Amundi Acquires 25,917 Shares of Medical Properties Trust, Inc. $MPW

Amundi increased its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 8.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 350,074 shares of the real estate investment trust’s stock after purchasing an additional 25,917 shares during the quarter. Amundi owned 0.06% of Medical Properties Trust worth $2,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc lifted its holdings in shares of Medical Properties Trust by 98.1% during the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 3,060 shares in the last quarter. Itau Unibanco Holding S.A. bought a new position in shares of Medical Properties Trust during the first quarter valued at $41,000. Farther Finance Advisors LLC lifted its holdings in shares of Medical Properties Trust by 49.5% during the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 2,606 shares in the last quarter. Twin Tree Management LP purchased a new stake in Medical Properties Trust during the first quarter valued at $48,000. Finally, Brooklyn Investment Group increased its position in Medical Properties Trust by 216.8% during the first quarter. Brooklyn Investment Group now owns 8,135 shares of the real estate investment trust’s stock valued at $49,000 after acquiring an additional 5,567 shares during the last quarter. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Up 1.8%

NYSE MPW opened at $4.61 on Friday. The stock’s 50-day moving average price is $4.26 and its 200-day moving average price is $4.85. 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, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The company has a market capitalization of $2.77 billion, a P/E ratio of -1.93 and a beta of 1.35.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%.The company had revenue of $240.36 million during the quarter, compared to the consensus estimate of $231.90 million. During the same period last year, the business earned $0.23 EPS. The firm’s quarterly revenue was down 9.8% compared to the same quarter last year. On average, equities research analysts predict that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 11th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.32 annualized dividend and a dividend yield of 6.9%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -13.39%.

Analyst Upgrades and Downgrades

MPW has been the subject of a number of research reports. Zacks Research upgraded Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Royal Bank Of Canada reduced their price objective on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research report on Monday, June 30th. Wells Fargo & Company reduced their price objective on Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating for the company in a research report on Wednesday, August 27th. Finally, Wall Street Zen cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 5th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $5.58.

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.