Medical Properties Trust, Inc. (NYSE:MPW) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP grew its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 27.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 448,022 shares of the real estate investment trust’s stock after acquiring an additional 97,203 shares during the quarter. Quantbot Technologies LP owned about 0.07% of Medical Properties Trust worth $2,621,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. D.A. Davidson & CO. increased its position in Medical Properties Trust by 7.1% during the 3rd quarter. D.A. Davidson & CO. now owns 118,256 shares of the real estate investment trust’s stock worth $692,000 after purchasing an additional 7,794 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Medical Properties Trust in the third quarter worth $31,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Medical Properties Trust in the 3rd quarter valued at $76,000. Daiwa Securities Group Inc. lifted its holdings in shares of Medical Properties Trust by 7.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 211,296 shares of the real estate investment trust’s stock valued at $1,236,000 after acquiring an additional 14,479 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its position in Medical Properties Trust by 23.0% during the 3rd quarter. Penserra Capital Management LLC now owns 194,127 shares of the real estate investment trust’s stock worth $1,135,000 after purchasing an additional 36,270 shares during the period. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

MPW stock opened at $4.33 on Thursday. The stock’s 50 day moving average is $4.95 and its two-hundred day moving average is $4.90. Medical Properties Trust, Inc. has a 52-week low of $2.92 and a 52-week high of $6.55. The company has a market capitalization of $2.60 billion, a PE ratio of -1.02, a P/E/G ratio of 0.69 and a beta of 1.32. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Announces Dividend

The business 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 $0.08 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.40%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

Wall Street Analyst Weigh In

A number of research analysts have commented on MPW shares. Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective on the stock in a research note on Friday, September 13th. Truist Financial boosted their price target on Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Friday, September 13th. Finally, Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $5.50.

Insider Activity at Medical Properties Trust

In other news, Director Elizabeth N. Pitman purchased 8,087 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the purchase, the director now owns 76,740 shares of the company’s stock, valued at approximately $461,207.40. This trade represents a 11.78 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael G. Stewart sold 32,780 shares of the business’s stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the sale, the director now directly owns 221,245 shares of the company’s stock, valued at approximately $1,207,997.70. This represents a 12.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.