Charles Schwab Investment Management Inc. Raises Position in Medical Properties Trust, Inc. $MPW

Key Points

• Charles Schwab Investment Management Inc. increased its holdings in Medical Properties Trust by 13.4%, now owning approximately 10 million shares valued at $60.4 million.
• Medical Properties Trust's stock has seen a 2.4% decline recently, currently trading around $4.05, with an average rating of "Hold" from analysts.
• The company announced a quarterly dividend of $0.08 per share, yielding 7.9%, to be paid on October 9th, 2023.

Charles Schwab Investment Management Inc. lifted its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 13.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,020,568 shares of the real estate investment trust's stock after acquiring an additional 1,182,028 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.65% of Medical Properties Trust worth $60,424,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Versant Capital Management Inc grew its stake in Medical Properties Trust by 98.1% in the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 3,060 shares during the period. GF Fund Management CO. LTD. acquired a new position in Medical Properties Trust in the fourth quarter valued at about $41,000. Farther Finance Advisors LLC lifted its holdings 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 purchasing an additional 2,606 shares in the last quarter. Armis Advisers LLC acquired a new position in shares of Medical Properties Trust during the fourth quarter worth about $51,000. Finally, Sound Income Strategies LLC boosted its position in shares of Medical Properties Trust by 134.0% during the first quarter. Sound Income Strategies LLC now owns 8,760 shares of the real estate investment trust's stock worth $53,000 after buying an additional 5,016 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Trading Up 2.2%

Medical Properties Trust stock traded up $0.0950 during trading hours on Wednesday, reaching $4.3350. 11,606,498 shares of the company's stock were exchanged, compared to its average volume of 8,664,196. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 2.00. The firm's 50 day simple moving average is $4.25 and its 200 day simple moving average is $4.89. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.55. The firm has a market capitalization of $2.61 billion, a PE ratio of -1.81 and a beta of 1.28.

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 net margin of 155.20% and a negative return on equity of 28.80%. The business's quarterly revenue was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.23 earnings per share. Research analysts predict 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. Stockholders of record on Thursday, September 11th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Thursday, September 11th. Medical Properties Trust's payout ratio is presently -13.39%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. 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 decreased their target price on shares of 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. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Medical Properties Trust has a consensus rating of "Hold" and a consensus target price 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.