Medical Properties Trust, Inc. (NYSE:MPW) SVP Rosa Handley Hooper Sells 3,000 Shares of Stock

Medical Properties Trust, Inc. (NYSE:MPW) SVP Rosa Handley Hooper sold 3,000 shares of the firm’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $3.67, for a total value of $11,010.00. Following the completion of the sale, the senior vice president now directly owns 356,600 shares of the company’s stock, valued at approximately $1,308,722. This represents a 0.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Medical Properties Trust Trading Down 0.3 %

NYSE MPW opened at $3.76 on Friday. Medical Properties Trust, Inc. has a 1 year low of $2.92 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 company 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 fifty day moving average of $4.34 and a 200 day moving average of $4.73.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be issued a $0.08 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 8.51%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

Analyst Ratings Changes

A number of research firms recently commented on MPW. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. 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 report on Friday, September 13th. 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 lowered their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $4.92.

Institutional Trading of Medical Properties Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ables Iannone Moore & Associates Inc. lifted 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 acquiring an additional 1,939 shares during the period. Wolverine Asset Management LLC lifted its stake in shares of Medical Properties Trust by 0.6% in the 2nd quarter. Wolverine Asset Management LLC now owns 405,145 shares of the real estate investment trust’s stock valued at $1,746,000 after purchasing an additional 2,246 shares during the period. KG&L Capital Management LLC boosted 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 buying an additional 2,550 shares in the last quarter. Arizona State Retirement System grew its position in Medical Properties Trust by 1.9% during 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 buying an additional 3,103 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Medical Properties Trust by 107.3% in the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 3,145 shares in the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.

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.