Diversified Trust Co Sells 18,777 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Diversified Trust Co lowered its position in Medical Properties Trust, Inc. (NYSE:MPW) by 42.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 25,569 shares of the real estate investment trust’s stock after selling 18,777 shares during the period. Diversified Trust Co’s holdings in Medical Properties Trust were worth $150,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in Medical Properties Trust by 107.3% in the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 3,145 shares during the period. Versant Capital Management Inc lifted its stake in shares of Medical Properties Trust by 435.0% in the 2nd quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 6,482 shares during the period. Future Financial Wealth Managment LLC bought a new stake in shares of Medical Properties Trust during the 1st quarter valued at about $38,000. Iron Horse Wealth Management LLC grew its stake in Medical Properties Trust by 166.7% during the second quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 5,000 shares during the period. Finally, Fidelis Capital Partners LLC bought a new stake in Medical Properties Trust in the first quarter worth approximately $43,000. 71.79% of the stock is owned by institutional investors.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total transaction of $178,978.80. Following the transaction, the director now directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Medical Properties Trust news, Director Elizabeth N. Pitman bought 8,087 shares of Medical Properties Trust stock in a transaction dated Wednesday, September 18th. The stock was bought at an average cost of $6.01 per share, with a total value of $48,602.87. Following the completion of the acquisition, the director now directly owns 76,740 shares in the company, valued at approximately $461,207.40. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Michael G. Stewart sold 32,780 shares of the stock in a transaction that occurred 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 directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 63,335 shares of company stock valued at $318,825. 1.53% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Truist Financial increased their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Friday, September 13th. BNP Paribas cut shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $6.00 to $4.00 in a report on Tuesday, July 2nd. Finally, Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective on the stock in a report on Friday, September 13th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and a consensus target price of $5.22.

Medical Properties Trust Trading Down 3.8 %

NYSE:MPW opened at $4.76 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.93 and a quick ratio of 2.93. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $6.55. The company has a market cap of $2.86 billion, a PE ratio of -1.77, a PEG ratio of 0.76 and a beta of 1.29. The firm has a 50-day moving average of $5.14 and a 200-day moving average of $4.88.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.75). The business had revenue of $266.60 million during the quarter, compared to analyst estimates of $259.53 million. The business’s revenue was down 21.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.48 EPS. As a group, equities research analysts expect that Medical Properties Trust, Inc. will post 0.85 EPS for the current fiscal year.

Medical Properties Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 9th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, September 9th. This represents a $0.32 annualized dividend and a yield of 6.72%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -11.90%.

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.