Brighton Jones LLC Acquires Shares of 10,161 Medical Properties Trust, Inc. $MPW

Brighton Jones LLC purchased a new stake in Medical Properties Trust, Inc. (NYSE:MPW) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,161 shares of the real estate investment trust’s stock, valued at approximately $44,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Novem Group boosted its stake in 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. HB Wealth Management LLC raised its holdings 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 acquiring an additional 2,575 shares in the last quarter. Focus Partners Wealth raised its holdings in shares of Medical Properties Trust by 11.7% in the 1st quarter. Focus Partners Wealth now owns 32,690 shares of the real estate investment trust’s stock valued at $197,000 after purchasing an additional 3,415 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Medical Properties Trust by 20.8% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 21,306 shares of the real estate investment trust’s stock worth $92,000 after acquiring an additional 3,671 shares in the last quarter. Finally, Samalin Investment Counsel LLC raised its holdings in Medical Properties Trust by 3.4% during the first quarter. Samalin Investment Counsel LLC now owns 111,953 shares of the real estate investment trust’s stock worth $675,000 after purchasing an additional 3,717 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 0.3%

Shares of NYSE:MPW opened at $5.16 on Friday. The stock has a 50-day simple moving average of $4.95 and a 200-day simple moving average of $4.70. 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, Inc. has a 1 year low of $3.51 and a 1 year high of $6.34. The stock has a market capitalization of $3.10 billion, a P/E ratio of -2.16 and a beta of 1.39.

Medical Properties Trust (NYSE:MPW) last issued its earnings results on Thursday, October 30th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). The company had revenue of $237.52 million during the quarter, compared to analysts’ expectations of $244.89 million. Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%.Medical Properties Trust’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.16 EPS. Equities analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Thursday, September 11th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -13.39%.

Analyst Upgrades and Downgrades

MPW has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a research report on Wednesday, October 8th. 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. Wells Fargo & Company lowered their target price on Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating on the stock in a report on Wednesday, August 27th. Finally, Wall Street Zen cut Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, July 5th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Medical Properties Trust currently has an average rating of “Reduce” and an average target price of $5.40.

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.