Adams Asset Advisors LLC Decreases Stock Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Adams Asset Advisors LLC cut its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 45.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 271,226 shares of the real estate investment trust's stock after selling 225,000 shares during the quarter. Adams Asset Advisors LLC's holdings in Medical Properties Trust were worth $1,635,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of MPW. Asset Management One Co. Ltd. boosted its position in Medical Properties Trust by 4.3% during the 4th quarter. Asset Management One Co. Ltd. now owns 889,244 shares of the real estate investment trust's stock valued at $3,317,000 after acquiring an additional 36,516 shares in the last quarter. Rhumbline Advisers boosted its position in Medical Properties Trust by 0.5% during the 4th quarter. Rhumbline Advisers now owns 1,302,206 shares of the real estate investment trust's stock valued at $5,144,000 after acquiring an additional 5,887 shares in the last quarter. Allworth Financial LP boosted its position in Medical Properties Trust by 230.4% during the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 4,241 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its position in Medical Properties Trust by 4.8% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 585,794 shares of the real estate investment trust's stock valued at $2,314,000 after acquiring an additional 26,924 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Medical Properties Trust by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 2,912,274 shares of the real estate investment trust's stock valued at $11,503,000 after acquiring an additional 86,925 shares in the last quarter. 71.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wells Fargo & Company lifted their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research report on Monday, March 10th. Royal Bank Of Canada lifted their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a research report on Monday, March 10th. BNP Paribas raised Medical Properties Trust from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Finally, Wall Street Zen raised Medical Properties Trust from a "sell" rating to a "hold" rating in a research report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Medical Properties Trust presently has a consensus rating of "Hold" and an average target price of $5.75.

Medical Properties Trust Stock Up 0.3%

Shares of MPW traded up $0.02 during mid-day trading on Friday, reaching $4.44. The company had a trading volume of 14,299,942 shares, compared to its average volume of 11,772,232. The company has a debt-to-equity ratio of 1.99, a quick ratio of 3.23 and a current ratio of 3.23. The firm has a 50-day moving average price of $4.91 and a 200 day moving average price of $4.86. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of -1.60 and a beta of 1.32.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). Medical Properties Trust had a negative return on equity of 31.14% and a negative net margin of 174.35%. The company had revenue of $223.80 million during the quarter, compared to the consensus estimate of $233.80 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The business's revenue for the quarter was down 17.5% compared to the same quarter last year. On average, sell-side analysts forecast that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Wednesday, June 18th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.32 dividend on an annualized basis and a yield of 7.22%. Medical Properties Trust's payout ratio is currently -11.55%.

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.