Insider Selling: Medical Properties Trust, Inc. (NYSE:MPW) SVP Sells $11,010.00 in Stock

Medical Properties Trust, Inc. (NYSE:MPW) SVP Rosa Handley Hooper sold 3,000 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $3.67, for a total transaction of $11,010.00. Following the sale, the senior vice president now directly owns 356,600 shares in the company, valued at $1,308,722. The trade was a 0.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Medical Properties Trust Stock Down 0.8 %

MPW stock opened at $3.73 on Friday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $6.55. The stock has a market capitalization of $2.24 billion, a P/E ratio of -0.88, a P/E/G ratio of 0.62 and a beta of 1.29. The business has a fifty day moving average price of $4.30 and a 200-day moving average price of $4.71.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 8.58%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Truist Financial dropped their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock 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 on the stock in a report on Friday, September 13th. Mizuho cut their target price 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 report on Monday, September 23rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $4.92.

Institutional Trading of Medical Properties Trust

Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its position in Medical Properties Trust by 22.6% in the 2nd 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. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Medical Properties Trust by 2.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 380,489 shares of the real estate investment trust’s stock valued at $1,640,000 after buying an additional 7,671 shares during the period. Ameritas Advisory Services LLC boosted its stake in shares of Medical Properties Trust by 10.3% in the 2nd quarter. Ameritas Advisory Services LLC now owns 235,467 shares of the real estate investment trust’s stock worth $1,015,000 after buying an additional 21,930 shares during the last quarter. Panagora Asset Management Inc. grew its holdings in shares of Medical Properties Trust by 23.6% in the second quarter. Panagora Asset Management Inc. now owns 19,591 shares of the real estate investment trust’s stock worth $84,000 after acquiring an additional 3,735 shares during the period. Finally, TrueMark Investments LLC purchased a new stake in Medical Properties Trust during the second quarter valued at $360,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

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.