Strs Ohio Takes Position in Medical Properties Trust, Inc. $MPW

Strs Ohio bought a new stake in Medical Properties Trust, Inc. (NYSE:MPW) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 159,740 shares of the real estate investment trust’s stock, valued at approximately $963,000.

Other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc raised its stake in shares of Medical Properties Trust by 98.1% in 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 acquiring an additional 3,060 shares during the last quarter. GF Fund Management CO. LTD. bought a new position in shares of Medical Properties Trust in the fourth quarter valued at approximately $41,000. Itau Unibanco Holding S.A. bought a new position in shares of Medical Properties Trust in the first quarter valued at approximately $41,000. Farther Finance Advisors LLC raised its position in Medical Properties Trust by 49.5% in the 1st quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 2,606 shares during the last quarter. Finally, Twin Tree Management LP bought a new position in Medical Properties Trust in the 1st quarter worth approximately $48,000. Institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on MPW shares. Royal Bank Of Canada dropped their price objective on shares of 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 dropped their price objective on shares of 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. Wall Street Zen cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 5th. Finally, Zacks Research upgraded shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $5.40.

Medical Properties Trust Stock Performance

Shares of Medical Properties Trust stock opened at $5.04 on Friday. The firm has a fifty day moving average of $4.34 and a two-hundred day moving average of $4.84. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of -2.11 and a beta of 1.35. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.34. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.76 and a current ratio of 2.76.

Medical Properties Trust (NYSE:MPW) last issued its earnings results 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 net margin of 155.20% and a negative return on equity of 28.80%. The business had revenue of $240.36 million for the quarter, compared to the consensus estimate of $231.90 million. During the same quarter in the previous year, the firm posted $0.23 EPS. The business’s revenue was down 9.8% on a year-over-year basis. As a group, equities research analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 11th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.32 dividend on an annualized basis and a yield of 6.3%. Medical Properties Trust’s dividend payout ratio is presently -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.