Medical Properties Trust, Inc. (NYSE:MPW) Holdings Increased by Public Sector Pension Investment Board

Key Points

• The Public Sector Pension Investment Board increased its investment in Medical Properties Trust by 27.3%, owning a total of 1,903,990 shares after purchasing an additional 408,133 shares.
• Medical Properties Trust's recent earnings report showed a negative net margin of 155.20% and earnings per share (EPS) of $0.14, missing expectations by $0.01.
• The company announced a quarterly dividend of $0.08 per share, translating to an annualized yield of 8.0%, despite a -13.39% payout ratio.

Public Sector Pension Investment Board boosted its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 27.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,903,990 shares of the real estate investment trust's stock after buying an additional 408,133 shares during the quarter. Public Sector Pension Investment Board owned 0.31% of Medical Properties Trust worth $11,481,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MPW. JPMorgan Chase & Co. grew its position in Medical Properties Trust by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,782,664 shares of the real estate investment trust's stock worth $7,042,000 after buying an additional 77,879 shares during the period. Geode Capital Management LLC grew its position in shares of Medical Properties Trust by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 10,742,446 shares of the real estate investment trust's stock valued at $42,446,000 after purchasing an additional 58,828 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Medical Properties Trust in the fourth quarter valued at approximately $2,114,000. Sterling Capital Management LLC grew its position in shares of Medical Properties Trust by 50.7% in the fourth quarter. Sterling Capital Management LLC now owns 35,579 shares of the real estate investment trust's stock valued at $141,000 after purchasing an additional 11,976 shares during the last quarter. Finally, Savvy Advisors Inc. grew its position in shares of Medical Properties Trust by 55.6% in the fourth quarter. Savvy Advisors Inc. now owns 17,039 shares of the real estate investment trust's stock valued at $67,000 after purchasing an additional 6,086 shares during the last quarter. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MPW. Royal Bank Of Canada lowered 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 shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research 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 issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $5.67.

Medical Properties Trust Trading Down 2.4%

NYSE MPW traded down $0.10 during mid-day trading on Friday, reaching $4.05. 11,023,032 shares of the stock were exchanged, compared to its average volume of 9,767,912. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The business's fifty day simple moving average is $4.27 and its 200 day simple moving average is $4.91. The stock has a market capitalization of $2.43 billion, a PE ratio of -1.69 and a beta of 1.28. The company has a debt-to-equity ratio of 2.00, a quick ratio of 3.23 and a current ratio of 2.76.

Medical Properties Trust (NYSE:MPW - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The company had revenue of $240.36 million for the quarter, compared to analysts' expectations of $231.90 million. Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%. The business's revenue for the quarter was down 9.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.23 EPS. On average, research analysts anticipate that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The firm also recently announced 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 7.9%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust's dividend payout ratio (DPR) is currently -13.39%.

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.