Versant Capital Management Inc Grows Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Versant Capital Management Inc grew its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 435.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,972 shares of the real estate investment trust’s stock after acquiring an additional 6,482 shares during the period. Versant Capital Management Inc’s holdings in Medical Properties Trust were worth $34,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in MPW. Vanguard Group Inc. increased its stake in Medical Properties Trust by 8.2% in the first quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust’s stock valued at $437,373,000 after purchasing an additional 7,084,981 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Medical Properties Trust by 5.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock valued at $44,476,000 after acquiring an additional 448,118 shares during the period. Coatue Management LLC boosted its holdings in shares of Medical Properties Trust by 18.5% in the fourth quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock valued at $33,420,000 after acquiring an additional 1,060,830 shares during the period. Lasalle Investment Management Securities LLC boosted its holdings in shares of Medical Properties Trust by 6.5% in the fourth quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock valued at $26,490,000 after acquiring an additional 329,224 shares during the period. Finally, Norges Bank acquired a new stake in shares of Medical Properties Trust during the fourth quarter worth $25,655,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on MPW. StockNews.com downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 18th. BNP Paribas downgraded Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $6.00 to $4.00 in a report on Tuesday, July 2nd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a research report on Tuesday, May 14th. Truist Financial increased their price objective on Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a research report on Thursday, May 30th. Finally, Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and increased their price objective for the stock from $2.00 to $5.00 in a research report on Wednesday, April 17th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.61.

Medical Properties Trust Trading Down 1.0 %

Shares of NYSE MPW traded down $0.05 during midday trading on Wednesday, hitting $4.74. The stock had a trading volume of 4,495,564 shares, compared to its average volume of 18,941,861. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of -2.14, a PEG ratio of 0.65 and a beta of 1.27. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $9.54. 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 company has a fifty day moving average price of $4.80 and a 200 day moving average price of $4.44.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Investors of record on Monday, June 10th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 12.66%. The ex-dividend date of this dividend was Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -27.03%.

About Medical Properties Trust

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.