International Assets Investment Management LLC Has $5.18 Million Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

International Assets Investment Management LLC boosted its position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 378.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 885,983 shares of the real estate investment trust's stock after purchasing an additional 700,783 shares during the period. International Assets Investment Management LLC owned approximately 0.15% of Medical Properties Trust worth $5,183,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new position in shares of Medical Properties Trust in the 3rd quarter worth approximately $29,000. Versant Capital Management Inc increased its holdings in shares of Medical Properties Trust by 435.0% in the second quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust's stock valued at $34,000 after buying an additional 6,482 shares in the last quarter. Iron Horse Wealth Management LLC lifted its position in shares of Medical Properties Trust by 166.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 5,000 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Medical Properties Trust by 107.3% during the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 3,145 shares in the last quarter. Finally, Fidelis Capital Partners LLC acquired a new position in shares of Medical Properties Trust in the 1st quarter worth $43,000. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Down 2.6 %

Shares of MPW stock traded down $0.12 during trading on Friday, hitting $4.51. 9,569,847 shares of the company were exchanged, compared to its average volume of 10,424,326. The business's 50-day simple moving average is $5.15 and its 200 day simple moving average is $4.92. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $6.55. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.93 and a current ratio of 2.93.

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 business had revenue of $266.60 million for the quarter, compared to the consensus estimate of $259.53 million. During the same period in the prior year, the business earned $0.48 earnings per share. The firm's revenue for the quarter was down 21.0% on a year-over-year basis. On average, equities analysts forecast that Medical Properties Trust, Inc. will post 0.85 EPS for the current fiscal year.

Medical Properties Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Monday, September 9th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, September 9th. This represents a $0.32 annualized dividend and a dividend yield of 7.10%. Medical Properties Trust's dividend payout ratio is -11.90%.

Insider Activity at Medical Properties Trust

In other news, Director C Reynolds Thompson III sold 20,530 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $4.38, for a total transaction of $89,921.40. Following the transaction, the director now owns 54,637 shares in the company, valued at $239,310.06. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Elizabeth N. Pitman sold 10,025 shares of the firm's stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $4.98, for a total value of $49,924.50. Following the transaction, the director now directly owns 68,653 shares of the company's stock, valued at approximately $341,891.94. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director C Reynolds Thompson III sold 20,530 shares of the company's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total value of $89,921.40. Following the sale, the director now directly owns 54,637 shares of the company's stock, valued at $239,310.06. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,335 shares of company stock valued at $318,825. 1.53% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently commented on MPW. Colliers Securities raised Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 target price for the company in a report on Friday, September 13th. Wolfe Research raised shares of Medical Properties Trust to a "hold" rating in a research note on Monday, September 23rd. Finally, Truist Financial lifted their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the stock a "hold" rating in a research report on Friday, September 13th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, Medical Properties Trust currently has an average rating of "Hold" and an average price target of $5.38.

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.