Atria Wealth Solutions Inc. Sells 39,920 Shares of Medical Properties Trust, Inc. $MPW

Atria Wealth Solutions Inc. lessened its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 45.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,961 shares of the real estate investment trust’s stock after selling 39,920 shares during the period. Atria Wealth Solutions Inc.’s holdings in Medical Properties Trust were worth $202,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of MPW. GAMMA Investing LLC boosted its holdings in shares of Medical Properties Trust by 3,150.3% during the 1st quarter. GAMMA Investing LLC now owns 10,076 shares of the real estate investment trust’s stock valued at $61,000 after buying an additional 9,766 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in Medical Properties Trust in the 1st quarter worth about $99,000. Perigon Wealth Management LLC bought a new position in Medical Properties Trust in the 1st quarter worth about $162,000. PDS Planning Inc bought a new position in Medical Properties Trust in the 1st quarter worth about $78,000. Finally, Beacon Financial Advisory LLC boosted its stake in Medical Properties Trust by 13.4% in the 1st quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust’s stock worth $122,000 after purchasing an additional 2,386 shares in the last quarter. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

NYSE MPW opened at $5.06 on Friday. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.34. The firm has a market capitalization of $3.04 billion, a P/E ratio of -2.12 and a beta of 1.39. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 2.00. The company has a 50-day moving average price of $4.85 and a 200-day moving average price of $4.72.

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 (EPS) 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 return on equity of 28.80% and a negative net margin of 155.20%.The company’s revenue was down 9.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.23 earnings per share. Equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend was Thursday, September 11th. Medical Properties Trust’s dividend payout ratio (DPR) is -13.39%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on MPW shares. Royal Bank Of Canada dropped their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a research note on Monday, June 30th. Zacks Research upgraded shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Wall Street Zen cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 5th. Wells Fargo & Company dropped 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 note on Wednesday, August 27th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Medical Properties Trust in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average 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.