Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Adams Asset Advisors LLC

Adams Asset Advisors LLC lowered its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 45.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MPW. Allworth Financial LP raised its holdings in shares of Medical Properties Trust by 230.4% during the fourth 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 during the last quarter. Versant Capital Management Inc raised its holdings in shares of Medical Properties Trust by 98.1% during the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 3,060 shares during the last quarter. Verus Capital Partners LLC acquired a new position in shares of Medical Properties Trust during the fourth quarter valued at approximately $40,000. RS Crum Inc. acquired a new position in shares of Medical Properties Trust during the fourth quarter valued at approximately $40,000. Finally, Norges Bank acquired a new position in shares of Medical Properties Trust during the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 71.79% of the company's stock.

Medical Properties Trust Price Performance

Shares of NYSE:MPW traded up $0.02 during midday trading on Friday, hitting $4.44. The company had a trading volume of 14,299,942 shares, compared to its average volume of 11,778,843. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.55. The company has a debt-to-equity ratio of 1.99, a current ratio of 3.23 and a quick ratio of 3.23. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of -1.60 and a beta of 1.32. The business's 50-day simple moving average is $4.91 and its 200-day simple moving average is $4.85.

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

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.32 annualized dividend and a yield of 7.22%. Medical Properties Trust's dividend payout ratio (DPR) is -11.55%.

Analysts Set New Price Targets

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

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.