Bayforest Capital Ltd Takes Position in Medical Properties Trust, Inc. (NYSE:MPW)

Key Points

• Bayforest Capital Ltd has purchased 69,175 shares of Medical Properties Trust, Inc., valued at approximately $417,000, marking its entry into this investment in the first quarter.
• Despite some institutional interest, Wall Street analysts have expressed caution, with a consensus rating of "Hold" for MPW and a consensus target price decreasing to $4.50.
• Medical Properties Trust recently announced a quarterly dividend of $0.08 per share, resulting in an annualized yield of 7.73% for shareholders.

Bayforest Capital Ltd acquired a new position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 69,175 shares of the real estate investment trust's stock, valued at approximately $417,000.

A number of other institutional investors and hedge funds have also made changes to their positions in MPW. Versant Capital Management Inc grew its stake in shares of Medical Properties Trust by 98.1% in the 1st quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock worth $37,000 after buying an additional 3,060 shares in the last quarter. Norges Bank purchased a new position in shares of Medical Properties Trust in the 4th quarter worth $41,000. GF Fund Management CO. LTD. purchased a new position in shares of Medical Properties Trust in the 4th quarter worth $41,000. Farther Finance Advisors LLC grew its stake 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 buying an additional 2,606 shares in the last quarter. Finally, DRW Securities LLC purchased a new position in shares of Medical Properties Trust in the 4th quarter worth $49,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Trading Down 0.6%

MPW traded down $0.03 on Monday, reaching $4.04. 3,561,559 shares of the company traded hands, compared to its average volume of 10,649,824. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55. The firm has a fifty day simple moving average of $4.36 and a two-hundred day simple moving average of $4.93. The company has a market cap of $2.42 billion, a P/E ratio of -1.69 and a beta of 1.28. The company has a quick ratio of 3.23, a current ratio of 2.76 and a debt-to-equity ratio of 2.00.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $231.90 million. During the same quarter in the previous year, the business earned $0.23 EPS. The company's quarterly revenue was down 9.8% compared to the same quarter last year. As a group, equities research 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 declared a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th were issued a $0.08 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $0.32 annualized dividend and a dividend yield of 7.9%. Medical Properties Trust's payout ratio is currently -13.39%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a report on Saturday, July 5th. Royal Bank Of Canada lowered their target price 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 analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $5.67.

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.