Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC cut its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 42.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,218 shares of the real estate investment trust’s stock after selling 9,800 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Medical Properties Trust were worth $52,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Ables Iannone Moore & Associates Inc. grew its position in shares of 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. KG&L Capital Management LLC lifted its holdings in Medical Properties Trust by 5.3% in the 3rd quarter. KG&L Capital Management LLC now owns 50,875 shares of the real estate investment trust’s stock valued at $298,000 after purchasing an additional 2,550 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Medical Properties Trust by 107.3% during the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 3,145 shares during the last quarter. Commerce Bank grew its holdings in shares of Medical Properties Trust by 4.0% during the third quarter. Commerce Bank now owns 89,058 shares of the real estate investment trust’s stock worth $521,000 after buying an additional 3,435 shares in the last quarter. Finally, Natixis Advisors LLC boosted its holdings in shares of Medical Properties Trust by 5.6% during the third quarter. Natixis Advisors LLC now owns 80,028 shares of the real estate investment trust’s stock worth $468,000 after purchasing an additional 4,231 shares during the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. Mizuho decreased their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. Finally, Truist Financial dropped 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 investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $4.92.

Medical Properties Trust Stock Up 2.8 %

MPW stock opened at $4.11 on Friday. The firm has a fifty day moving average price of $4.09 and a two-hundred day moving average price of $4.64. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $6.55. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of -0.97, a PEG ratio of 0.70 and a beta of 1.29.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.79%. The ex-dividend date was Thursday, December 12th. Medical Properties Trust’s payout ratio is -7.58%.

Insider Buying and Selling

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction 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 sale, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.53% of the company’s stock.

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.