 Asset Management One Co. Ltd. lessened its stake in  Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 855,814 shares of the real estate investment trust’s stock after selling 21,719 shares during the quarter. Asset Management One Co. Ltd. owned 0.14% of Medical Properties Trust worth $3,689,000 at the end of the most recent reporting period.
Asset Management One Co. Ltd. lessened its stake in  Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 855,814 shares of the real estate investment trust’s stock after selling 21,719 shares during the quarter. Asset Management One Co. Ltd. owned 0.14% of Medical Properties Trust worth $3,689,000 at the end of the most recent reporting period. 
Several other large investors have also recently added to or reduced their stakes in the stock. Novem Group increased its stake in shares of Medical Properties Trust by 8.1% during the 1st quarter. Novem Group now owns 27,606 shares of the real estate investment trust’s stock worth $166,000 after purchasing an additional 2,058 shares during the last quarter. HB Wealth Management LLC increased its stake in shares of Medical Properties Trust by 7.1% during the 1st quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust’s stock worth $233,000 after purchasing an additional 2,575 shares during the last quarter. Focus Partners Wealth increased its stake in shares of Medical Properties Trust by 11.7% during the 1st quarter. Focus Partners Wealth now owns 32,690 shares of the real estate investment trust’s stock worth $197,000 after purchasing an additional 3,415 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of Medical Properties Trust by 20.8% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 21,306 shares of the real estate investment trust’s stock worth $92,000 after purchasing an additional 3,671 shares during the last quarter. Finally, Samalin Investment Counsel LLC increased its stake in shares of Medical Properties Trust by 3.4% during the 1st quarter. Samalin Investment Counsel LLC now owns 111,953 shares of the real estate investment trust’s stock worth $675,000 after purchasing an additional 3,717 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.
Analysts Set New Price Targets
MPW has been the topic of several analyst reports. Wells Fargo & Company dropped their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating on the stock in a research note on Wednesday, August 27th. Zacks Research raised shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, July 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Medical Properties Trust in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $5.40.
Medical Properties Trust Trading Down 3.2%
Shares of MPW stock opened at $4.97 on Wednesday. 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 $2.98 billion, a P/E ratio of -2.08 and a beta of 1.39. The firm has a 50-day moving average price of $4.90 and a 200 day moving average price of $4.71. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 2.00.
Medical Properties Trust (NYSE:MPW – Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The firm had revenue of $240.36 million for the quarter, compared to the consensus estimate of $231.90 million. During the same period in the prior year, the business earned $0.23 earnings per share. The company’s revenue for the quarter was down 9.8% on a year-over-year basis. Research analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.
Medical Properties Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th were paid 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 dividend yield of 6.4%. Medical Properties Trust’s payout ratio is currently -13.39%.
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.
Further Reading
- Five stocks we like better than Medical Properties Trust
- Overbought Stocks Explained: Should You Trade Them?
- The Drone Arms Race: From Battlefield to Balance Sheet
- What is the Euro STOXX 50 Index?
- Why Wall Street Is Backing These 3 Comeback Stocks
- How to Find Undervalued Stocks
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Receive News & Ratings for Medical Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.

 
						 
						 
						 
						 
						