Y Intercept Hong Kong Ltd Has $231,000 Stock Position in Medical Properties Trust, Inc. $MPW

Y Intercept Hong Kong Ltd increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 179.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,623 shares of the real estate investment trust’s stock after purchasing an additional 34,415 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Medical Properties Trust were worth $231,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MPW. Teacher Retirement System of Texas acquired a new position in shares of Medical Properties Trust in the 1st quarter valued at about $478,000. M&T Bank Corp raised its holdings in shares of Medical Properties Trust by 1.8% in the first quarter. M&T Bank Corp now owns 297,664 shares of the real estate investment trust’s stock valued at $1,795,000 after purchasing an additional 5,339 shares during the last quarter. Sage Rhino Capital LLC increased its position in shares of Medical Properties Trust by 24.8% during the first quarter. Sage Rhino Capital LLC now owns 27,823 shares of the real estate investment trust’s stock valued at $168,000 after acquiring an additional 5,524 shares during the last quarter. CWM LLC raised its stake in shares of Medical Properties Trust by 103.2% during the 1st quarter. CWM LLC now owns 32,684 shares of the real estate investment trust’s stock worth $197,000 after purchasing an additional 16,601 shares during the period. Finally, Left Brain Wealth Management LLC purchased a new position in Medical Properties Trust in the first quarter valued at approximately $121,000. Institutional investors own 71.79% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on MPW. Wells Fargo & Company cut their price target on Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating for the company in a report on Wednesday, August 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a report on Wednesday, October 8th. Finally, Zacks Research raised Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $5.40.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $5.08 on Friday. The business has a fifty day moving average price of $5.01 and a 200-day moving average price of $4.69. The company has a market capitalization of $3.05 billion, a PE ratio of -2.12 and a beta of 1.42. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.34. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 2.76.

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

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.32 dividend on an annualized basis and a yield of 6.3%. Medical Properties Trust’s dividend payout ratio is currently -27.12%.

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.