New Age Alpha Advisors LLC Invests $617,000 in Medical Properties Trust, Inc. (NYSE:MPW)

Key Points

• New Age Alpha Advisors LLC has acquired 102,319 shares of Medical Properties Trust, Inc. valued at approximately $617,000 during the first quarter.
• Medical Properties Trust reported earnings of $0.14 per share for the last quarter, missing analyst expectations, with revenue declining by 9.8% year-over-year.
• The company declared a quarterly dividend of $0.08, translating to an annualized dividend yield of 7.8%.

New Age Alpha Advisors LLC acquired a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 102,319 shares of the real estate investment trust's stock, valued at approximately $617,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MPW. Versant Capital Management Inc raised its stake in Medical Properties Trust by 98.1% during the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 3,060 shares in the last quarter. Norges Bank acquired a new position in Medical Properties Trust during the 4th quarter valued at approximately $41,000. GF Fund Management CO. LTD. acquired a new position in Medical Properties Trust during the 4th quarter valued at approximately $41,000. Farther Finance Advisors LLC boosted its position in Medical Properties Trust by 49.5% during the 1st quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock valued at $47,000 after purchasing an additional 2,606 shares during the period. Finally, DRW Securities LLC acquired a new position in Medical Properties Trust during the 4th quarter valued at approximately $49,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Stock Performance

MPW stock traded down $0.04 on Tuesday, reaching $3.99. The company's stock had a trading volume of 11,090,556 shares, compared to its average volume of 10,591,832. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The company has a market capitalization of $2.40 billion, a P/E ratio of -1.67 and a beta of 1.28. The firm has a fifty day moving average of $4.31 and a two-hundred day moving average of $4.92. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 3.23.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%. The business had revenue of $240.36 million during the quarter, compared to the consensus estimate of $231.90 million. During the same period last year, the company earned $0.23 earnings per share. The business's quarterly revenue was down 9.8% compared to the same quarter last year. As a group, analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend was Wednesday, June 18th. Medical Properties Trust's payout ratio is currently -13.39%.

Analyst Ratings Changes

A number of research firms recently issued reports on MPW. Royal Bank Of Canada reduced their price objective on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a research report on Monday, June 30th. Wall Street Zen lowered Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Medical Properties Trust has an average rating of "Hold" and an average price target of $5.67.

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.