Teamwork Financial Advisors LLC Lowers Position in Medical Properties Trust, Inc. (NYSE:MPW)

Teamwork Financial Advisors LLC trimmed its position in Medical Properties Trust, Inc. (NYSE:MPW) by 18.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,417 shares of the real estate investment trust’s stock after selling 3,863 shares during the period. Teamwork Financial Advisors LLC’s holdings in Medical Properties Trust were worth $69,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MPW. Future Financial Wealth Managment LLC purchased a new stake in shares of Medical Properties Trust in the 3rd quarter worth about $29,000. Truvestments Capital LLC purchased a new stake in Medical Properties Trust in the third quarter worth about $31,000. GAMMA Investing LLC increased its stake in shares of Medical Properties Trust by 107.3% during the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 3,145 shares in the last quarter. Frank Rimerman Advisors LLC purchased a new position in shares of Medical Properties Trust during the second quarter valued at approximately $47,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $56,000. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $4.57 on Friday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The firm has a market cap of $2.74 billion, a price-to-earnings ratio of -1.08, a price-to-earnings-growth ratio of 0.80 and a beta of 1.29. The business has a 50-day simple moving average of $4.08 and a two-hundred day simple moving average of $4.64. Medical Properties Trust, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $6.55.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 7.01%. Medical Properties Trust’s payout ratio is -7.58%.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the sale, the chief accounting officer now directly owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.53% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MPW. Truist Financial lowered their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, December 19th. Mizuho lowered their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.