IFM Investors Pty Ltd Sells 39,266 Shares of Medical Properties Trust, Inc. $MPW

IFM Investors Pty Ltd decreased its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 32.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,830 shares of the real estate investment trust’s stock after selling 39,266 shares during the period. IFM Investors Pty Ltd’s holdings in Medical Properties Trust were worth $348,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MPW. Novem Group grew its stake in shares of Medical Properties Trust by 8.1% in 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 last quarter. Beacon Financial Advisory LLC lifted its holdings in Medical Properties Trust by 13.4% during the 1st quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust’s stock worth $122,000 after buying an additional 2,386 shares during the period. HB Wealth Management LLC grew its position in shares of Medical Properties Trust by 7.1% in the 1st quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 2,575 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of 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 valued at $47,000 after buying an additional 2,606 shares during the period. Finally, Versant Capital Management Inc increased its stake 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 buying an additional 3,060 shares during the period. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 1.1%

Shares of NYSE:MPW opened at $4.96 on Wednesday. The company has a market capitalization of $2.98 billion, a PE ratio of -2.07 and a beta of 1.35. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 2.76. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.34. The business has a fifty day moving average price of $4.39 and a two-hundred day moving average price of $4.81.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $240.36 million for the quarter, compared to the consensus estimate of $231.90 million. During the same period in the prior year, the company earned $0.23 earnings per share. The firm’s revenue was down 9.8% on a year-over-year basis. Analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Dividend Announcement

The firm 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 dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Thursday, September 11th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -13.39%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on MPW shares. Wall Street Zen lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 5th. Zacks Research raised shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Royal Bank Of Canada reduced their target price on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research note on Monday, June 30th. Finally, Wells Fargo & Company dropped their price target on Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating on the stock in a research note on Wednesday, August 27th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $5.40.

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.