Collective Family Office LLC Sells 6,000 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Collective Family Office LLC reduced its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 33.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,000 shares of the real estate investment trust’s stock after selling 6,000 shares during the period. Collective Family Office LLC’s holdings in Medical Properties Trust were worth $47,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MPW. CWA Asset Management Group LLC boosted its position in shares of Medical Properties Trust by 21.5% in the 4th quarter. CWA Asset Management Group LLC now owns 182,380 shares of the real estate investment trust’s stock worth $720,000 after purchasing an additional 32,288 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after buying an additional 303,628 shares during the last quarter. Sanctuary Advisors LLC grew its position in shares of Medical Properties Trust by 172.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 33,758 shares of the real estate investment trust’s stock worth $197,000 after buying an additional 21,379 shares during the period. McIlrath & Eck LLC bought a new stake in shares of Medical Properties Trust in the 3rd quarter valued at about $82,000. Finally, Sunbelt Securities Inc. increased its stake in shares of Medical Properties Trust by 1.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 411,942 shares of the real estate investment trust’s stock valued at $2,410,000 after acquiring an additional 5,705 shares during the last quarter. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Down 0.3 %

Shares of MPW stock traded down $0.01 during trading on Wednesday, reaching $3.91. The company’s stock had a trading volume of 3,554,673 shares, compared to its average volume of 9,271,793. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $6.55. The business has a fifty day moving average price of $4.19 and a 200-day moving average price of $4.66. The company has a market cap of $2.35 billion, a price-to-earnings ratio of -0.93, a price-to-earnings-growth ratio of 0.62 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be paid a $0.08 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 8.18%. Medical Properties Trust’s dividend payout ratio is -7.58%.

Insiders Place Their Bets

In other news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction dated 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. 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 available at this link. Insiders own 1.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MPW shares. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective for the company in a research report on Friday, September 13th. Mizuho cut their price target on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Finally, Truist Financial lowered their price objective on shares of 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 investment 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’s stock. According to data from MarketBeat, the company presently has a consensus 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.