Nisa Investment Advisors LLC Cuts Position in Medical Properties Trust, Inc. $MPW

Nisa Investment Advisors LLC lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 27.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 95,958 shares of the real estate investment trust’s stock after selling 37,147 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Medical Properties Trust were worth $425,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MPW. Allianz Asset Management GmbH grew its holdings in Medical Properties Trust by 43.2% in the first quarter. Allianz Asset Management GmbH now owns 7,134,629 shares of the real estate investment trust’s stock worth $43,022,000 after purchasing an additional 2,152,861 shares during the period. AQR Capital Management LLC grew its holdings in Medical Properties Trust by 295.0% in the first quarter. AQR Capital Management LLC now owns 2,743,970 shares of the real estate investment trust’s stock worth $16,313,000 after purchasing an additional 2,049,268 shares during the period. Nuveen LLC purchased a new stake in Medical Properties Trust in the first quarter worth about $7,311,000. Charles Schwab Investment Management Inc. grew its holdings in Medical Properties Trust by 13.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 10,020,568 shares of the real estate investment trust’s stock worth $60,424,000 after purchasing an additional 1,182,028 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Medical Properties Trust in the second quarter worth about $3,011,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Wells Fargo & Company cut their price objective on shares of Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating on the stock in a report on Wednesday, August 27th. Zacks Research upgraded shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, Weiss Ratings restated 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 issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Medical Properties Trust currently has a consensus rating of “Reduce” and a consensus price target of $5.40.

Medical Properties Trust Stock Down 0.3%

MPW opened at $5.16 on Monday. 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 fifty-two week low of $3.51 and a fifty-two week high of $6.34. The firm’s fifty day moving average is $4.95 and its 200 day moving average is $4.70. The stock has a market cap of $3.10 billion, a price-to-earnings ratio of -2.16 and a beta of 1.39.

Medical Properties Trust (NYSE:MPW) last released 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). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The firm had revenue of $237.52 million for the quarter, compared to analysts’ expectations of $244.89 million. During the same quarter last year, the firm posted $0.16 EPS. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, sell-side analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th were paid a $0.08 dividend. 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 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.