Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Atticus Wealth Management LLC

Atticus Wealth Management LLC decreased its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 26.4% in the 4th quarter, Holdings Channel reports. The firm owned 9,905 shares of the real estate investment trust’s stock after selling 3,548 shares during the quarter. Atticus Wealth Management LLC’s holdings in Medical Properties Trust were worth $39,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the business. 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 acquired a new stake in shares of Medical Properties Trust in the third quarter valued at $31,000. GAMMA Investing LLC boosted its stake in 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 buying an additional 3,145 shares in the last quarter. RFG Advisory LLC acquired a new position in Medical Properties Trust during the fourth quarter worth about $40,000. Finally, Kingswood Wealth Advisors LLC acquired a new position in Medical Properties Trust during the fourth quarter worth about $54,000. 71.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Truist Financial reduced their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Mizuho decreased their price target on shares of 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. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $4.92.

Medical Properties Trust Trading Up 2.6 %

Medical Properties Trust stock opened at $4.69 on Monday. Medical Properties Trust, Inc. has a twelve month low of $3.08 and a twelve month high of $6.55. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The firm’s 50 day moving average price is $4.09 and its two-hundred day moving average price is $4.65.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were issued a dividend of $0.08 per share. The ex-dividend date was Thursday, December 12th. This represents a $0.32 annualized dividend and a yield of 6.82%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -7.58%.

Medical Properties Trust 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.