Public Employees Retirement System of Ohio Sells 15,830 Shares of Medical Properties Trust, Inc. $MPW

Public Employees Retirement System of Ohio trimmed its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,010,812 shares of the real estate investment trust’s stock after selling 15,830 shares during the period. Public Employees Retirement System of Ohio owned 0.17% of Medical Properties Trust worth $4,357,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Novem Group raised its stake in shares of Medical Properties Trust by 8.1% during the first quarter. Novem Group now owns 27,606 shares of the real estate investment trust’s stock worth $166,000 after buying an additional 2,058 shares during the last quarter. Beacon Financial Advisory LLC raised its stake in shares of Medical Properties Trust by 13.4% during the first quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust’s stock worth $122,000 after buying an additional 2,386 shares during the last quarter. HB Wealth Management LLC increased its stake in Medical Properties Trust by 7.1% in the first quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust’s stock valued at $233,000 after purchasing an additional 2,575 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Medical Properties Trust by 49.5% in 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. Finally, Versant Capital Management Inc increased its stake in 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 purchasing an additional 3,060 shares in the last quarter. 71.79% of the stock is owned by institutional investors.

Medical Properties Trust Stock Performance

NYSE MPW opened at $4.95 on Tuesday. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 2.00. The firm’s fifty day moving average price is $4.46 and its two-hundred day moving average price is $4.78. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.34. The firm has a market capitalization of $2.98 billion, a P/E ratio of -2.07 and a beta of 1.35.

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

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust’s dividend payout ratio is -13.39%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Wells Fargo & Company lowered their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating for the company in a research note on Wednesday, August 27th. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 5th. Zacks Research raised shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Finally, Royal Bank Of Canada lowered their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research note on Monday, June 30th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $5.40.

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.