Allianz Asset Management GmbH Grows Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Allianz Asset Management GmbH increased its position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 43.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,134,629 shares of the real estate investment trust's stock after acquiring an additional 2,152,861 shares during the quarter. Allianz Asset Management GmbH owned about 1.18% of Medical Properties Trust worth $43,022,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MPW. Geode Capital Management LLC raised its position in shares of Medical Properties Trust by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 10,742,446 shares of the real estate investment trust's stock valued at $42,446,000 after purchasing an additional 58,828 shares during the period. Northern Trust Corp increased its stake in Medical Properties Trust by 60.8% in the 4th quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust's stock worth $24,921,000 after buying an additional 2,385,081 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Medical Properties Trust by 4.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,676,474 shares of the real estate investment trust's stock valued at $14,522,000 after acquiring an additional 150,760 shares during the period. Principal Financial Group Inc. lifted its position in shares of Medical Properties Trust by 2.3% in the first quarter. Principal Financial Group Inc. now owns 2,979,094 shares of the real estate investment trust's stock valued at $17,964,000 after acquiring an additional 66,820 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Medical Properties Trust by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,782,664 shares of the real estate investment trust's stock valued at $7,042,000 after acquiring an additional 77,879 shares in the last quarter. Institutional investors own 71.79% of the company's stock.

Medical Properties Trust Price Performance

Shares of MPW stock traded up $0.02 during trading hours on Friday, hitting $4.32. The stock had a trading volume of 6,396,276 shares, compared to its average volume of 9,552,420. The company has a debt-to-equity ratio of 1.99, a current ratio of 3.23 and a quick ratio of 3.23. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of -1.56 and a beta of 1.29. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55. The stock's 50-day moving average price is $4.42 and its two-hundred day moving average price is $4.92.

Medical Properties Trust (NYSE:MPW - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $223.80 million for the quarter, compared to analysts' expectations of $233.80 million. Medical Properties Trust had a negative net margin of 174.35% and a negative return on equity of 31.14%. The business's quarterly revenue was down 17.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. Equities analysts forecast that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Wednesday, June 18th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 7.41%. The ex-dividend date of this dividend was Wednesday, June 18th. Medical Properties Trust's dividend payout ratio is presently -11.55%.

Analyst Ratings Changes

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

Medical Properties Trust 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.