Yousif Capital Management LLC Cuts Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Yousif Capital Management LLC trimmed its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 2.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 181,391 shares of the real estate investment trust’s stock after selling 3,611 shares during the period. Yousif Capital Management LLC’s holdings in Medical Properties Trust were worth $1,094,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in shares of Medical Properties Trust by 230.4% in 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 period. Versant Capital Management Inc boosted its holdings in shares of Medical Properties Trust by 98.1% in 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 period. Verus Capital Partners LLC acquired a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $40,000. RS Crum Inc. acquired a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $40,000. Finally, Norges Bank acquired a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $41,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Medical Properties Trust Trading Down 0.6%

NYSE:MPW opened at $4.42 on Thursday. The stock has a fifty day moving average price of $4.94 and a two-hundred day moving average price of $4.85. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of -1.59 and a beta of 1.32. The company has a debt-to-equity ratio of 1.99, a quick ratio of 3.23 and a current ratio of 3.23. 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) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). The business had revenue of $223.80 million during the quarter, compared to analysts’ expectations of $233.80 million. Medical Properties Trust had a negative return on equity of 31.14% and a negative net margin of 174.35%. The company’s revenue was down 17.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS. As a group, sell-side analysts anticipate that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.25%. The ex-dividend date of this dividend is Wednesday, June 18th. Medical Properties Trust’s dividend 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.