Medical Properties Trust, Inc. (NYSE:MPW) Shares Acquired by Quantbot Technologies LP

Quantbot Technologies LP increased its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 27.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 448,022 shares of the real estate investment trust’s stock after acquiring an additional 97,203 shares during the quarter. Quantbot Technologies LP’s holdings in Medical Properties Trust were worth $2,621,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in shares of Medical Properties Trust by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust’s stock valued at $37,168,000 after purchasing an additional 328,184 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Medical Properties Trust by 22.6% during 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 buying an additional 1,274,481 shares during the last quarter. Wilsey Asset Management Inc. increased its position in 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 buying an additional 936,631 shares during the period. Goldentree Asset Management LP bought a new stake in Medical Properties Trust in the first quarter valued at $15,966,000. Finally, Advisors Asset Management Inc. lifted its stake in Medical Properties Trust by 16.4% in the third quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust’s stock valued at $7,998,000 after buying an additional 192,955 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, Director Michael G. Stewart sold 32,780 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the transaction, the director now directly owns 221,245 shares in the company, valued at $1,207,997.70. This trade represents a 12.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Elizabeth N. Pitman bought 8,087 shares of the company’s stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the transaction, the director now owns 76,740 shares of the company’s stock, valued at $461,207.40. This represents 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 corporate insiders.

Analyst Ratings Changes

MPW has been the subject of several recent research reports. Truist Financial increased their price objective on shares of Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a report on Friday, September 13th. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Finally, Colliers Securities raised Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target on the stock in a report on Friday, September 13th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Medical Properties Trust currently has an average rating of “Hold” and an average price target of $5.50.

Medical Properties Trust Stock Up 1.5 %

NYSE MPW opened at $4.33 on Thursday. Medical Properties Trust, Inc. has a 12 month low of $2.92 and a 12 month high of $6.55. The company has a market capitalization of $2.60 billion, a P/E ratio of -1.02, a PEG ratio of 0.69 and a beta of 1.32. The company’s 50 day simple moving average is $4.95 and its 200 day simple moving average is $4.90. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.40%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is -7.58%.

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.