Prime Capital Investment Advisors LLC Sells 6,153 Shares of Medical Properties Trust, Inc. $MPW

Prime Capital Investment Advisors LLC cut its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 20.6% in the second quarter, Holdings Channel reports. The institutional investor owned 23,735 shares of the real estate investment trust’s stock after selling 6,153 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Medical Properties Trust were worth $102,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MPW. Ameritas Advisory Services LLC grew its stake in Medical Properties Trust by 2.4% in the second quarter. Ameritas Advisory Services LLC now owns 238,313 shares of the real estate investment trust’s stock valued at $1,027,000 after purchasing an additional 5,564 shares in the last quarter. Wilsey Asset Management Inc. grew its stake in Medical Properties Trust by 6.1% in the second quarter. Wilsey Asset Management Inc. now owns 4,927,568 shares of the real estate investment trust’s stock valued at $21,238,000 after purchasing an additional 281,591 shares in the last quarter. Norden Group LLC bought a new position in Medical Properties Trust in the second quarter valued at approximately $105,000. Busey Bank bought a new position in Medical Properties Trust in the second quarter valued at approximately $49,000. Finally, Parallel Advisors LLC grew its stake in Medical Properties Trust by 10.0% in the second quarter. Parallel Advisors LLC now owns 45,477 shares of the real estate investment trust’s stock valued at $196,000 after purchasing an additional 4,118 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on MPW shares. Royal Bank Of Canada decreased their price target 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. Wall Street Zen downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Medical Properties Trust in a research note on Wednesday, October 8th. Wells Fargo & Company decreased their price target on Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating for the company in a research note on Wednesday, August 27th. Finally, Zacks Research upgraded Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $5.40.

Medical Properties Trust Stock Performance

Shares of NYSE MPW opened at $5.15 on Monday. 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 12 month low of $3.51 and a 12 month high of $6.34. The stock has a 50 day moving average of $4.66 and a 200-day moving average of $4.74. The company has a market capitalization of $3.10 billion, a P/E ratio of -2.16 and a beta of 1.39.

Medical Properties Trust (NYSE:MPW) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 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 for the quarter, compared to the consensus estimate of $231.90 million. During the same quarter in the prior year, the firm posted $0.23 earnings per share. The business’s revenue was down 9.8% compared to the same quarter last year. As a group, equities research analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 11th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Thursday, September 11th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -13.39%.

Medical Properties Trust Company 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.