Versor Investments LP Purchases 12,400 Shares of Medical Properties Trust, Inc. $MPW

Versor Investments LP lifted its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 18.3% during the second quarter, HoldingsChannel reports. The firm owned 80,100 shares of the real estate investment trust’s stock after buying an additional 12,400 shares during the quarter. Versor Investments LP’s holdings in Medical Properties Trust were worth $345,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in shares of Medical Properties Trust by 13.4% during 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 purchasing an additional 1,182,028 shares in the last quarter. Allianz Asset Management GmbH boosted its position in shares of Medical Properties Trust by 43.2% during the first quarter. Allianz Asset Management GmbH now owns 7,134,629 shares of the real estate investment trust’s stock worth $43,022,000 after purchasing an additional 2,152,861 shares in the last quarter. Northern Trust Corp boosted its position in shares of Medical Properties Trust by 1.5% during the first quarter. Northern Trust Corp now owns 6,404,674 shares of the real estate investment trust’s stock worth $38,620,000 after purchasing an additional 95,525 shares in the last quarter. Wilsey Asset Management Inc. boosted its position in shares of Medical Properties Trust by 6.1% during the second quarter. Wilsey Asset Management Inc. now owns 4,927,568 shares of the real estate investment trust’s stock worth $21,238,000 after purchasing an additional 281,591 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Medical Properties Trust by 11.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,086,848 shares of the real estate investment trust’s stock worth $24,644,000 after purchasing an additional 410,374 shares in the last quarter. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Down 1.4%

Shares of MPW stock opened at $4.86 on Thursday. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 2.00. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.34. The firm’s fifty day moving average price is $4.98 and its two-hundred day moving average price is $4.69. The firm has a market capitalization of $2.92 billion, a P/E ratio of -2.03 and a beta of 1.39.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The business had revenue of $237.52 million during the quarter, compared to analyst estimates of $244.89 million. During the same quarter in the previous year, the firm posted $0.16 earnings per share. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. On average, equities analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 6.6%. The ex-dividend date was Thursday, September 11th. Medical Properties Trust’s payout ratio is presently -27.12%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MPW. Wells Fargo & Company reduced their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating on the stock in a research report on Wednesday, August 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Medical Properties Trust in a research report on Wednesday, October 8th. 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. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $5.40.

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.