Sanctuary Advisors LLC Has $197,000 Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Sanctuary Advisors LLC increased its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 172.7% in the third quarter, Holdings Channel.com reports. The firm owned 33,758 shares of the real estate investment trust’s stock after purchasing an additional 21,379 shares during the quarter. Sanctuary Advisors LLC’s holdings in Medical Properties Trust were worth $197,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MPW. Future Financial Wealth Managment LLC acquired a new stake in Medical Properties Trust in the 3rd quarter valued at approximately $29,000. Truvestments Capital LLC bought a new position in Medical Properties Trust in the third quarter valued at approximately $31,000. GAMMA Investing LLC increased its position in shares of 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 purchasing an additional 3,145 shares during the last quarter. Frank Rimerman Advisors LLC acquired a new position in Medical Properties Trust during the second quarter worth $47,000. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of Medical Properties Trust in the 2nd quarter valued at about $58,000. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

NYSE:MPW opened at $3.73 on Monday. Medical Properties Trust, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $6.55. The company has a 50 day simple moving average of $4.30 and a two-hundred day simple moving average of $4.71. The company has a market capitalization of $2.24 billion, a PE ratio of -0.88, a P/E/G ratio of 0.62 and a beta of 1.29. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust Announces Dividend

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

Insider Activity at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the sale, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael G. Stewart sold 32,780 shares of the firm’s 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 transaction, the director now owns 221,245 shares in the company, valued at approximately $1,207,997.70. This trade represents a 12.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 47,421 shares of company stock worth $233,293 in the last quarter. Company insiders own 1.53% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Mizuho decreased their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. Truist Financial decreased their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. Finally, Colliers Securities upgraded 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. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $4.92.

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.