Versor Investments LP Sells 217,300 Shares of 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 stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 76.2% during the first quarter, according to its most recent Form 13F 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 quarter. Versor Investments LP's holdings in Medical Properties Trust were worth $408,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. New Age Alpha Advisors LLC bought a new position in shares of Medical Properties Trust during the first quarter valued at about $617,000. Public Sector Pension Investment Board lifted its holdings in Medical Properties Trust by 27.3% in the first quarter. Public Sector Pension Investment Board now owns 1,903,990 shares of the real estate investment trust's stock worth $11,481,000 after buying an additional 408,133 shares during the period. Teacher Retirement System of Texas purchased a new stake in Medical Properties Trust in the first quarter worth about $478,000. Charles Schwab Investment Management Inc. lifted its holdings in Medical Properties Trust by 13.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 10,020,568 shares of the real estate investment trust's stock worth $60,424,000 after buying an additional 1,182,028 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in shares of Medical Properties Trust by 303.9% during the first quarter. Victory Capital Management Inc. now owns 419,069 shares of the real estate investment trust's stock valued at $2,527,000 after purchasing an additional 315,309 shares during the last quarter. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Down 1.3%

Shares of MPW traded down $0.06 on Tuesday, hitting $4.33. 6,867,000 shares of the stock traded hands, compared to its average volume of 8,794,177. The company has a market capitalization of $2.60 billion, a PE ratio of -1.81 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. The business has a 50 day simple moving average of $4.24 and a 200 day simple moving average of $4.88. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its quarterly earnings results 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). The firm had revenue of $240.36 million for the quarter, compared to the consensus estimate of $231.90 million. Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. Medical Properties Trust's revenue was down 9.8% on a year-over-year basis. During the same period last year, the business earned $0.23 EPS. As a group, equities analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust's payout ratio is -13.39%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a report on Saturday, July 5th. Royal Bank Of Canada lowered their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a report on Monday, June 30th. Finally, Zacks Research upgraded shares of Medical Properties Trust from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $5.67.

About Medical Properties Trust

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.