GAMMA Investing LLC Buys 60,448 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

GAMMA Investing LLC grew its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 19,499.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,758 shares of the real estate investment trust's stock after acquiring an additional 60,448 shares during the period. GAMMA Investing LLC's holdings in Medical Properties Trust were worth $366,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Allworth Financial LP increased its stake in shares of Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 4,241 shares in the last quarter. Versant Capital Management Inc grew its stake in 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 in the last quarter. Verus Capital Partners LLC purchased a new position in Medical Properties Trust in the 4th quarter valued at approximately $40,000. RS Crum Inc. bought a new stake in Medical Properties Trust during the 4th quarter valued at $40,000. Finally, GF Fund Management CO. LTD. purchased a new stake in shares of Medical Properties Trust during the fourth quarter worth $41,000. Hedge funds and other institutional investors own 71.79% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on MPW. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Royal Bank Of Canada increased their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a report on Monday, March 10th. Wells Fargo & Company boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. Finally, Wall Street Zen upgraded shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Medical Properties Trust has a consensus rating of "Hold" and a consensus price target of $5.75.

Medical Properties Trust Price Performance

MPW traded up $0.06 on Tuesday, reaching $4.50. The company had a trading volume of 9,179,598 shares, compared to its average volume of 11,744,735. The company has a debt-to-equity ratio of 1.99, a quick ratio of 3.23 and a current ratio of 3.23. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week high of $6.55. The company has a market cap of $2.70 billion, a price-to-earnings ratio of -1.62 and a beta of 1.32. The business has a 50 day simple moving average of $4.89 and a 200 day simple moving average of $4.87.

Medical Properties Trust (NYSE:MPW - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The company had revenue of $223.80 million for the quarter, compared to the consensus estimate of $233.80 million. Medical Properties Trust had a negative return on equity of 31.14% and a negative net margin of 174.35%. The business's revenue was down 17.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.24 earnings per share. As a group, sell-side analysts anticipate that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date of this dividend is Wednesday, June 18th. Medical Properties Trust's payout ratio is currently -11.55%.

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.