cap of $2.67 billion, a PE ratio of -1.06, a price-to-earnings-growth ratio of 0.80 and a beta of 1.29. Medical Properties Trust, Inc. has a twelve month low of $3.08 and a twelve month 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.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 7.18%. The ex-dividend date of this dividend was Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is -7.58%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MPW shares. Mizuho lowered their price target on 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. Truist Financial lowered their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $4.92.

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.