Friedenthal Financial Makes New $686,000 Investment in Medical Properties Trust, Inc. (NYSE:MPW)

Friedenthal Financial acquired a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 159,272 shares of the real estate investment trust’s stock, valued at approximately $686,000.

Several other institutional investors and hedge funds have also modified their holdings of MPW. Lindbrook Capital LLC increased its holdings in Medical Properties Trust by 112.1% during the 1st quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 3,819 shares in the last quarter. Versant Capital Management Inc raised its position in Medical Properties Trust by 435.0% in the 2nd quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 6,482 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in Medical Properties Trust in the 1st quarter valued at approximately $38,000. Cetera Trust Company N.A acquired a new position in Medical Properties Trust during the 4th quarter worth approximately $43,000. Finally, Fidelis Capital Partners LLC bought a new position in shares of Medical Properties Trust during the 1st quarter worth approximately $43,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MPW has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $2.00 to $5.00 in a research report on Wednesday, April 17th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $5.00 target price on shares of Medical Properties Trust in a research report on Tuesday, May 14th. BNP Paribas lowered Medical Properties Trust from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $6.00 to $4.00 in a report on Tuesday, July 2nd. StockNews.com cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 18th. Finally, Truist Financial upped their price target on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a research report on Thursday, May 30th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and an average target price of $5.38.

Medical Properties Trust Stock Performance

Shares of MPW stock traded up $0.21 during midday trading on Tuesday, hitting $4.70. 10,596,498 shares of the company were exchanged, compared to its average volume of 18,968,938. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $7.93. The firm has a market capitalization of $2.82 billion, a P/E ratio of -2.12, a PEG ratio of 0.65 and a beta of 1.27. The firm’s 50 day moving average price is $4.73 and its two-hundred day moving average price is $4.49. The company has a debt-to-equity ratio of 1.51, a quick ratio of 3.10 and a current ratio of 3.10.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.75). The firm had revenue of $266.60 million during the quarter, compared to the consensus estimate of $259.53 million. During the same period in the previous year, the company posted $0.48 EPS. The firm’s revenue for the quarter was down 21.0% on a year-over-year basis. As a group, equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.88 earnings per share for the current year.

Medical Properties Trust Dividend Announcement

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 dividend on an annualized basis and a yield of 12.77%. The ex-dividend date was Monday, June 10th. Medical Properties Trust’s dividend payout ratio is currently -27.03%.

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.