Medical Properties Trust, Inc. $MPW Shares Acquired by Quantbot Technologies LP

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 increased its position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 53.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 470,006 shares of the real estate investment trust's stock after purchasing 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.

A number of other hedge funds have also bought and sold shares of the company. Northern Trust Corp grew its stake in Medical Properties Trust by 1.5% in the first quarter. Northern Trust Corp now owns 6,404,674 shares of the real estate investment trust's stock worth $38,620,000 after purchasing an additional 95,525 shares in the last quarter. Brooklyn Investment Group grew its stake in Medical Properties Trust by 216.8% in the first quarter. Brooklyn Investment Group now owns 8,135 shares of the real estate investment trust's stock worth $49,000 after purchasing an additional 5,567 shares in the last quarter. TriaGen Wealth Management LLC acquired a new position in Medical Properties Trust in the first quarter worth about $647,000. Summit Securities Group LLC grew its stake in Medical Properties Trust by 145.2% in the first quarter. Summit Securities Group LLC now owns 19,000 shares of the real estate investment trust's stock worth $115,000 after purchasing an additional 61,000 shares in the last quarter. Finally, Algert Global LLC acquired a new position in Medical Properties Trust in the first quarter worth about $386,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Stock Performance

Shares of MPW traded up $0.0550 during midday trading on Monday, hitting $4.3650. 3,929,856 shares of the stock traded hands, compared to its average volume of 10,464,978. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The firm has a market capitalization of $2.62 billion, a PE ratio of -1.83 and a beta of 1.28. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.76 and a current ratio of 2.76. The business's 50 day moving average price is $4.25 and its two-hundred day moving average price is $4.89.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $240.36 million for 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 revenue was down 9.8% compared to the same quarter last year. During the same period last year, the firm posted $0.23 EPS. Equities research analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, September 11th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.32 annualized dividend and a dividend yield of 7.3%. Medical Properties Trust's payout ratio is currently -13.39%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on MPW shares. Wall Street Zen downgraded Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th. Zacks Research raised shares of Medical Properties Trust from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Finally, Royal Bank Of Canada cut 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 report on Monday, June 30th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $5.67.

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.