Medical Properties Trust, Inc. $MPW Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB trimmed its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 18.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 158,652 shares of the real estate investment trust’s stock after selling 34,900 shares during the quarter. Handelsbanken Fonder AB’s holdings in Medical Properties Trust were worth $684,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in MPW. Itau Unibanco Holding S.A. purchased a new stake in Medical Properties Trust in the 1st quarter valued at approximately $41,000. Twin Tree Management LP acquired a new stake in shares of Medical Properties Trust in the 1st quarter valued at approximately $48,000. Brooklyn Investment Group boosted its stake in shares of Medical Properties Trust by 216.8% in the first quarter. Brooklyn Investment Group now owns 8,135 shares of the real estate investment trust’s stock valued at $49,000 after buying an additional 5,567 shares in the last quarter. Brighton Jones LLC acquired a new position in Medical Properties Trust during the second quarter worth $44,000. Finally, Focus Partners Advisor Solutions LLC purchased a new position in Medical Properties Trust in the second quarter worth $44,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Ratings Changes

MPW has been the topic of several research analyst reports. Wells Fargo & Company boosted 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 report on Tuesday, November 25th. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of Medical Properties Trust in a research report on Wednesday, October 8th. Finally, Zacks Research raised shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. One investment 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’s stock. Based on data from MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Reduce” and a consensus price target of $5.50.

Medical Properties Trust Price Performance

Shares of NYSE MPW opened at $5.76 on Friday. 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 company’s 50-day moving average price is $5.17 and its 200 day moving average price is $4.69. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.34. 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 quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). The business had revenue of $237.52 million during the quarter, compared to analysts’ expectations of $244.89 million. Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. 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 earned $0.16 EPS. As a group, research analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued 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 is Thursday, December 11th. This represents a $0.36 dividend on an annualized basis and a yield of 6.3%. Medical Properties Trust’s payout ratio is currently -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.