Collective Family Office LLC Sells 6,000 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Collective Family Office LLC reduced its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 33.3% during the 4th quarter, Holdings Channel reports. The fund owned 12,000 shares of the real estate investment trust’s stock after selling 6,000 shares during the period. Collective Family Office LLC’s holdings in Medical Properties Trust were worth $47,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Silver Point Capital L.P. increased its stake in shares of Medical Properties Trust by 155.3% during the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock worth $35,100,000 after purchasing an additional 3,650,000 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Medical Properties Trust by 353.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock worth $20,625,000 after buying an additional 2,748,245 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Medical Properties Trust by 378.4% during the third quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock worth $5,183,000 after buying an additional 700,783 shares in the last quarter. APG Asset Management US Inc. bought a new stake in shares of Medical Properties Trust in the second quarter valued at about $2,045,000. Finally, Caxton Associates LP acquired a new position in shares of Medical Properties Trust in the second quarter valued at about $2,066,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Stock Performance

Shares of MPW stock traded down $0.01 during trading hours on Wednesday, hitting $3.91. 3,554,673 shares of the company were exchanged, compared to its average volume of 9,271,793. The firm has a fifty day simple moving average of $4.19 and a 200 day simple moving average of $4.66. Medical Properties Trust, Inc. has a 52-week low of $2.92 and a 52-week high of $6.55. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of -0.93, a P/E/G ratio of 0.62 and a beta of 1.29. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 8.18%. The ex-dividend date of this dividend is Thursday, December 12th. Medical Properties Trust’s payout ratio is presently -7.58%.

Analyst Ratings Changes

A number of analysts have issued reports on MPW shares. Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price for the company in a research report on Friday, September 13th. Mizuho decreased their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Finally, Truist Financial decreased their price target on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $4.92.

Insider Activity at Medical Properties Trust

In related 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 value of $43,304.52. Following the completion of the sale, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.53% of the stock is 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.