Edmp Inc. Trims Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Edmp Inc. lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 10.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 213,498 shares of the real estate investment trust’s stock after selling 25,446 shares during the quarter. Edmp Inc.’s holdings in Medical Properties Trust were worth $843,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. KG&L Capital Management LLC lifted its position in Medical Properties Trust by 5.3% during the third quarter. KG&L Capital Management LLC now owns 50,875 shares of the real estate investment trust’s stock valued at $298,000 after purchasing an additional 2,550 shares during the last quarter. Vanderbilt University grew its position in Medical Properties Trust by 7.5% in the fourth quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 3,117 shares in the last quarter. GAMMA Investing LLC increased its stake 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 acquiring an additional 3,145 shares during the last quarter. Commerce Bank lifted its stake in Medical Properties Trust by 4.0% during the third quarter. Commerce Bank now owns 89,058 shares of the real estate investment trust’s stock worth $521,000 after purchasing an additional 3,435 shares during the last quarter. Finally, Natixis Advisors LLC lifted its stake in Medical Properties Trust by 5.6% during the third quarter. Natixis Advisors LLC now owns 80,028 shares of the real estate investment trust’s stock worth $468,000 after purchasing an additional 4,231 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Insider Activity at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were 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 approximately $1,364,916.36. This trade represents a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.53% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MPW. Truist Financial dropped their target price on 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 cut their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research note 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 assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus price target of $4.92.

Medical Properties Trust Stock Up 0.5 %

Shares of NYSE:MPW opened at $4.80 on Tuesday. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. Medical Properties Trust, Inc. has a 12 month low of $3.35 and a 12 month high of $6.55. The company has a 50-day moving average price of $4.18 and a 200-day moving average price of $4.64.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors 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 dividend on an annualized basis and a dividend yield of 6.67%. Medical Properties Trust’s dividend payout ratio is presently -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.