Sage Capital Advisors llc Purchases 11,143 Shares of Medical Properties Trust, Inc. $MPW

Sage Capital Advisors llc grew its position in Medical Properties Trust, Inc. (NYSE:MPW) by 57.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,467 shares of the real estate investment trust’s stock after acquiring an additional 11,143 shares during the period. Sage Capital Advisors llc’s holdings in Medical Properties Trust were worth $131,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of MPW. Versant Capital Management Inc raised its position in Medical Properties Trust by 98.1% in the 1st quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 3,060 shares during the last quarter. Itau Unibanco Holding S.A. bought a new position in Medical Properties Trust in the 1st quarter worth approximately $41,000. Farther Finance Advisors LLC raised its position in Medical Properties Trust by 49.5% in the 1st quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 2,606 shares during the last quarter. Twin Tree Management LP bought a new position in Medical Properties Trust in the 1st quarter worth approximately $48,000. Finally, Brooklyn Investment Group raised its position in Medical Properties Trust by 216.8% in the 1st quarter. Brooklyn Investment Group now owns 8,135 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 5,567 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wells Fargo & Company dropped their price objective 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. Royal Bank Of Canada dropped their price objective 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. Wall Street Zen cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 5th. Finally, 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. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $5.40.

Medical Properties Trust Price Performance

Shares of MPW stock opened at $5.15 on Friday. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of -2.15 and a beta of 1.35. 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 firm has a fifty day moving average of $4.28 and a 200-day moving average of $4.85.

Medical Properties Trust (NYSE:MPW) last announced its quarterly 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). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The firm had revenue of $240.36 million during the quarter, compared to analyst estimates of $231.90 million. During the same period last year, the firm earned $0.23 EPS. Medical Properties Trust’s quarterly revenue was down 9.8% on a year-over-year basis. On average, equities research analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, September 11th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.32 annualized dividend and a dividend yield of 6.2%. Medical Properties Trust’s payout ratio is -13.39%.

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.