Edmp Inc. Lowers Holdings in Medical Properties Trust, Inc. $MPW

Edmp Inc. trimmed its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 7.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 197,449 shares of the real estate investment trust’s stock after selling 16,049 shares during the quarter. Edmp Inc.’s holdings in Medical Properties Trust were worth $851,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Welch Group LLC raised its position in shares of Medical Properties Trust by 32.0% in the second quarter. Welch Group LLC now owns 51,264 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 12,434 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of Medical Properties Trust by 20.8% in the second quarter. Concurrent Investment Advisors LLC now owns 21,306 shares of the real estate investment trust’s stock worth $92,000 after acquiring an additional 3,671 shares during the period. Apollon Wealth Management LLC acquired a new position in shares of Medical Properties Trust in the second quarter worth about $47,000. Inspire Investing LLC raised its position in shares of Medical Properties Trust by 58.2% in the second quarter. Inspire Investing LLC now owns 90,844 shares of the real estate investment trust’s stock worth $392,000 after acquiring an additional 33,419 shares during the period. Finally, Commerzbank Aktiengesellschaft FI raised its position in shares of Medical Properties Trust by 18.7% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 188,287 shares of the real estate investment trust’s stock worth $812,000 after acquiring an additional 29,641 shares during the period. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 0.1%

MPW stock opened at $5.15 on Tuesday. The firm has a 50-day moving average of $4.68 and a two-hundred day moving average of $4.73. Medical Properties Trust, Inc. has a 12 month low of $3.51 and a 12 month high of $6.34. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 2.00. The company has a market cap of $3.09 billion, a price-to-earnings ratio of -2.15 and a beta of 1.39.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $240.36 million during the quarter, compared to analysts’ expectations of $231.90 million. Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The business’s quarterly revenue was down 9.8% on a year-over-year basis. During the same period last year, the company earned $0.23 EPS. As a group, analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on MPW. Weiss Ratings reiterated a “sell (d-)” rating on shares of Medical Properties Trust in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 5th. Royal Bank Of Canada reduced their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research report on Monday, June 30th. Finally, Wells Fargo & Company reduced their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating for the company in a research report on Wednesday, August 27th. One 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average 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.