Teacher Retirement System of Texas Takes $478,000 Position in Medical Properties Trust, Inc. (NYSE:MPW)

Teacher Retirement System of Texas acquired a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 79,277 shares of the real estate investment trust's stock, valued at approximately $478,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of MPW. Proficio Capital Partners LLC acquired a new position in shares of Medical Properties Trust during the fourth quarter worth about $91,000. Raymond James Financial Inc. acquired a new position in shares of Medical Properties Trust during the fourth quarter worth about $2,114,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Medical Properties Trust by 46.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 367,409 shares of the real estate investment trust's stock worth $1,451,000 after purchasing an additional 116,355 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Medical Properties Trust by 0.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 475,277 shares of the real estate investment trust's stock worth $1,877,000 after purchasing an additional 4,058 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in shares of Medical Properties Trust by 9.2% during the fourth quarter. Advisors Asset Management Inc. now owns 1,493,176 shares of the real estate investment trust's stock worth $5,898,000 after purchasing an additional 125,919 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on MPW shares. Royal Bank Of Canada cut their price target on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating on the stock in a research note on Monday, June 30th. Wall Street Zen cut Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $5.67.

Medical Properties Trust Stock Performance

MPW stock traded down $0.04 on Friday, reaching $4.09. The company's stock had a trading volume of 9,680,184 shares, compared to its average volume of 11,498,519. Medical Properties Trust, Inc. has a 52 week low of $3.51 and a 52 week high of $6.55. The company has a market capitalization of $2.46 billion, a P/E ratio of -1.48 and a beta of 1.29. The firm has a fifty day moving average of $4.50 and a two-hundred day moving average of $4.91. The company has a debt-to-equity ratio of 1.99, a current ratio of 3.23 and a quick ratio of 3.23.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The firm had revenue of $223.80 million for the quarter, compared to the consensus estimate of $233.80 million. Medical Properties Trust had a negative net margin of 174.35% and a negative return on equity of 31.14%. The business's revenue for the quarter was down 17.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.24 earnings per share. As a group, analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.82%. The ex-dividend date of this dividend was Wednesday, June 18th. Medical Properties Trust's dividend payout ratio is presently -11.55%.

Medical Properties Trust Company 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.