Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 15.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 91,236 shares of the real estate investment trust’s stock after selling 16,325 shares during the period. Private Advisor Group LLC’s holdings in Medical Properties Trust were worth $360,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in Medical Properties Trust in the third quarter valued at approximately $31,000. Allworth Financial LP lifted its holdings in Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 4,241 shares during the last quarter. RFG Advisory LLC acquired a new position in Medical Properties Trust in the fourth quarter valued at approximately $40,000. Wealthstream Advisors Inc. acquired a new position in Medical Properties Trust in the third quarter valued at approximately $60,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Medical Properties Trust in the third quarter valued at approximately $61,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MPW has been the topic of a number of research analyst reports. StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday. Mizuho cut their target price 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. Finally, Truist Financial cut 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, December 19th. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $4.92.

Insider Buying and Selling

In other news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction dated 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 approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.53% of the stock is owned by company insiders.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $5.64 on Wednesday. The firm has a market capitalization of $3.38 billion, a PE ratio of -1.34, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. 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 business’s fifty day moving average price is $4.48 and its 200 day moving average price is $4.67. Medical Properties Trust, Inc. has a 12 month low of $3.51 and a 12 month high of $6.55.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 5.68%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

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.