Natixis Advisors LLC Buys 4,231 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Natixis Advisors LLC lifted its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 5.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 80,028 shares of the real estate investment trust’s stock after buying an additional 4,231 shares during the period. Natixis Advisors LLC’s holdings in Medical Properties Trust were worth $468,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Wolverine Asset Management LLC boosted its position in Medical Properties Trust by 27.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust’s stock valued at $3,030,000 after buying an additional 112,721 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of Medical Properties Trust by 22.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 793,003 shares of the real estate investment trust’s stock worth $3,418,000 after purchasing an additional 143,309 shares during the period. International Assets Investment Management LLC lifted its position in shares of Medical Properties Trust by 378.4% in the 3rd quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock worth $5,183,000 after purchasing an additional 700,783 shares during the period. Algert Global LLC lifted its position in Medical Properties Trust by 91.5% during the second quarter. Algert Global LLC now owns 183,881 shares of the real estate investment trust’s stock valued at $793,000 after acquiring an additional 87,881 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in 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 acquiring an additional 328,184 shares during the last quarter. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Trading Up 1.6 %

Shares of Medical Properties Trust stock opened at $4.33 on Friday. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of -1.03, a PEG ratio of 0.69 and a beta of 1.32. Medical Properties Trust, Inc. has a 12-month low of $2.92 and a 12-month high of $6.55. The firm’s 50 day simple moving average is $4.92 and its two-hundred day simple moving average is $4.90. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be paid 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 7.39%. Medical Properties Trust’s payout ratio is currently -7.58%.

Wall Street Analysts Forecast Growth

MPW has been the subject of a number of analyst reports. Truist Financial increased their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a research report on Friday, September 13th. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a research report on Friday, September 13th. Finally, Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $5.50.

Insider Transactions at Medical Properties Trust

In other news, Director Michael G. Stewart sold 32,780 shares of the 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 sale, the director now 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Elizabeth N. Pitman purchased 8,087 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average cost 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. This represents a 11.78 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.53% 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.