Caxton Associates LLP Takes Position in Medical Properties Trust, Inc. $MPW

Key Points

• Caxton Associates LLP recently invested $1.73 million in Medical Properties Trust, Inc., purchasing 286,880 shares in the first quarter of 2023.
• Medical Properties Trust has received mixed analyst ratings, with Zacks raising it from "strong sell" to "hold," while others have maintained or lowered their ratings, reflecting ongoing concerns about its stock performance.
• The company announced a quarterly dividend of $0.08 per share, resulting in an annualized yield of 7.0%, signaling continued support for its investors despite recent financial challenges.

Caxton Associates LLP purchased a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 286,880 shares of the real estate investment trust's stock, valued at approximately $1,730,000.

Several other hedge funds have also recently modified their holdings of the stock. BW Gestao de Investimentos Ltda. purchased a new stake in Medical Properties Trust during the 1st quarter worth approximately $724,000. AQR Capital Management LLC lifted its stake in shares of Medical Properties Trust by 295.0% during the first quarter. AQR Capital Management LLC now owns 2,743,970 shares of the real estate investment trust's stock worth $16,313,000 after buying an additional 2,049,268 shares during the period. Amundi grew its holdings in shares of Medical Properties Trust by 8.0% during the first quarter. Amundi now owns 350,074 shares of the real estate investment trust's stock valued at $2,023,000 after buying an additional 25,917 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Medical Properties Trust by 8.2% during the first quarter. Royal Bank of Canada now owns 388,254 shares of the real estate investment trust's stock valued at $2,340,000 after buying an additional 29,515 shares during the last quarter. Finally, Twin Tree Management LP acquired a new position in shares of Medical Properties Trust in the 1st quarter valued at $48,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Stock Performance

MPW stock traded up $0.54 during trading on Friday, hitting $5.15. 21,786,950 shares of the company traded hands, compared to its average volume of 7,872,488. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The company has a market cap of $3.10 billion, a PE ratio of -2.15 and a beta of 1.35. The stock's 50-day simple moving average is $4.28 and its 200 day simple moving average is $4.85. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 2.76.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $240.36 million for the quarter, compared to analyst estimates of $231.90 million. During the same period in the previous year, the business earned $0.23 EPS. Medical Properties Trust's revenue for the quarter was down 9.8% compared to the same quarter last year. On average, equities analysts expect that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, September 11th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust's dividend payout ratio is presently -13.39%.

Wall Street Analyst Weigh In

A number of analysts have commented 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. Wells Fargo & Company dropped 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. Royal Bank Of Canada reduced their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a research report on Monday, June 30th. Finally, Zacks Research upgraded shares of Medical Properties Trust from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $5.40.

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.