Commerzbank Aktiengesellschaft FI Has $539,000 Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Commerzbank Aktiengesellschaft FI lowered its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 40.8% in the third quarter, Holdings Channel reports. The institutional investor owned 91,987 shares of the real estate investment trust’s stock after selling 63,447 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Medical Properties Trust were worth $539,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of MPW. Vanguard Group Inc. increased its position in shares of Medical Properties Trust by 8.2% in the first quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust’s stock worth $437,373,000 after purchasing an additional 7,084,981 shares during the period. Goldentree Asset Management LP bought a new position in shares of Medical Properties Trust in the first quarter worth $15,966,000. Bank of New York Mellon Corp increased its position in shares of Medical Properties Trust by 22.6% in the second 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 during the period. Wilsey Asset Management Inc. increased its position in shares of Medical Properties Trust by 27.2% in the second quarter. Wilsey Asset Management Inc. now owns 4,376,180 shares of the real estate investment trust’s stock worth $18,861,000 after purchasing an additional 936,631 shares during the period. Finally, Principal Financial Group Inc. increased its position in shares of Medical Properties Trust by 40.6% in the first quarter. Principal Financial Group Inc. now owns 3,090,890 shares of the real estate investment trust’s stock worth $14,527,000 after purchasing an additional 891,957 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Ratings Changes

MPW has been the topic of a number of recent analyst reports. Truist Financial raised their price target on Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Friday, September 13th. BNP Paribas cut Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $6.00 to $4.00 in a research report on Tuesday, July 2nd. Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target on the stock in a research report on Friday, September 13th. Finally, Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and an average target price of $5.38.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, Director Elizabeth N. Pitman sold 10,025 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $4.98, for a total transaction of $49,924.50. Following the completion of the sale, the director now owns 68,653 shares of the company’s stock, valued at approximately $341,891.94. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Medical Properties Trust news, Director Elizabeth N. Pitman sold 10,025 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $4.98, for a total transaction of $49,924.50. Following the completion of the sale, the director now owns 68,653 shares of the company’s stock, valued at approximately $341,891.94. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director C Reynolds Thompson III sold 20,530 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $4.38, for a total transaction of $89,921.40. Following the sale, the director now directly owns 54,637 shares of the company’s stock, valued at $239,310.06. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 63,335 shares of company stock worth $318,825 over the last ninety days. Insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $4.72 on Thursday. The stock has a market cap of $2.83 billion, a P/E ratio of -2.13, a price-to-earnings-growth ratio of 0.76 and a beta of 1.29. The company has a current ratio of 2.93, a quick ratio of 2.93 and a debt-to-equity ratio of 1.51. The stock’s 50-day moving average is $5.15 and its 200-day moving average is $4.90. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $6.55.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.75). The firm had revenue of $266.60 million during the quarter, compared to the consensus estimate of $259.53 million. The company’s revenue was down 21.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.48 EPS. Equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.85 earnings per share for the current year.

Medical Properties Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Monday, September 9th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 6.78%. The ex-dividend date of this dividend was Monday, September 9th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -14.41%.

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.