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

Teacher Retirement System of Texas purchased a new stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 79,277 shares of the real estate investment trust's stock, valued at approximately $478,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Versant Capital Management Inc grew its stake in Medical Properties Trust by 98.1% during the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 3,060 shares during the period. Farther Finance Advisors LLC lifted its holdings in Medical Properties Trust by 49.5% during the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock worth $47,000 after acquiring an additional 2,606 shares during the period. Sound Income Strategies LLC lifted its holdings in Medical Properties Trust by 134.0% during the first quarter. Sound Income Strategies LLC now owns 8,760 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 5,016 shares during the period. GAMMA Investing LLC raised its stake in shares of Medical Properties Trust by 3,150.3% in the first quarter. GAMMA Investing LLC now owns 10,076 shares of the real estate investment trust's stock valued at $61,000 after buying an additional 9,766 shares during the period. Finally, GF Fund Management CO. LTD. bought a new stake in shares of Medical Properties Trust in the fourth quarter valued at $41,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Royal Bank Of Canada decreased their price objective 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 lowered Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $5.67.

Medical Properties Trust Stock Up 1.3%

Shares of MPW stock traded up $0.06 during midday trading on Thursday, reaching $4.16. 7,633,441 shares of the stock were exchanged, compared to its average volume of 11,495,244. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The company's 50 day moving average is $4.52 and its two-hundred day moving average is $4.90. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 1.99. The firm has a market cap of $2.50 billion, a PE ratio of -1.50 and a beta of 1.29.

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

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.32 annualized dividend and a yield of 7.70%. Medical Properties Trust's dividend payout ratio is -11.55%.

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.