Medical Properties Trust, Inc. (NYSE:MPW) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. reduced its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 22.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,881 shares of the real estate investment trust’s stock after selling 24,609 shares during the period. Atria Wealth Solutions Inc.’s holdings in Medical Properties Trust were worth $524,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc increased its position in 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 worth $37,000 after buying an additional 3,060 shares during the period. GF Fund Management CO. LTD. acquired a new stake in Medical Properties Trust in the fourth quarter worth $41,000. Farther Finance Advisors LLC increased its position in Medical Properties Trust by 49.5% in the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 2,606 shares during the period. Armis Advisers LLC acquired a new stake in Medical Properties Trust in the fourth quarter worth $51,000. Finally, Sound Income Strategies LLC increased its position in Medical Properties Trust by 134.0% in the first quarter. Sound Income Strategies LLC now owns 8,760 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 5,016 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on MPW shares. Royal Bank Of Canada dropped their target price on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a research report on Monday, June 30th. Wall Street Zen lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 5th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and an average target price of $5.67.

Medical Properties Trust Trading Up 3.5%

NYSE:MPW opened at $4.12 on Thursday. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of -1.72 and a beta of 1.28. The business has a fifty day moving average of $4.29 and a 200-day moving average of $4.91. The company has a debt-to-equity ratio of 2.00, a quick ratio of 3.23 and a current ratio of 2.76.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, July 31st. 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). Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%. The business had revenue of $240.36 million during the quarter, compared to the consensus estimate of $231.90 million. During the same period in the previous year, the company posted $0.23 EPS. The company’s revenue for the quarter was down 9.8% compared to the same quarter last year. Equities analysts predict that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Wednesday, June 18th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.32 annualized dividend and a yield of 7.8%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -13.39%.

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.