Medical Properties Trust, Inc. (NYSE:MPW) CAO James Kevin Hanna Sells 11,641 Shares

Medical Properties Trust, Inc. (NYSE:MPW) 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 transaction of $43,304.52. Following the transaction, the chief accounting officer now directly owns 366,913 shares in the company, valued at approximately $1,364,916.36. This 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 through this hyperlink.

Medical Properties Trust Stock Down 0.3 %

MPW stock opened at $3.76 on Friday. The stock’s 50 day moving average is $4.34 and its 200-day moving average is $4.73. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $6.55. The firm has a market capitalization of $2.26 billion, a PE ratio of -0.89, a P/E/G ratio of 0.62 and a beta of 1.29. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 8.51%. The ex-dividend date is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is -7.58%.

Institutional Trading of Medical Properties Trust

Several institutional investors have recently made changes to their positions in the company. Silver Point Capital L.P. boosted 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 worth $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 boosted its stake in shares of Medical Properties Trust by 353.5% in the 3rd 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 worth $20,625,000 after buying an additional 2,748,245 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Medical Properties Trust by 22.6% in the second quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock valued at $29,775,000 after acquiring an additional 1,274,481 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Medical Properties Trust by 378.4% during the third quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock valued at $5,183,000 after acquiring an additional 700,783 shares during the last quarter. Finally, APG Asset Management US Inc. bought a new stake in Medical Properties Trust during the second quarter worth $2,045,000. Institutional investors own 71.79% of the company’s stock.

Analysts Set New Price Targets

MPW has been the topic of a number of research analyst reports. Mizuho cut their price objective on shares of 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 cut their price target 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. Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective for the company in a report on Friday, September 13th. Finally, Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, 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.