Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Heitman Real Estate Securities LLC

Heitman Real Estate Securities LLC reduced its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 16.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,055,619 shares of the real estate investment trust’s stock after selling 410,349 shares during the period. Heitman Real Estate Securities LLC owned about 0.34% of Medical Properties Trust worth $12,025,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Future Financial Wealth Managment LLC purchased a new stake in Medical Properties Trust during the 3rd quarter worth about $29,000. Truvestments Capital LLC acquired a new position in Medical Properties Trust in the third quarter valued at approximately $31,000. Versant Capital Management Inc raised its holdings in Medical Properties Trust by 435.0% during the second quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 6,482 shares in the last quarter. Iron Horse Wealth Management LLC increased its position in shares of 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 purchasing an additional 5,000 shares in the last quarter. Finally, GAMMA Investing LLC increased 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 buying an additional 3,145 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Insiders Place Their Bets

In other news, Director Michael G. Stewart sold 32,780 shares of the company’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total value of $178,978.80. Following the sale, the director now directly owns 221,245 shares in the company, valued at $1,207,997.70. This represents a 12.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Elizabeth N. Pitman acquired 8,087 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The shares were bought at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the purchase, the director now owns 76,740 shares of the company’s stock, valued at approximately $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 currently owned by company insiders.

Medical Properties Trust Trading Down 2.4 %

Shares of MPW stock opened at $4.29 on Tuesday. The business’s fifty day moving average price is $4.83 and its 200 day moving average price is $4.87. 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 1-year low of $2.92 and a 1-year 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. Investors of record on Thursday, December 12th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 7.47%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on MPW shares. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. Truist Financial increased their price objective 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. Finally, Colliers Securities raised 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Medical Properties Trust presently has an average rating of “Hold” and a consensus price target of $5.58.

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.