Integrated Wealth Concepts LLC Has $125,000 Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Integrated Wealth Concepts LLC grew its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 31.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,404 shares of the real estate investment trust’s stock after purchasing an additional 5,099 shares during the period. Integrated Wealth Concepts LLC’s holdings in Medical Properties Trust were worth $125,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Future Financial Wealth Managment LLC acquired a new position in Medical Properties Trust in the 3rd quarter worth about $29,000. Truvestments Capital LLC acquired a new position in shares of Medical Properties Trust in the third quarter valued at approximately $31,000. Iron Horse Wealth Management LLC raised its holdings in Medical Properties Trust by 166.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 5,000 shares during the last quarter. GAMMA Investing LLC boosted its position in 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, Verdence Capital Advisors LLC bought a new stake in Medical Properties Trust during the 2nd quarter worth approximately $46,000. 71.79% of the stock is owned by institutional investors.

Insider Transactions at Medical Properties Trust

In related news, Director Elizabeth N. Pitman acquired 8,087 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were bought at an average price of $6.01 per share, with a total value of $48,602.87. Following the transaction, the director now directly owns 76,740 shares of the company’s stock, valued at $461,207.40. This trade represents a 11.78 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael G. Stewart sold 32,780 shares of the business’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 sale, the director now directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. The trade was a 12.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.53% of the company’s stock.

Medical Properties Trust Stock Down 1.5 %

Shares of NYSE:MPW opened at $3.98 on Friday. Medical Properties Trust, Inc. has a 1 year low of $2.92 and a 1 year high of $6.55. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The business’s 50-day moving average is $4.53 and its 200-day moving average is $4.81. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of -0.94, a P/E/G ratio of 0.64 and a beta of 1.29.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders 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 dividend yield of 8.04%. The ex-dividend date is Thursday, December 12th. Medical Properties Trust’s payout ratio is -7.58%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Mizuho reduced their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Colliers Securities raised Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target for the company in a research note on Friday, September 13th. Finally, Truist Financial lifted their price objective on Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Friday, September 13th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $5.25.

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.