Mutual of America Capital Management LLC Reduces Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Mutual of America Capital Management LLC lowered its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 8.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 90,251 shares of the real estate investment trust’s stock after selling 8,418 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Medical Properties Trust were worth $528,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MPW. Ables Iannone Moore & Associates Inc. boosted its holdings in Medical Properties Trust by 3.4% in the third quarter. Ables Iannone Moore & Associates Inc. now owns 58,707 shares of the real estate investment trust’s stock valued at $343,000 after purchasing an additional 1,939 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in shares of Medical Properties Trust by 0.6% in the second quarter. Wolverine Asset Management LLC now owns 405,145 shares of the real estate investment trust’s stock worth $1,746,000 after buying an additional 2,246 shares during the last quarter. KG&L Capital Management LLC grew its holdings in Medical Properties Trust by 5.3% during the third quarter. KG&L Capital Management LLC now owns 50,875 shares of the real estate investment trust’s stock worth $298,000 after acquiring an additional 2,550 shares during the period. Keynote Financial Services LLC raised its position in Medical Properties Trust by 4.8% during the second quarter. Keynote Financial Services LLC now owns 59,188 shares of the real estate investment trust’s stock valued at $255,000 after acquiring an additional 2,715 shares in the last quarter. Finally, Arizona State Retirement System lifted its holdings in Medical Properties Trust by 1.9% in the second quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock valued at $723,000 after acquiring an additional 3,103 shares during the period. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MPW. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective on the stock in a research note on Friday, September 13th. Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Finally, Truist Financial lifted their price objective on shares of Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a report on Friday, September 13th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $5.50.

Insider Buying and Selling

In other Medical Properties Trust news, Director Elizabeth N. Pitman bought 8,087 shares of the stock in a transaction on Wednesday, September 18th. The shares were bought at an average price of $6.01 per share, with a total value of $48,602.87. Following the purchase, the director now directly owns 76,740 shares in the company, valued at $461,207.40. This trade represents a 11.78 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Michael G. Stewart sold 32,780 shares of the company’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total transaction of $178,978.80. Following the sale, the director now directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. The trade was a 12.90 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.53% of the company’s stock.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $4.27 on Wednesday. The stock has a market capitalization of $2.56 billion, a P/E ratio of -1.01, a P/E/G ratio of 0.66 and a beta of 1.32. The company’s fifty day moving average price is $4.99 and its 200 day moving average price is $4.90. 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, Inc. has a 1 year low of $2.92 and a 1 year high of $6.55.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.49%. Medical Properties Trust’s dividend 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.