Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Pensionfund DSM Netherlands

Pensionfund DSM Netherlands cut its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 17.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 237,000 shares of the real estate investment trust’s stock after selling 50,000 shares during the period. Pensionfund DSM Netherlands’ holdings in Medical Properties Trust were worth $936,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Ables Iannone Moore & Associates Inc. grew its holdings in Medical Properties Trust by 3.4% in the third quarter. Ables Iannone Moore & Associates Inc. now owns 58,707 shares of the real estate investment trust’s stock valued at $343,000 after purchasing an additional 1,939 shares during the period. KG&L Capital Management LLC grew its stake in Medical Properties Trust by 5.3% in the 3rd quarter. KG&L Capital Management LLC now owns 50,875 shares of the real estate investment trust’s stock valued at $298,000 after acquiring an additional 2,550 shares during the period. Arizona State Retirement System increased its holdings in Medical Properties Trust by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock worth $723,000 after acquiring an additional 3,103 shares in the last quarter. GAMMA Investing LLC raised its position in Medical Properties Trust by 107.3% during the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 3,145 shares during the period. Finally, Commerce Bank lifted its holdings in Medical Properties Trust by 4.0% during the third 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 in the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Insider Transactions at Medical Properties Trust

In other news, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the transaction, the director now directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. The trade was a 12.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the sale, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 47,421 shares of company stock worth $233,293. Corporate insiders own 1.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MPW. Truist Financial reduced 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 report on Thursday, December 19th. Colliers Securities raised Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a report on Friday, September 13th. Mizuho lowered their price target on 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, Wolfe Research raised Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $4.92.

Medical Properties Trust Price Performance

Shares of NYSE:MPW traded up $0.11 during midday trading on Monday, hitting $4.26. The company had a trading volume of 2,052,757 shares, compared to its average volume of 7,970,350. 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 business’s 50-day simple moving average is $4.22 and its 200-day simple moving average is $4.68. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of -1.01, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $6.55.

Medical Properties Trust Announces Dividend

The business 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 $0.08 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.32 annualized dividend and a yield of 7.51%. Medical Properties Trust’s dividend payout ratio is presently -7.58%.

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.