Voloridge Investment Management LLC Has $5.42 Million Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Voloridge Investment Management LLC cut its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 15.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,371,423 shares of the real estate investment trust's stock after selling 245,577 shares during the period. Voloridge Investment Management LLC owned about 0.23% of Medical Properties Trust worth $5,417,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Nissay Asset Management Corp Japan ADV lifted its holdings in Medical Properties Trust by 5.6% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 49,953 shares of the real estate investment trust's stock worth $186,000 after buying an additional 2,661 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Medical Properties Trust during the 4th quarter worth $68,000. Hudson Bay Capital Management LP acquired a new position in Medical Properties Trust during the 4th quarter worth $4,562,000. Focus Partners Wealth lifted its holdings in Medical Properties Trust by 24.1% during the 4th quarter. Focus Partners Wealth now owns 29,275 shares of the real estate investment trust's stock worth $116,000 after buying an additional 5,692 shares in the last quarter. Finally, Centiva Capital LP lifted its holdings in Medical Properties Trust by 275.8% during the 4th quarter. Centiva Capital LP now owns 721,636 shares of the real estate investment trust's stock worth $2,850,000 after buying an additional 529,609 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Medical Properties Trust Trading Down 0.9%

Shares of MPW stock traded down $0.04 during trading hours on Friday, reaching $4.57. The company had a trading volume of 13,264,435 shares, compared to its average volume of 11,969,021. The company has a 50 day moving average of $5.24 and a 200 day moving average of $4.84. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The firm has a market cap of $2.75 billion, a price-to-earnings ratio of -1.08, a P/E/G ratio of 1.01 and a beta of 1.41. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55.

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 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The firm had revenue of $223.80 million during the quarter, compared to the consensus estimate of $233.80 million. The firm's revenue for the quarter was down 17.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 earnings per share. On average, equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Wednesday, June 18th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 7.00%. The ex-dividend date is Wednesday, June 18th. Medical Properties Trust's payout ratio is presently -11.55%.

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.