Medical Properties Trust, Inc. (NYSE:MPW) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 353.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,525,714 shares of the real estate investment trust's stock after buying an additional 2,748,245 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.59% of Medical Properties Trust worth $20,625,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of 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. Truvestments Capital LLC acquired a new position in Medical Properties Trust during the 3rd quarter worth about $31,000. Iron Horse Wealth Management LLC lifted its stake in 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 worth $34,000 after acquiring an additional 5,000 shares in the last quarter. GAMMA Investing LLC grew 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 valued at $36,000 after acquiring an additional 3,145 shares in the last quarter. Finally, Gateway Investment Advisers LLC purchased a new position in shares of Medical Properties Trust in the second quarter valued at approximately $45,000. Hedge funds and other institutional investors own 71.79% of the company's stock.

Medical Properties Trust Stock Performance

Shares of NYSE MPW remained flat at $4.15 during mid-day trading on Friday. 11,349,254 shares of the company were exchanged, compared to its average volume of 16,476,232. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. Medical Properties Trust, Inc. has a 1 year low of $2.92 and a 1 year high of $6.55. The stock has a market cap of $2.49 billion, a PE ratio of -0.98, a P/E/G ratio of 0.65 and a beta of 1.29. The stock has a 50-day simple moving average of $4.69 and a 200 day simple moving average of $4.85.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a yield of 7.72%. Medical Properties Trust's dividend payout ratio is presently -7.58%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Wolfe Research upgraded shares of Medical Properties Trust to a "hold" rating in a report on Monday, September 23rd. Mizuho reduced their price objective on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating on the stock in a research note on Thursday. Truist Financial raised their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the company a "hold" rating in a report on Friday, September 13th. Finally, Colliers Securities upgraded shares of Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 price target for the company in a report on Friday, September 13th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, Medical Properties Trust currently has an average rating of "Hold" and a consensus price target of $5.25.

Insiders Place Their Bets

In related news, Director Elizabeth N. Pitman bought 8,087 shares of the company's stock in a transaction dated Wednesday, September 18th. The shares were acquired at an average price of $6.01 per share, with a total value of $48,602.87. Following the completion of the acquisition, the director now owns 76,740 shares in the company, valued at approximately $461,207.40. This trade represents a 11.78 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael G. Stewart sold 32,780 shares of the company's stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total value of $178,978.80. Following the sale, the director now owns 221,245 shares of the company's stock, valued at $1,207,997.70. This trade represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. 1.53% of the stock is currently owned by corporate insiders.

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.