Vanguard Personalized Indexing Management LLC Sells 7,950 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Vanguard Personalized Indexing Management LLC decreased its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 4.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 173,266 shares of the real estate investment trust’s stock after selling 7,950 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Medical Properties Trust were worth $746,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Lindbrook Capital LLC lifted its position in shares of Medical Properties Trust by 112.1% during the 1st quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 3,819 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Medical Properties Trust by 435.0% during the second quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 6,482 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of Medical Properties Trust during the first quarter worth approximately $38,000. Iron Horse Wealth Management LLC boosted its position in shares of Medical Properties Trust by 166.7% in the second quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 5,000 shares during the period. Finally, Fidelis Capital Partners LLC acquired a new stake in shares of Medical Properties Trust in the first quarter worth $43,000. 71.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target for the company in a report on Friday, September 13th. BNP Paribas lowered shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $6.00 to $4.00 in a research report on Tuesday, July 2nd. Finally, Truist Financial lifted their target price on Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Friday, September 13th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.22.

Medical Properties Trust Stock Performance

NYSE MPW opened at $6.11 on Wednesday. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $6.55. The company has a quick ratio of 2.93, a current ratio of 2.93 and a debt-to-equity ratio of 1.51. The stock has a market cap of $3.67 billion, a P/E ratio of -2.75, a PEG ratio of 0.68 and a beta of 1.28. The company’s 50-day simple moving average is $4.98 and its 200 day simple moving average is $4.77.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.75). The firm had revenue of $266.60 million during the quarter, compared to the consensus estimate of $259.53 million. During the same quarter in the prior year, the company posted $0.48 EPS. The company’s revenue for the quarter was down 21.0% on a year-over-year basis. As a group, research analysts forecast that Medical Properties Trust, Inc. will post 0.89 earnings per share for the current fiscal year.

Medical Properties Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Monday, September 9th will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, September 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.24%. Medical Properties Trust’s payout ratio is presently -14.41%.

Insider Buying and Selling at Medical Properties Trust

In related news, Director C Reynolds Thompson III sold 20,530 shares of the stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $4.38, for a total transaction of $89,921.40. Following the completion of the sale, the director now owns 54,637 shares in the company, valued at approximately $239,310.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Medical Properties Trust news, Director Elizabeth N. Pitman acquired 8,087 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was purchased at an average price of $6.01 per share, for a total transaction of $48,602.87. Following the transaction, the director now owns 76,740 shares in the company, valued at approximately $461,207.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director C Reynolds Thompson III sold 20,530 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total value of $89,921.40. Following the sale, the director now owns 54,637 shares in the company, valued at approximately $239,310.06. The disclosure for this sale can be found here. Company insiders own 1.53% of the company’s stock.

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.