Connor Clark & Lunn Investment Management Ltd. Makes New $2.18 Million Investment in Medical Properties Trust, Inc. $MPW

Key Points

• Connor Clark & Lunn Investment Management Ltd. acquired 361,894 shares of Medical Properties Trust, Inc. (MPW), valued at approximately $2.18 million, increasing its ownership to about 0.06% as of its latest SEC filing.
• Medical Properties Trust recently reported a quarterly earnings loss, with an EPS of $0.14, missing analyst expectations, and a revenue of $240.36 million, reflecting a 9.8% decline year-over-year.
• The company has announced a quarterly dividend of $0.08 per share, which translates to a dividend yield of 7.7%, while its dividend payout ratio currently stands at -13.39%.

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 361,894 shares of the real estate investment trust's stock, valued at approximately $2,182,000. Connor Clark & Lunn Investment Management Ltd. owned 0.06% of Medical Properties Trust as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MPW. Versant Capital Management Inc lifted its holdings 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 valued at $37,000 after buying an additional 3,060 shares during the period. GF Fund Management CO. LTD. acquired a new position in shares of Medical Properties Trust in the 4th quarter valued at about $41,000. Farther Finance Advisors LLC lifted its holdings 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 valued at $47,000 after buying an additional 2,606 shares during the period. Armis Advisers LLC acquired a new position in shares of Medical Properties Trust in the 4th quarter valued at about $51,000. Finally, Sound Income Strategies LLC lifted its holdings in shares of Medical Properties Trust by 134.0% in the 1st quarter. Sound Income Strategies LLC now owns 8,760 shares of the real estate investment trust's stock valued at $53,000 after buying an additional 5,016 shares during the period. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Price Performance

NYSE MPW traded up $0.0250 during trading hours on Tuesday, reaching $4.1650. The company's stock had a trading volume of 2,008,118 shares, compared to its average volume of 10,490,331. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of -1.74 and a beta of 1.28. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 2.76. The company's 50-day moving average is $4.26 and its two-hundred day moving average is $4.90.

Medical Properties Trust (NYSE:MPW - Get Free Report) last released its quarterly earnings results 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). The business 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%.The business's revenue for the quarter was down 9.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.23 EPS. On average, equities analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Dividend Announcement

The company also recently disclosed 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. This represents a $0.32 annualized dividend and a yield of 7.7%. The ex-dividend date is Thursday, September 11th. Medical Properties Trust's payout ratio is -13.39%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MPW. Wall Street Zen cut Medical Properties Trust from a "hold" rating to a "sell" rating in a report on Saturday, July 5th. Royal Bank Of Canada reduced their price target on 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 research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $5.67.

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.