Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC trimmed its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 30.6% in the third quarter, HoldingsChannel reports. The firm owned 21,280 shares of the real estate investment trust’s stock after selling 9,376 shares during the period. Teamwork Financial Advisors LLC’s holdings in Medical Properties Trust were worth $124,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of MPW. Ables Iannone Moore & Associates Inc. lifted its stake in Medical Properties Trust by 3.4% during the third quarter. Ables Iannone Moore & Associates Inc. now owns 58,707 shares of the real estate investment trust’s stock valued at $343,000 after purchasing an additional 1,939 shares during the last quarter. Wolverine Asset Management LLC lifted its position in shares of Medical Properties Trust by 0.6% during the 2nd quarter. Wolverine Asset Management LLC now owns 405,145 shares of the real estate investment trust’s stock valued at $1,746,000 after acquiring an additional 2,246 shares during the last quarter. Keynote Financial Services LLC boosted its stake in shares of Medical Properties Trust by 4.8% during the 2nd quarter. Keynote Financial Services LLC now owns 59,188 shares of the real estate investment trust’s stock worth $255,000 after acquiring an additional 2,715 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Medical Properties Trust by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock worth $723,000 after acquiring an additional 3,103 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Medical Properties Trust by 107.3% during the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 3,145 shares during the period. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Up 5.9 %

Medical Properties Trust stock opened at $4.99 on Friday. The firm’s 50 day moving average price is $5.15 and its two-hundred day moving average price is $4.89. The firm has a market cap of $2.99 billion, a PE ratio of -2.25, a P/E/G ratio of 0.76 and a beta of 1.29. 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) last released its quarterly earnings data 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 company had revenue of $266.60 million during the quarter, compared to analysts’ expectations of $259.53 million. During the same period last year, the firm posted $0.48 earnings per share. The company’s revenue was down 21.0% on a year-over-year basis. On average, research analysts predict that Medical Properties Trust, Inc. will post 0.85 EPS for the current fiscal year.

Medical Properties Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 9th were issued a $0.08 dividend. The ex-dividend date was Monday, September 9th. This represents a $0.32 dividend on an annualized basis and a yield of 6.41%. Medical Properties Trust’s dividend payout ratio is currently -14.41%.

Insider Activity at Medical Properties Trust

In other Medical Properties Trust news, Director C Reynolds Thompson III sold 20,530 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $4.38, for a total value of $89,921.40. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, Director Elizabeth N. Pitman acquired 8,087 shares of Medical Properties Trust stock in a transaction dated 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 $461,207.40. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director C Reynolds Thompson III sold 20,530 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total transaction of $89,921.40. Following the sale, the director now directly owns 54,637 shares of the company’s stock, valued at approximately $239,310.06. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 63,335 shares of company stock valued at $318,825. 1.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Truist Financial lifted their price target on Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Friday, September 13th. Wolfe Research raised shares of Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. 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 research report on Friday, September 13th. Finally, BNP Paribas cut shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $6.00 to $4.00 in a research report on Tuesday, July 2nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Medical Properties Trust currently has a consensus 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.