International Assets Investment Management LLC Sells 741,058 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

International Assets Investment Management LLC trimmed its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 83.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 144,925 shares of the real estate investment trust's stock after selling 741,058 shares during the quarter. International Assets Investment Management LLC's holdings in Medical Properties Trust were worth $583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in MPW. Commonwealth Equity Services LLC grew its position in Medical Properties Trust by 4.2% during the second quarter. Commonwealth Equity Services LLC now owns 195,102 shares of the real estate investment trust's stock valued at $841,000 after buying an additional 7,856 shares during the period. Natixis Advisors LLC raised its position in Medical Properties Trust by 38.3% during the second quarter. Natixis Advisors LLC now owns 75,797 shares of the real estate investment trust's stock valued at $327,000 after purchasing an additional 20,999 shares in the last quarter. Arizona State Retirement System lifted its stake in Medical Properties Trust by 1.9% during the second quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust's stock worth $723,000 after purchasing an additional 3,103 shares during the last quarter. Ballentine Partners LLC boosted its holdings in shares of Medical Properties Trust by 40.0% in the 2nd quarter. Ballentine Partners LLC now owns 45,230 shares of the real estate investment trust's stock worth $195,000 after purchasing an additional 12,914 shares in the last quarter. Finally, Meeder Advisory Services Inc. increased its position in shares of Medical Properties Trust by 45.8% during the 2nd quarter. Meeder Advisory Services Inc. now owns 55,310 shares of the real estate investment trust's stock valued at $238,000 after purchasing an additional 17,375 shares during the last quarter. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Trading Down 1.5 %

NYSE:MPW traded down $0.06 during midday trading on Friday, reaching $3.85. 27,852,959 shares of the stock traded hands, compared to its average volume of 14,489,354. The stock has a market capitalization of $2.31 billion, a P/E ratio of -0.91, a PEG ratio of 0.62 and a beta of 1.29. 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 company has a fifty day moving average of $4.15 and a 200 day moving average of $4.65. Medical Properties Trust, Inc. has a 12 month low of $2.92 and a 12 month high of $6.55.

Medical Properties Trust Announces Dividend

The firm also recently declared 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 was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 8.31%. Medical Properties Trust's dividend payout ratio is presently -7.58%.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. 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. Colliers Securities upgraded shares of Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 target price on the stock in a research report on Friday, September 13th. Finally, Wolfe Research upgraded shares of Medical Properties Trust to a "hold" rating in a research report on Monday, September 23rd. One 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 company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $4.92.

Insider Buying and Selling at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the business'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 transaction of $43,304.52. Following the transaction, the chief accounting officer now directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.53% of the stock is currently owned by corporate insiders.

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.