Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Pacific Sun Financial Corp

Pacific Sun Financial Corp lowered its position in Medical Properties Trust, Inc. (NYSE:MPW) by 22.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,149 shares of the real estate investment trust’s stock after selling 3,875 shares during the period. Pacific Sun Financial Corp’s holdings in Medical Properties Trust were worth $52,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of MPW. Silver Point Capital L.P. increased its position in shares of Medical Properties Trust by 155.3% in the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock valued at $35,100,000 after buying an additional 3,650,000 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of 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 purchasing an additional 2,748,245 shares in the last quarter. SG Americas Securities LLC lifted its stake in Medical Properties Trust by 435.5% in the 4th quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust’s stock valued at $3,649,000 after buying an additional 751,256 shares in the last quarter. International Assets Investment Management LLC grew its holdings in Medical Properties Trust by 378.4% during the 3rd quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock valued at $5,183,000 after buying an additional 700,783 shares during the last quarter. Finally, Wilsey Asset Management Inc. increased its position in Medical Properties Trust by 8.5% during the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock worth $18,379,000 after buying an additional 362,582 shares in the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction on Thursday, December 26th. The shares were 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 of the company’s stock, valued at $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Analyst Ratings Changes

MPW has been the subject of a number of recent research reports. Truist Financial dropped their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Mizuho cut their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $4.92.

Medical Properties Trust Trading Down 0.1 %

Shares of MPW stock opened at $5.02 on Thursday. The firm’s 50-day simple moving average is $4.28 and its 200-day simple moving average is $4.64. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust, Inc. has a 1-year low of $3.45 and a 1-year high of $6.55. The firm has a market cap of $3.01 billion, a P/E ratio of -1.19, a PEG ratio of 1.01 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be issued a $0.08 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.38%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

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.