Medical Properties Trust, Inc. $MPW Stock Position Raised by Wilsey Asset Management Inc.

Key Points

• Wilsey Asset Management Inc. increased its stake in Medical Properties Trust by 6.1% during the second quarter, owning approximately 4.9 million shares, which represents 3.9% of their investment portfolio.
• Medical Properties Trust's recent earnings report showed a negative net margin of 155.20% and a missed EPS estimate of $0.14, compared to the consensus estimate of $0.15.
• The company declared a $0.08 quarterly dividend, with an annualized yield of 6.5%, scheduled to be paid on October 9th to shareholders recorded on September 11th.

Wilsey Asset Management Inc. grew its position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 6.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,927,568 shares of the real estate investment trust's stock after acquiring an additional 281,591 shares during the quarter. Medical Properties Trust comprises about 3.9% of Wilsey Asset Management Inc.'s investment portfolio, making the stock its 16th largest holding. Wilsey Asset Management Inc. owned about 0.82% of Medical Properties Trust worth $21,238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norden Group LLC acquired a new position in shares of Medical Properties Trust in the second quarter worth about $105,000. Busey Bank bought a new stake in shares of Medical Properties Trust in the second quarter valued at approximately $49,000. Parallel Advisors LLC boosted its position in shares of Medical Properties Trust by 10.0% in the second quarter. Parallel Advisors LLC now owns 45,477 shares of the real estate investment trust's stock valued at $196,000 after acquiring an additional 4,118 shares during the period. Sage Capital Advisors llc lifted its position in Medical Properties Trust by 57.7% in the second quarter. Sage Capital Advisors llc now owns 30,467 shares of the real estate investment trust's stock worth $131,000 after purchasing an additional 11,143 shares during the period. Finally, Voya Investment Management LLC lifted its position in Medical Properties Trust by 11.8% in the first quarter. Voya Investment Management LLC now owns 591,130 shares of the real estate investment trust's stock worth $3,565,000 after purchasing an additional 62,265 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

Shares of MPW stock opened at $4.96 on Wednesday. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 2.00. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.34. The company has a market cap of $2.98 billion, a P/E ratio of -2.07 and a beta of 1.35. The business has a fifty day simple moving average of $4.39 and a 200 day simple moving average of $4.81.

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

Medical Properties Trust Announces Dividend

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 $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust's dividend payout ratio (DPR) is -13.39%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MPW. Royal Bank Of Canada dropped their price objective on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a research note on Monday, June 30th. Wells Fargo & Company decreased their price target on Medical Properties Trust from $5.00 to $4.50 and set an "underweight" rating on the stock in a report on Wednesday, August 27th. Zacks Research upgraded Medical Properties Trust from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Finally, Wall Street Zen cut Medical Properties Trust from a "hold" rating to a "sell" rating in a report on Saturday, July 5th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $5.40.

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.

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