AQR Capital Management LLC Has $16.31 Million Holdings in Medical Properties Trust, Inc. $MPW

Key Points

• AQR Capital Management LLC increased its stake in Medical Properties Trust by 295.0%, owning approximately 2,743,970 shares valued at $16.31 million as of the latest reporting period.
• The company recently announced a quarterly dividend of $0.08 per share, translating to an annualized amount of $0.32 and a yield of 7.0%.
• Analysts have mixed views on Medical Properties Trust, with the stock receiving a consensus rating of "Hold" and a target price of $5.58, reflecting differing perspectives on its future performance.

AQR Capital Management LLC raised its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 295.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,743,970 shares of the real estate investment trust's stock after acquiring an additional 2,049,268 shares during the period. AQR Capital Management LLC owned approximately 0.45% of Medical Properties Trust worth $16,313,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Versant Capital Management Inc boosted its holdings in shares of 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 worth $37,000 after acquiring an additional 3,060 shares during the period. GF Fund Management CO. LTD. bought a new stake in shares of Medical Properties Trust during the fourth quarter worth approximately $41,000. Itau Unibanco Holding S.A. bought a new stake in shares of Medical Properties Trust during the first quarter worth approximately $41,000. Farther Finance Advisors LLC boosted its stake in shares of Medical Properties Trust by 49.5% in the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 2,606 shares during the period. Finally, Twin Tree Management LP bought a new stake in shares of Medical Properties Trust in the first quarter valued at approximately $48,000. Institutional investors own 71.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Wall Street Zen cut Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th. Wells Fargo & Company cut their price target on Medical Properties Trust from $5.00 to $4.50 and set an "underweight" rating for the company in a research note on Wednesday, August 27th. Zacks Research upgraded Medical Properties Trust from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Finally, Royal Bank Of Canada cut their price target on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a research note on Monday, June 30th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $5.40.

Medical Properties Trust Price Performance

NYSE MPW traded down $0.28 on Monday, hitting $4.85. 13,753,999 shares of the company's stock were exchanged, compared to its average volume of 7,872,488. The stock has a 50-day moving average of $4.29 and a 200-day moving average of $4.84. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 2.00. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of -2.03 and a beta of 1.35.

Medical Properties Trust (NYSE:MPW - Get Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $231.90 million. During the same quarter in the previous year, the company earned $0.23 earnings per share. The firm's revenue for the quarter was down 9.8% on a year-over-year basis. Analysts expect that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.32 annualized dividend and a yield of 6.6%. Medical Properties Trust's dividend payout ratio is presently -13.39%.

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.