Deutsche Bank AG Decreases Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Key Points

• Deutsche Bank AG reduced its holdings in Medical Properties Trust (MPW) by 19.3%, after selling over 1.4 million shares, leaving it with approximately 6.1 million shares valued at about $36.9 million.
• Analysts have expressed concerns, with Wall Street Zen downgrading MPW from "hold" to "sell," reflecting a cautious outlook on the stock.
• Medical Properties Trust reported a quarterly revenue of $240.36 million but missed earnings expectations, posting a negative net margin of 155.20% and a year-over-year revenue decline of 9.8%.

Deutsche Bank AG lessened its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 19.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,119,090 shares of the real estate investment trust's stock after selling 1,462,073 shares during the quarter. Deutsche Bank AG owned about 1.01% of Medical Properties Trust worth $36,898,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Novem Group boosted its stake in Medical Properties Trust by 8.1% during the first quarter. Novem Group now owns 27,606 shares of the real estate investment trust's stock valued at $166,000 after buying an additional 2,058 shares in the last quarter. Beacon Financial Advisory LLC raised its stake in shares of Medical Properties Trust by 13.4% during the 1st quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust's stock worth $122,000 after purchasing an additional 2,386 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of Medical Properties Trust by 7.1% during the 1st quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust's stock worth $233,000 after purchasing an additional 2,575 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Medical Properties Trust by 49.5% during 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 acquiring an additional 2,606 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its holdings in shares of Medical Properties Trust by 5.6% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 49,953 shares of the real estate investment trust's stock valued at $186,000 after acquiring an additional 2,661 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Stock Performance

Shares of NYSE:MPW traded down $0.10 during trading on Friday, hitting $4.05. 11,023,032 shares of the company were exchanged, compared to its average volume of 9,767,912. The company has a market cap of $2.43 billion, a PE ratio of -1.69 and a beta of 1.28. The stock has a 50 day moving average of $4.27 and a 200 day moving average of $4.91. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week 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 3.23.

Medical Properties Trust (NYSE:MPW - Get Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates 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%. The firm's revenue was down 9.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 EPS. As a group, equities research analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust's payout ratio is -13.39%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on MPW shares. Royal Bank Of Canada dropped their target price on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company 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 report on Saturday, July 5th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target 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.