Greenleaf Trust Sells 3,339 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Greenleaf Trust lessened its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 18.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,306 shares of the real estate investment trust’s stock after selling 3,339 shares during the quarter. Greenleaf Trust’s holdings in Medical Properties Trust were worth $57,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Future Financial Wealth Managment LLC bought a new position in shares of Medical Properties Trust during the third quarter valued at $29,000. Truvestments Capital LLC acquired a new stake in shares of Medical Properties Trust during the 3rd quarter worth about $31,000. GAMMA Investing LLC lifted its holdings in 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 valued at $36,000 after purchasing an additional 3,145 shares during the last quarter. RFG Advisory LLC acquired a new position in Medical Properties Trust in the fourth quarter valued at about $40,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in Medical Properties Trust during the fourth quarter worth about $54,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Truist Financial cut their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, December 19th. Mizuho cut their price objective 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $4.92.

Medical Properties Trust Price Performance

MPW opened at $4.89 on Friday. 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 stock has a market capitalization of $2.93 billion, a P/E ratio of -1.16, a price-to-earnings-growth ratio of 0.86 and a beta of 1.32. The company’s 50 day simple moving average is $4.15 and its 200-day simple moving average is $4.65. Medical Properties Trust, Inc. has a one year low of $3.16 and a one year high of $6.55.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were given a $0.08 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 6.55%. Medical Properties Trust’s payout ratio is -7.58%.

Medical Properties Trust 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.