Ensign Peak Advisors Inc Boosts Holdings in Medical Properties Trust, Inc. $MPW

Ensign Peak Advisors Inc boosted its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 7.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 251,181 shares of the real estate investment trust’s stock after purchasing an additional 17,200 shares during the period. Ensign Peak Advisors Inc’s holdings in Medical Properties Trust were worth $1,083,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MPW. Itau Unibanco Holding S.A. acquired a new stake in Medical Properties Trust during the first quarter worth about $41,000. Brighton Jones LLC acquired a new position in Medical Properties Trust in the second quarter valued at approximately $44,000. Focus Partners Advisor Solutions LLC purchased a new stake in Medical Properties Trust in the 2nd quarter worth approximately $44,000. Drive Wealth Management LLC purchased a new stake in Medical Properties Trust in the 2nd quarter worth approximately $45,000. Finally, Apollon Wealth Management LLC acquired a new stake in shares of Medical Properties Trust during the 2nd quarter worth approximately $47,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on MPW shares. Zacks Research upgraded shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Friday. Wells Fargo & Company increased their target price on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock an “underweight” rating in a research note on Tuesday, November 25th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, four have given 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 price target of $5.50.

Medical Properties Trust Trading Down 0.3%

MPW stock opened at $5.76 on Friday. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.34. The business’s 50-day moving average is $5.17 and its 200 day moving average is $4.69. 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 stock has a market cap of $3.46 billion, a price-to-earnings ratio of -2.41 and a beta of 1.42.

Medical Properties Trust (NYSE:MPW) last announced its earnings results on Thursday, October 30th. The real estate investment trust reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). The firm had revenue of $237.52 million for the quarter, compared to analyst estimates of $244.89 million. Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. Medical Properties Trust’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.16 EPS. On average, sell-side analysts anticipate that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be paid a dividend of $0.09 per share. This is a boost from Medical Properties Trust’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $0.36 annualized dividend and a yield of 6.3%. Medical Properties Trust’s dividend payout ratio is presently -30.51%.

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.