Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 7.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 55,078 shares of the real estate investment trust’s stock after selling 4,292 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Medical Properties Trust were worth $218,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MPW. Cetera Investment Advisers lifted its holdings in Medical Properties Trust by 1.7% in the 2nd quarter. Cetera Investment Advisers now owns 353,121 shares of the real estate investment trust’s stock valued at $1,522,000 after purchasing an additional 5,874 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Medical Properties Trust during the second quarter valued at approximately $56,000. GAMMA Investing LLC boosted its position 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 acquiring an additional 3,145 shares during the last quarter. Regent Peak Wealth Advisors LLC acquired a new stake in Medical Properties Trust during the third quarter worth approximately $125,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Medical Properties Trust by 14.6% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 111,807 shares of the real estate investment trust’s stock worth $654,000 after acquiring an additional 14,219 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Wall Street Analyst Weigh In

MPW has been the topic of several analyst reports. Truist Financial decreased their price objective 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. Mizuho decreased their price target 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 analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $4.92.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the sale, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.53% of the company’s stock.

Medical Properties Trust Trading Down 0.6 %

Shares of MPW stock opened at $4.72 on Thursday. The firm has a market cap of $2.83 billion, a P/E ratio of -1.12, a PEG ratio of 1.05 and a beta of 1.32. Medical Properties Trust, Inc. has a 1-year low of $3.35 and a 1-year 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. The firm’s 50-day simple moving average is $4.20 and its 200-day simple moving average is $4.63.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were issued a dividend of $0.08 per share. The ex-dividend date was Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 6.78%. 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.