Stablepoint Partners LLC Decreases Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Stablepoint Partners LLC reduced its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 19.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 20,586 shares of the real estate investment trust’s stock after selling 5,100 shares during the quarter. Stablepoint Partners LLC’s holdings in Medical Properties Trust were worth $124,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MPW. Versor Investments LP boosted its holdings in Medical Properties Trust by 192.3% in the fourth quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock valued at $1,126,000 after acquiring an additional 187,500 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Medical Properties Trust by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust’s stock valued at $34,912,000 after purchasing an additional 118,577 shares in the last quarter. Y Intercept Hong Kong Ltd raised its stake in Medical Properties Trust by 506.8% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust’s stock valued at $250,000 after buying an additional 52,790 shares during the last quarter. Wilsey Asset Management Inc. boosted its stake in Medical Properties Trust by 8.5% in the 4th quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock worth $18,379,000 after purchasing an additional 362,582 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Medical Properties Trust in the fourth quarter worth approximately $2,114,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MPW has been the topic of a number of research analyst reports. Royal Bank of Canada upped their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, March 10th. Wall Street Zen raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Wells Fargo & Company increased their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Finally, BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $5.75.

Medical Properties Trust Stock Up 2.5%

Shares of NYSE MPW opened at $4.53 on Friday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The firm has a 50-day simple moving average of $5.08 and a two-hundred day simple moving average of $4.84. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The company has a market cap of $2.72 billion, a P/E ratio of -1.07, a PEG ratio of 1.01 and a beta of 1.41.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company had revenue of $223.80 million for the quarter, compared to the consensus estimate of $233.80 million. During the same quarter in the previous year, the company earned $0.24 earnings per share. Medical Properties Trust’s revenue for the quarter was down 17.5% compared to the same quarter last year. Research analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Wednesday, June 18th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.32 annualized dividend and a dividend yield of 7.06%. Medical Properties Trust’s payout ratio is currently -11.55%.

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.