Commerce Bank Has $521,000 Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Commerce Bank increased its position in Medical Properties Trust, Inc. (NYSE:MPW) by 4.0% in the third quarter, Holdings Channel.com reports. The firm owned 89,058 shares of the real estate investment trust’s stock after acquiring an additional 3,435 shares during the period. Commerce Bank’s holdings in Medical Properties Trust were worth $521,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new position in shares of Medical Properties Trust in the 3rd quarter valued at $29,000. Versant Capital Management Inc lifted its stake in Medical Properties Trust by 435.0% in the second quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 6,482 shares during the period. Iron Horse Wealth Management LLC boosted its holdings in Medical Properties Trust by 166.7% during the second quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 5,000 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Medical Properties Trust by 107.3% during the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 3,145 shares during the period. Finally, Gateway Investment Advisers LLC bought a new stake in shares of Medical Properties Trust in the 2nd quarter valued at about $45,000. 71.79% of the stock is owned by institutional investors.

Insider Transactions at Medical Properties Trust

In other Medical Properties Trust news, Director Michael G. Stewart sold 32,780 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total transaction of $178,978.80. Following the completion of the transaction, the director now owns 221,245 shares of the company’s stock, valued at $1,207,997.70. This represents a 12.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Elizabeth N. Pitman acquired 8,087 shares of the stock in a transaction dated Wednesday, September 18th. The stock was acquired at an average price of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the acquisition, the director now directly owns 76,740 shares of the company’s stock, valued at $461,207.40. The trade was a 11.78 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.53% of the stock is owned by insiders.

Medical Properties Trust Trading Down 4.7 %

Shares of NYSE:MPW opened at $4.27 on Wednesday. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of -1.01, a PEG ratio of 0.66 and a beta of 1.32. 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 12 month low of $2.92 and a 12 month high of $6.55. The company’s fifty day simple moving average is $4.99 and its 200 day simple moving average is $4.90.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be issued a $0.08 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.49%. Medical Properties Trust’s dividend payout ratio (DPR) is -7.58%.

Wall Street Analyst Weigh In

MPW has been the topic of several recent analyst reports. Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. Truist Financial lifted their price target on shares of Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Friday, September 13th. Finally, Colliers Securities upgraded shares of 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. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and a consensus price target of $5.50.

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.