GAMMA Investing LLC Increases Position in Medical Properties Trust, Inc. (NYSE:MPW)

GAMMA Investing LLC lifted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 19,499.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,758 shares of the real estate investment trust’s stock after acquiring an additional 60,448 shares during the quarter. GAMMA Investing LLC’s holdings in Medical Properties Trust were worth $366,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Versor Investments LP boosted its stake 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 during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Medical Properties Trust by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust’s stock worth $34,912,000 after purchasing an additional 118,577 shares during the last quarter. Y Intercept Hong Kong Ltd raised its holdings in shares of Medical Properties Trust by 506.8% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust’s stock worth $250,000 after purchasing an additional 52,790 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $2,114,000. Finally, Advisors Asset Management Inc. lifted its stake in Medical Properties Trust by 9.2% in the fourth quarter. Advisors Asset Management Inc. now owns 1,493,176 shares of the real estate investment trust’s stock valued at $5,898,000 after purchasing an additional 125,919 shares during the last quarter. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Trading Up 0.3%

NYSE:MPW opened at $4.44 on Friday. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The stock’s fifty day moving average price is $4.91 and its two-hundred day moving average price is $4.85. The company has a debt-to-equity ratio of 1.99, a current ratio of 3.23 and a quick ratio of 3.23. The company has a market cap of $2.66 billion, a P/E ratio of -1.60 and a beta of 1.32.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Medical Properties Trust had a negative return on equity of 31.14% and a negative net margin of 174.35%. The company had revenue of $223.80 million for the quarter, compared to analysts’ expectations of $233.80 million. During the same period last year, the company posted $0.24 EPS. The business’s revenue for the quarter was down 17.5% on a year-over-year basis. As a group, analysts expect that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th will be given a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.22%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -11.55%.

Analyst Ratings Changes

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

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.