Quantbot Technologies LP Acquires 164,234 Shares of Medical Properties Trust, Inc. $MPW

Key Points

• Quantbot Technologies LP increased its holdings in Medical Properties Trust by 53.7%, owning 470,006 shares worth approximately $2.83 million as of the latest SEC filing.
• Medical Properties Trust reported a loss of $0.01 per share in earnings for the last quarter, missing analysts' expectations while generating revenue of $240.36 million.
• The company announced a quarterly dividend of $0.08 per share, resulting in an annualized yield of 7.4%, with the payout date set for October 9th.

Quantbot Technologies LP lifted its stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 53.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 470,006 shares of the real estate investment trust's stock after acquiring an additional 164,234 shares during the period. Quantbot Technologies LP owned 0.08% of Medical Properties Trust worth $2,834,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. New Age Alpha Advisors LLC bought a new stake in Medical Properties Trust during the 1st quarter valued at approximately $617,000. Public Sector Pension Investment Board lifted its holdings in shares of Medical Properties Trust by 27.3% during the 1st quarter. Public Sector Pension Investment Board now owns 1,903,990 shares of the real estate investment trust's stock worth $11,481,000 after acquiring an additional 408,133 shares during the period. Teacher Retirement System of Texas acquired a new position in shares of Medical Properties Trust in the 1st quarter worth approximately $478,000. Charles Schwab Investment Management Inc. raised its stake in Medical Properties Trust by 13.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,020,568 shares of the real estate investment trust's stock worth $60,424,000 after acquiring an additional 1,182,028 shares in the last quarter. Finally, TriaGen Wealth Management LLC bought a new stake in Medical Properties Trust during the first quarter worth about $647,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Stock Performance

NYSE MPW traded down $0.06 on Tuesday, reaching $4.33. The stock had a trading volume of 6,867,000 shares, compared to its average volume of 8,794,177. 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 has a market cap of $2.60 billion, a P/E ratio of -1.81 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 firm has a fifty day moving average of $4.24 and a two-hundred day moving average of $4.88.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced 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). Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%.The business had revenue of $240.36 million for the quarter, compared to the consensus estimate of $231.90 million. During the same period in the prior year, the business posted $0.23 earnings per share. The firm's revenue for the quarter was down 9.8% compared to the same quarter last year. On average, equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Dividend Announcement

The business also recently declared 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 dividend payout ratio (DPR) is presently -13.39%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MPW shares. 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 on the stock in a research report on Monday, June 30th. Wall Street Zen lowered Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. Finally, Zacks Research raised Medical Properties Trust from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus 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.