CWA Asset Management Group LLC Purchases Shares of 150,092 Medical Properties Trust, Inc. (NYSE:MPW)

CWA Asset Management Group LLC acquired a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 150,092 shares of the real estate investment trust's stock, valued at approximately $878,000.

Other large investors have also recently made changes to their positions in the company. Thrivent Financial for Lutherans lifted its position in shares of Medical Properties Trust by 22.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 793,003 shares of the real estate investment trust's stock valued at $3,418,000 after buying an additional 143,309 shares in the last quarter. International Assets Investment Management LLC grew its position in Medical Properties Trust by 378.4% in the 3rd quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust's stock valued at $5,183,000 after acquiring an additional 700,783 shares during the last quarter. Algert Global LLC grew its position in shares of Medical Properties Trust by 91.5% during the 2nd quarter. Algert Global LLC now owns 183,881 shares of the real estate investment trust's stock worth $793,000 after buying an additional 87,881 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Medical Properties Trust by 8.2% during the 1st quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust's stock worth $437,373,000 after buying an additional 7,084,981 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Medical Properties Trust by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust's stock valued at $37,168,000 after purchasing an additional 328,184 shares in the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Stock Down 6.9 %

Shares of NYSE:MPW traded down $0.34 on Monday, hitting $4.57. 10,101,446 shares of the company's stock were exchanged, compared to its average volume of 16,932,008. The firm's 50-day moving average is $5.17 and its 200 day moving average is $4.93. The company has a market capitalization of $2.74 billion, a PE ratio of -1.16, a P/E/G ratio of 0.72 and a beta of 1.32. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $6.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.93 and a current ratio of 2.38.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its earnings results on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.75). The firm had revenue of $266.60 million during the quarter, compared to analyst estimates of $259.53 million. The company's quarterly revenue was down 21.0% on a year-over-year basis. During the same period last year, the business posted $0.48 earnings per share. Sell-side analysts predict that Medical Properties Trust, Inc. will post 0.85 EPS for the current year.

Medical Properties Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 9th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 7.00%. The ex-dividend date was Monday, September 9th. Medical Properties Trust's dividend payout ratio (DPR) is currently -7.58%.

Insider Buying and Selling

In related news, Director C Reynolds Thompson III sold 20,530 shares of Medical Properties Trust stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total value of $89,921.40. Following the completion of the transaction, the director now directly owns 54,637 shares in the company, valued at approximately $239,310.06. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Medical Properties Trust news, Director Elizabeth N. Pitman acquired 8,087 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The stock was purchased at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the acquisition, the director now owns 76,740 shares of the company's stock, valued at approximately $461,207.40. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director C Reynolds Thompson III sold 20,530 shares of the business's stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total transaction of $89,921.40. Following the transaction, the director now directly owns 54,637 shares of the company's stock, valued at approximately $239,310.06. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 63,335 shares of company stock valued at $318,825. 1.53% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on MPW. Truist Financial increased their price target on Medical Properties Trust from $5.00 to $6.00 and gave the company a "hold" rating in a research note on Friday, September 13th. Colliers Securities upgraded Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 price target for the company in a research report on Friday, September 13th. Finally, Wolfe Research upgraded Medical Properties Trust to a "hold" rating in a research report on Monday, September 23rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, Medical Properties Trust has an average rating of "Hold" and an average target price 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.