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

Other hedge funds and other institutional investors have also bought and sold shares of the company. Captrust Financial Advisors grew its position in shares of Medical Properties Trust by 28.3% in the 4th quarter. Captrust Financial Advisors now owns 114,447 shares of the real estate investment trust's stock valued at $452,000 after buying an additional 25,218 shares during the last quarter. Focus Partners Wealth grew its position in shares of Medical Properties Trust by 24.1% in the 4th quarter. Focus Partners Wealth now owns 29,275 shares of the real estate investment trust's stock valued at $116,000 after buying an additional 5,692 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of Medical Properties Trust in the 4th quarter valued at about $68,000. Nissay Asset Management Corp Japan ADV grew its position in shares of Medical Properties Trust by 5.6% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 49,953 shares of the real estate investment trust's stock valued at $186,000 after buying an additional 2,661 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Medical Properties Trust by 4.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,676,474 shares of the real estate investment trust's stock valued at $14,522,000 after buying an additional 150,760 shares during the last quarter. Institutional investors own 71.79% of the company's stock.

Wall Street Analyst Weigh In

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

Medical Properties Trust Stock Performance

Shares of Medical Properties Trust stock opened at $5.15 on Monday. The company has a market cap of $3.10 billion, a PE ratio of -2.15 and a beta of 1.35. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The business has a 50 day moving average price of $4.28 and a 200-day moving average price of $4.85. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 2.00.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 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 analysts' expectations 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 business's revenue was down 9.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 earnings per share. Equities analysts anticipate that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust's dividend payout ratio is -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.

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