Mutual Advisors LLC Reduces Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Mutual Advisors LLC lessened its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 44.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,171 shares of the real estate investment trust’s stock after selling 32,841 shares during the period. Mutual Advisors LLC’s holdings in Medical Properties Trust were worth $165,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Silver Point Capital L.P. lifted its holdings in Medical Properties Trust by 155.3% during the 3rd 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Medical Properties Trust by 353.5% during 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 purchasing an additional 2,748,245 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Medical Properties Trust by 435.5% during the 4th quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust’s stock worth $3,649,000 after purchasing an additional 751,256 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Medical Properties Trust by 378.4% during the 3rd quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock worth $5,183,000 after purchasing an additional 700,783 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Medical Properties Trust by 21.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after purchasing an additional 303,628 shares in the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Insider Transactions at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction that occurred on Thursday, December 26th. The shares were 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 $1,364,916.36. This trade represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Performance

NYSE MPW opened at $4.39 on Thursday. Medical Properties Trust, Inc. has a 52-week low of $3.08 and a 52-week high of $6.55. The company has a fifty day moving average of $4.10 and a 200-day moving average of $4.65. The company has a market capitalization of $2.63 billion, a P/E ratio of -1.04, a P/E/G ratio of 0.80 and a beta of 1.29. 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 7.30%. The ex-dividend date was Thursday, December 12th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -7.58%.

Wall Street Analysts Forecast Growth

MPW has been the topic of a number of recent research reports. Truist Financial dropped their price objective 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. Mizuho dropped their price objective on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $4.92.

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.