Advisors Asset Management Inc. Sells 137,135 Shares of Medical Properties Trust, Inc. $MPW

Advisors Asset Management Inc. decreased its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 21.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 488,941 shares of the real estate investment trust’s stock after selling 137,135 shares during the quarter. Advisors Asset Management Inc. owned approximately 0.08% of Medical Properties Trust worth $2,479,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Eastern Bank bought a new stake in shares of Medical Properties Trust in the 3rd quarter valued at about $28,000. Hantz Financial Services Inc. lifted its stake in shares of Medical Properties Trust by 346.5% in the third quarter. Hantz Financial Services Inc. now owns 7,274 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 5,645 shares during the period. Focus Partners Advisor Solutions LLC acquired a new position in shares of Medical Properties Trust in the second quarter worth approximately $44,000. Brighton Jones LLC bought a new stake in Medical Properties Trust in the second quarter valued at approximately $44,000. Finally, Drive Wealth Management LLC acquired a new stake in Medical Properties Trust during the 2nd quarter valued at approximately $45,000. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Price Performance

The business’s 50-day moving average is $5.13 and its two-hundred day moving average is $4.97. Medical Properties Trust, Inc. has a 12 month low of $3.95 and a 12 month high of $6.34. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of -4.27 and a beta of 1.43. The company has a debt-to-equity ratio of 2.06, a quick ratio of 2.68 and a current ratio of 2.68.

Medical Properties Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th were given a $0.09 dividend. The ex-dividend date was Thursday, December 11th. This is an increase from Medical Properties Trust’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a yield of 7.1%. Medical Properties Trust’s dividend payout ratio is presently -30.51%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MPW. Wells Fargo & Company boosted their price target on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 25th. Wall Street Zen cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Monday, January 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Medical Properties Trust in a report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Medical Properties Trust presently has an average rating of “Reduce” and a consensus target price of $6.17.

Medical Properties Trust Profile

Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.

Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.