Connor Clark & Lunn Investment Management Ltd. Has $1.43 Million Stock Holdings in Medical Properties Trust, Inc. $MPW

Connor Clark & Lunn Investment Management Ltd. reduced its position in Medical Properties Trust, Inc. (NYSE:MPW) by 8.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 331,585 shares of the real estate investment trust’s stock after selling 30,309 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.06% of Medical Properties Trust worth $1,429,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bayforest Capital Ltd acquired a new stake in shares of Medical Properties Trust during the first quarter worth $417,000. New Age Alpha Advisors LLC bought a new position in Medical Properties Trust during the first quarter worth about $617,000. Public Sector Pension Investment Board grew its position in shares of Medical Properties Trust by 27.3% during the 1st quarter. Public Sector Pension Investment Board now owns 1,903,990 shares of the real estate investment trust’s stock worth $11,481,000 after buying an additional 408,133 shares during the period. AQR Capital Management LLC increased its stake in shares of Medical Properties Trust by 295.0% in the 1st quarter. AQR Capital Management LLC now owns 2,743,970 shares of the real estate investment trust’s stock valued at $16,313,000 after acquiring an additional 2,049,268 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Medical Properties Trust by 126.6% in the 1st quarter. Russell Investments Group Ltd. now owns 107,484 shares of the real estate investment trust’s stock valued at $648,000 after acquiring an additional 60,061 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Medical Properties Trust in a report on Wednesday, October 8th. Wall Street Zen raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Research raised Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Finally, Wells Fargo & Company reduced 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. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Reduce” and a consensus target price of $5.40.

Medical Properties Trust Stock Down 0.5%

Shares of MPW stock opened at $4.96 on Monday. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.34. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 2.00. The firm has a fifty day moving average of $5.06 and a 200-day moving average of $4.67. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of -2.07 and a beta of 1.42.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). 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 $237.52 million for the quarter, compared to the consensus estimate of $244.89 million. During the same quarter last year, the company posted $0.16 EPS. Medical Properties Trust’s revenue for the quarter was up 5.2% on a year-over-year basis. As a group, equities research analysts predict that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

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.