AdvisorShares Investments LLC Raises Stake in Medical Properties Trust, Inc. $MPW

AdvisorShares Investments LLC boosted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 26.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 108,962 shares of the real estate investment trust’s stock after purchasing an additional 22,462 shares during the period. AdvisorShares Investments LLC’s holdings in Medical Properties Trust were worth $470,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Strs Ohio grew its position in Medical Properties Trust by 40.1% during the 2nd quarter. Strs Ohio now owns 223,802 shares of the real estate investment trust’s stock worth $965,000 after purchasing an additional 64,062 shares during the last quarter. Y Intercept Hong Kong Ltd grew its position in Medical Properties Trust by 179.2% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 53,623 shares of the real estate investment trust’s stock worth $231,000 after purchasing an additional 34,415 shares during the last quarter. Bessemer Group Inc. grew its position in Medical Properties Trust by 1,358.5% during the 2nd quarter. Bessemer Group Inc. now owns 33,182 shares of the real estate investment trust’s stock worth $143,000 after purchasing an additional 30,907 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Medical Properties Trust by 54.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 91,775 shares of the real estate investment trust’s stock worth $396,000 after purchasing an additional 32,246 shares during the last quarter. Finally, Brighton Jones LLC purchased a new position in Medical Properties Trust during the 2nd quarter worth $44,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on MPW shares. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, July 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a report on Wednesday, October 8th. Wells Fargo & Company cut their price objective on 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. 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 equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Medical Properties Trust has an average rating of “Reduce” and a consensus price target of $5.40.

Medical Properties Trust Stock Up 6.4%

Shares of NYSE MPW opened at $5.17 on Friday. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.34. The company has a market capitalization of $3.11 billion, a PE ratio of -2.16 and a beta of 1.39. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 2.76. The firm’s 50-day moving average is $4.93 and its two-hundred day moving average is $4.71.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The business had revenue of $237.52 million during the quarter, compared to analysts’ expectations of $244.89 million. During the same period last year, the company earned $0.16 EPS. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. Equities analysts anticipate that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

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

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.