14,814 Shares in Medical Properties Trust, Inc. (NYSE:MPW) Acquired by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC acquired a new position in Medical Properties Trust, Inc. (NYSE:MPW) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,814 shares of the real estate investment trust’s stock, valued at approximately $87,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Savvy Advisors Inc. bought a new position in Medical Properties Trust in the 3rd quarter worth approximately $64,000. Versor Investments LP lifted its position in Medical Properties Trust by 490.9% in the third quarter. Versor Investments LP now owns 97,500 shares of the real estate investment trust’s stock worth $570,000 after purchasing an additional 81,000 shares during the period. Wolverine Asset Management LLC lifted its position in Medical Properties Trust by 27.8% in the third quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust’s stock worth $3,030,000 after purchasing an additional 112,721 shares during the period. CWA Asset Management Group LLC acquired a new stake in Medical Properties Trust in the third quarter worth approximately $878,000. Finally, Sittner & Nelson LLC acquired a new stake in Medical Properties Trust in the third quarter worth approximately $234,000. 71.79% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Michael G. Stewart sold 32,780 shares of the company’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 directly owns 221,245 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through this link. Also, Director Elizabeth N. Pitman purchased 8,087 shares of the company’s stock in a transaction dated Wednesday, September 18th. The stock was bought at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the purchase, the director now directly owns 76,740 shares of the company’s stock, valued at $461,207.40. The trade was a 11.78 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Price Performance

MPW opened at $4.31 on Monday. The stock has a fifty day moving average of $5.14 and a 200-day moving average of $4.92. The firm has a market capitalization of $2.59 billion, a P/E ratio of -1.02, a PEG ratio of 0.66 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 company has a quick ratio of 2.93, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Monday, September 9th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, September 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.42%. Medical Properties Trust’s payout ratio is currently -7.58%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on MPW shares. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. 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. Finally, Truist Financial increased their price objective on Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a research report on Friday, September 13th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $5.50.

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.