Focus Partners Advisor Solutions LLC Takes Position in Medical Properties Trust, Inc. $MPW

Focus Partners Advisor Solutions LLC purchased a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,234 shares of the real estate investment trust’s stock, valued at approximately $44,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D increased its stake in Medical Properties Trust by 2.8% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 514,035 shares of the real estate investment trust’s stock worth $2,215,000 after buying an additional 14,168 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Medical Properties Trust by 1.4% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 656,268 shares of the real estate investment trust’s stock worth $2,829,000 after acquiring an additional 9,068 shares during the last quarter. Drive Wealth Management LLC purchased a new stake in shares of Medical Properties Trust during the second quarter worth about $45,000. International Assets Investment Management LLC increased its position in shares of Medical Properties Trust by 7.6% during the second quarter. International Assets Investment Management LLC now owns 131,750 shares of the real estate investment trust’s stock worth $568,000 after acquiring an additional 9,338 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Medical Properties Trust during the 2nd quarter worth approximately $3,011,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

MPW stock opened at $5.16 on Monday. 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 has a market cap of $3.10 billion, a P/E ratio of -2.16 and a beta of 1.39. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.34. The stock’s 50 day simple moving average is $4.95 and its 200 day simple moving average is $4.70.

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 analysts’ consensus estimates of $0.16 by ($0.03). The business had revenue of $237.52 million for the quarter, compared to analyst estimates of $244.89 million. Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%.The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the company posted $0.16 earnings per share. 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 11th were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.32 annualized dividend and a yield of 6.2%. Medical Properties Trust’s dividend payout ratio is -13.39%.

Analyst Ratings Changes

Several research firms have recently commented on MPW. Wells Fargo & Company reduced their target price on 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. Zacks Research raised shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Medical Properties Trust presently 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.