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

Teamwork Financial Advisors LLC decreased its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 18.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,417 shares of the real estate investment trust’s stock after selling 3,863 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Medical Properties Trust were worth $69,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Ables Iannone Moore & Associates Inc. boosted its stake in Medical Properties Trust by 3.4% during the third quarter. Ables Iannone Moore & Associates Inc. now owns 58,707 shares of the real estate investment trust’s stock worth $343,000 after buying an additional 1,939 shares during the period. KG&L Capital Management LLC boosted its stake in shares of Medical Properties Trust by 5.3% during the 3rd quarter. KG&L Capital Management LLC now owns 50,875 shares of the real estate investment trust’s stock worth $298,000 after purchasing an additional 2,550 shares during the period. GAMMA Investing LLC raised its position in Medical Properties Trust by 107.3% in the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 3,145 shares during the period. Commerce Bank lifted its stake in shares of Medical Properties Trust by 4.0% during the 3rd quarter. Commerce Bank now owns 89,058 shares of the real estate investment trust’s stock worth $521,000 after acquiring an additional 3,435 shares during the last quarter. Finally, Natixis Advisors LLC lifted its position in shares of 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. 71.79% of the stock is currently owned by institutional investors.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the sale, the chief accounting officer now owns 366,913 shares in the company, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.53% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MPW. 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 report on Thursday, December 5th. Truist Financial cut their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. One investment 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $4.92.

Medical Properties Trust Price Performance

NYSE MPW opened at $4.57 on Friday. Medical Properties Trust, Inc. has a 1 year low of $3.08 and a 1 year high of $6.55. The company has a market cap of $2.74 billion, a price-to-earnings ratio of -1.08, a PEG ratio of 0.80 and a beta of 1.29. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The stock’s fifty day moving average price is $4.08 and its 200 day moving average price is $4.64.

Medical Properties Trust Dividend Announcement

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

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.