Jupiter Asset Management Ltd. Invests $1.35 Million in Medical Properties Trust, Inc. (NYSE:MPW)

Key Points

• Jupiter Asset Management Ltd. made a new investment in Medical Properties Trust, acquiring 223,487 shares valued at approximately $1.35 million during the first quarter.
• Medical Properties Trust's stock recently traded up 3.6% to $4.19, with a market cap of $2.51 billion, while showing a substantial decline in its earnings per share compared to the previous year.
• The company announced a quarterly dividend of $0.08, reflecting a 7.6% dividend yield, although its dividend payout ratio is currently negative.

Jupiter Asset Management Ltd. acquired a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 223,487 shares of the real estate investment trust's stock, valued at approximately $1,348,000.

Other large investors have also modified their holdings of the company. Versant Capital Management Inc grew its position in Medical Properties Trust by 98.1% in 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 acquiring an additional 3,060 shares during the period. Norges Bank acquired a new stake in shares of Medical Properties Trust in the 4th quarter valued at $41,000. GF Fund Management CO. LTD. bought a new stake in shares of Medical Properties Trust in the 4th quarter worth about $41,000. Farther Finance Advisors LLC grew its holdings in shares of Medical Properties Trust by 49.5% in the 1st quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 2,606 shares during the last quarter. Finally, DRW Securities LLC acquired a new stake in shares of Medical Properties Trust during the 4th quarter worth about $49,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Medical Properties Trust Price Performance

MPW traded down $0.09 during midday trading on Friday, hitting $4.08. The company had a trading volume of 4,403,980 shares, compared to its average volume of 10,590,229. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.55. The company has a market capitalization of $2.45 billion, a PE ratio of -1.71 and a beta of 1.28. The company has a debt-to-equity ratio of 2.00, a quick ratio of 3.23 and a current ratio of 2.76. The firm's 50-day simple moving average is $4.32 and its 200-day simple moving average is $4.92.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The company had revenue of $240.36 million during the quarter, compared to analyst estimates of $231.90 million. During the same period in the prior year, the business earned $0.23 EPS. The business's revenue for the quarter was down 9.8% on a year-over-year basis. Equities research 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 declared a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend was Wednesday, June 18th. Medical Properties Trust's dividend payout ratio is -13.39%.

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.