Medical Properties Trust, Inc. (NYSE:MPW) Shares Purchased by Grant GrossMendelsohn LLC

Grant GrossMendelsohn LLC increased its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 22.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 25,372 shares of the real estate investment trust’s stock after acquiring an additional 4,686 shares during the quarter. Grant GrossMendelsohn LLC’s holdings in Medical Properties Trust were worth $100,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of MPW. Ables Iannone Moore & Associates Inc. increased its holdings in shares of Medical Properties Trust by 3.4% during the 3rd quarter. Ables Iannone Moore & Associates Inc. now owns 58,707 shares of the real estate investment trust’s stock worth $343,000 after buying an additional 1,939 shares during the last quarter. KG&L Capital Management LLC increased its stake 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 acquiring an additional 2,550 shares during the last quarter. GAMMA Investing LLC raised its position 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 purchasing an additional 3,145 shares during the period. Commerce Bank lifted its stake in shares of Medical Properties Trust by 4.0% in the 3rd quarter. Commerce Bank now owns 89,058 shares of the real estate investment trust’s stock valued at $521,000 after purchasing an additional 3,435 shares during the last quarter. Finally, Natixis Advisors LLC grew its holdings in shares of Medical Properties Trust by 5.6% during the 3rd 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 period. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MPW shares. Truist Financial reduced their price objective on shares of 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 decreased 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 report on Thursday, December 5th. Finally, Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus price target of $4.92.

Medical Properties Trust Stock Performance

Shares of MPW stock opened at $4.11 on Friday. The firm has a 50 day moving average of $4.09 and a two-hundred day moving average of $4.63. The stock has a market capitalization of $2.47 billion, a PE ratio of -0.97, a P/E/G ratio of 0.70 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, Inc. has a 52 week low of $2.92 and a 52 week high of $6.55.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 annualized dividend and a yield of 7.79%. Medical Properties Trust’s dividend payout ratio (DPR) is -7.58%.

Insider Buying and Selling

In other news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction 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 completion of the sale, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.53% of the stock is owned by insiders.

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.