Medical Properties Trust, Inc. (NYSE:MPW) SVP Sells $11,010.00 in Stock

Medical Properties Trust, Inc. (NYSE:MPW) SVP Rosa Handley Hooper sold 3,000 shares of Medical Properties Trust stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $3.67, for a total value of $11,010.00. Following the sale, the senior vice president now directly owns 356,600 shares in the company, valued at approximately $1,308,722. The trade was a 0.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Medical Properties Trust Stock Down 0.3 %

Shares of NYSE:MPW traded down $0.01 on Thursday, hitting $3.76. 11,073,962 shares of the company traded hands, compared to its average volume of 16,346,901. The stock has a 50 day simple moving average of $4.34 and a 200-day simple moving average of $4.73. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a market cap of $2.26 billion, a PE ratio of -0.89, a PEG ratio of 0.62 and a beta of 1.29. 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 disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 8.51%. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in shares of Medical Properties Trust by 22.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock worth $29,775,000 after purchasing an additional 1,274,481 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Medical Properties Trust by 2.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 380,489 shares of the real estate investment trust’s stock worth $1,640,000 after buying an additional 7,671 shares during the last quarter. Ameritas Advisory Services LLC lifted its stake in Medical Properties Trust by 10.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 235,467 shares of the real estate investment trust’s stock valued at $1,015,000 after acquiring an additional 21,930 shares during the period. Panagora Asset Management Inc. lifted its stake in Medical Properties Trust by 23.6% during the 2nd quarter. Panagora Asset Management Inc. now owns 19,591 shares of the real estate investment trust’s stock valued at $84,000 after acquiring an additional 3,735 shares during the period. Finally, TrueMark Investments LLC purchased a new stake in shares of Medical Properties Trust during the 2nd quarter valued at about $360,000. Institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

MPW has been the subject of a number of research analyst reports. Mizuho lowered their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th. Wolfe Research raised Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price on the stock in a report on Friday, September 13th. Finally, Truist Financial decreased their price target 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. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price 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.