Versor Investments LP Lowers Stock Holdings in Medical Properties Trust, Inc. $MPW

Key Points

• Versor Investments LP reduced its stake in Medical Properties Trust by 76.2%, selling 217,300 shares and holding only 67,700 shares worth $408,000 at the end of the reporting period.
• Medical Properties Trust recently announced a quarterly dividend of $0.08 per share, with a yield of 7.4%, set to be paid on October 9th to shareholders of record.
• Despite a 2.2% increase in share price, Medical Properties Trust reported a quarterly EPS of $0.14, missing estimates, and its revenue declined by 9.8% year-over-year.

Versor Investments LP reduced its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 76.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,700 shares of the real estate investment trust's stock after selling 217,300 shares during the period. Versor Investments LP's holdings in Medical Properties Trust were worth $408,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Novem Group boosted its position in Medical Properties Trust by 8.1% during the first quarter. Novem Group now owns 27,606 shares of the real estate investment trust's stock worth $166,000 after purchasing an additional 2,058 shares during the period. Beacon Financial Advisory LLC raised its stake in Medical Properties Trust by 13.4% in the first quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust's stock valued at $122,000 after purchasing an additional 2,386 shares in the last quarter. HB Wealth Management LLC raised its stake in Medical Properties Trust by 7.1% during the first quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust's stock worth $233,000 after acquiring an additional 2,575 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Medical Properties Trust by 49.5% during the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock worth $47,000 after acquiring an additional 2,606 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its stake in Medical Properties Trust by 5.6% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 49,953 shares of the real estate investment trust's stock worth $186,000 after acquiring an additional 2,661 shares in the last quarter. 71.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. 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 cut their price target on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating on the stock in a report on Monday, June 30th. Finally, Wall Street Zen cut Medical Properties Trust from a "hold" rating to a "sell" rating in a report on Saturday, July 5th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $5.67.

Medical Properties Trust Stock Performance

MPW traded up $0.0550 during midday trading on Monday, reaching $4.3650. The company had a trading volume of 3,824,223 shares, compared to its average volume of 10,464,400. The business has a 50-day moving average price of $4.25 and a two-hundred day moving average price of $4.89. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. The stock has a market cap of $2.62 billion, a PE ratio of -1.83 and a beta of 1.28. 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 announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The firm had revenue of $240.36 million for the quarter, compared to the consensus estimate of $231.90 million. During the same period last year, the company posted $0.23 earnings per share. Medical Properties Trust's revenue for the quarter was down 9.8% on a year-over-year basis. On average, sell-side analysts expect that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The firm 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.32 annualized dividend and a yield of 7.3%. 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.