Medical Properties Trust, Inc. $MPW Shares Acquired by AQR Capital Management LLC

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 boosted its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 295.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,743,970 shares of the real estate investment trust's stock after acquiring an additional 2,049,268 shares during the quarter. AQR Capital Management LLC owned about 0.45% of Medical Properties Trust worth $16,313,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of MPW. Baird Financial Group Inc. grew its holdings in Medical Properties Trust by 5.5% in the fourth quarter. Baird Financial Group Inc. now owns 72,550 shares of the real estate investment trust's stock valued at $287,000 after purchasing an additional 3,769 shares during the last quarter. Captrust Financial Advisors grew its holdings in Medical Properties Trust by 28.3% in the fourth quarter. Captrust Financial Advisors now owns 114,447 shares of the real estate investment trust's stock valued at $452,000 after purchasing an additional 25,218 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Medical Properties Trust by 24.1% during the fourth quarter. Focus Partners Wealth now owns 29,275 shares of the real estate investment trust's stock valued at $116,000 after acquiring an additional 5,692 shares during the last quarter. Hudson Bay Capital Management LP acquired a new stake in shares of Medical Properties Trust during the fourth quarter valued at $4,562,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of Medical Properties Trust during the fourth quarter valued at $68,000. Hedge funds and other institutional investors own 71.79% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on MPW shares. Wells Fargo & Company reduced their target price on Medical Properties Trust from $5.00 to $4.50 and set an "underweight" rating on the stock in a research report on Wednesday, August 27th. Zacks Research upgraded Medical Properties Trust from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. 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 research report on Monday, June 30th. Finally, Wall Street Zen downgraded 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 Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $5.58.

Medical Properties Trust Stock Performance

Shares of MPW traded up $0.54 during mid-day trading on Friday, hitting $5.15. The stock had a trading volume of 21,786,950 shares, compared to its average volume of 7,333,322. The company has a market cap of $3.10 billion, a PE ratio of -2.15 and a beta of 1.35. The company's fifty day simple moving average is $4.28 and its two-hundred day simple moving average is $4.85. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 2.00. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.55.

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

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 11th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.32 dividend on an annualized basis and a yield of 6.2%. Medical Properties Trust's payout ratio is currently -13.39%.

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.