Inspire Investing LLC Lowers Stake in Medical Properties Trust, Inc. $MPW

Key Points

• Inspire Investing LLC has reduced its holdings in Medical Properties Trust by 49.9%, selling 57,282 shares, and now owns 57,425 shares valued at approximately $346,000.
• Several institutional investors have increased their positions in Medical Properties Trust, with notable growth from Captrust Financial Advisors (28.3% increase) and Focus Partners Wealth (24.1% increase) in the last quarter.
• The company recently announced a quarterly dividend of $0.08 per share, reflecting an annualized yield of 6.2%, with the ex-dividend date set for September 11th.

Inspire Investing LLC reduced its position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 49.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,425 shares of the real estate investment trust's stock after selling 57,282 shares during the quarter. Inspire Investing LLC's holdings in Medical Properties Trust were worth $346,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc grew its holdings in Medical Properties Trust by 98.1% in the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 3,060 shares during the last quarter. GF Fund Management CO. LTD. purchased a new position in Medical Properties Trust in the fourth quarter worth $41,000. Itau Unibanco Holding S.A. purchased a new position in Medical Properties Trust in the first quarter worth $41,000. Farther Finance Advisors LLC grew its holdings in Medical Properties Trust by 49.5% in the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 2,606 shares during the last quarter. Finally, Twin Tree Management LP acquired a new stake in shares of Medical Properties Trust during the first quarter worth $48,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on MPW. Wells Fargo & Company lowered their price objective on shares of Medical Properties Trust from $5.00 to $4.50 and set an "underweight" rating for the company in a research note on Wednesday, August 27th. Royal Bank Of Canada lowered their price objective on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a research note on Monday, June 30th. Wall Street Zen downgraded shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th. Finally, Zacks Research upgraded shares of Medical Properties Trust from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $5.40.

Medical Properties Trust Stock Performance

NYSE MPW traded down $0.02 on Friday, reaching $5.02. 40,223,448 shares of the company's stock traded hands, compared to its average volume of 8,247,606. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of -2.10 and a beta of 1.35. The stock has a 50 day moving average price of $4.36 and a 200-day moving average price of $4.83. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.34. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.76 and a current ratio of 2.76.

Medical Properties Trust (NYSE:MPW - Get Free Report) last posted its earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The business had revenue of $240.36 million for the quarter, compared to analyst estimates of $231.90 million. Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The company's revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.23 earnings per share. Equities research analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 11th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.32 dividend on an annualized basis and a yield of 6.4%. Medical Properties Trust's payout ratio is currently -13.39%.

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.