Demars Financial Group LLC Sells 3,081 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Demars Financial Group LLC trimmed its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 9.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,518 shares of the real estate investment trust’s stock after selling 3,081 shares during the quarter. Demars Financial Group LLC’s holdings in Medical Properties Trust were worth $127,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Lindbrook Capital LLC grew its stake in Medical Properties Trust by 112.1% during the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 3,819 shares during the last quarter. Versant Capital Management Inc grew its stake in 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 bought a new stake in Medical Properties Trust during the first quarter worth about $38,000. Cetera Trust Company N.A bought a new stake in Medical Properties Trust during the fourth quarter worth about $43,000. Finally, Fidelis Capital Partners LLC bought a new stake in Medical Properties Trust during the first quarter worth about $43,000. 71.79% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Medical Properties Trust news, Director Elizabeth N. Pitman sold 10,025 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $4.98, for a total value of $49,924.50. Following the sale, the director now directly owns 68,653 shares in the company, valued at $341,891.94. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.53% of the company’s stock.

Medical Properties Trust Trading Down 0.2 %

MPW stock traded down $0.01 during midday trading on Friday, reaching $4.92. The company’s stock had a trading volume of 8,857,287 shares, compared to its average volume of 18,794,719. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $7.73. The stock has a market cap of $2.95 billion, a PE ratio of -2.22, a price-to-earnings-growth ratio of 0.65 and a beta of 1.27. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.51. The business’s 50-day simple moving average is $4.69 and its 200-day simple moving average is $4.51.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.75). The business had revenue of $266.60 million for the quarter, compared to analysts’ expectations of $259.53 million. The business’s revenue was down 21.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.48 earnings per share. As a group, sell-side analysts expect that Medical Properties Trust, Inc. will post 0.88 EPS for the current year.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th were issued a $0.15 dividend. The ex-dividend date was Monday, June 10th. This represents a $0.60 annualized dividend and a yield of 12.20%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MPW. Truist Financial increased their price target on shares of Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a research note on Thursday, May 30th. Royal Bank of Canada reissued a “sector perform” rating and set a $5.00 price target on shares of Medical Properties Trust in a research note on Tuesday, May 14th. BNP Paribas cut shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $6.00 to $4.00 in a research note on Tuesday, July 2nd. Finally, StockNews.com cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 18th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Medical Properties Trust presently has an average rating of “Hold” and a consensus target price of $5.38.

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.