TriaGen Wealth Management LLC Acquires Shares of 107,266 Medical Properties Trust, Inc. $MPW

Key Points

• TriaGen Wealth Management LLC made a new investment of approximately $647,000 in Medical Properties Trust, acquiring 107,266 shares during the 1st quarter.
• Medical Properties Trust reported a negative net margin of 155.20% and missed earnings per share estimates in its latest quarterly results, earning $0.14 per share versus a consensus of $0.15.
• The company announced a quarterly dividend of $0.08 per share, representing an annualized yield of 7.9% with a negative payout ratio currently at -13.39%.

TriaGen Wealth Management LLC purchased a new stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 107,266 shares of the real estate investment trust's stock, valued at approximately $647,000.

Several other institutional investors also recently bought and sold shares of MPW. Northern Trust Corp raised its holdings in Medical Properties Trust by 60.8% in the 4th quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust's stock valued at $24,921,000 after acquiring an additional 2,385,081 shares during the last quarter. Allianz Asset Management GmbH grew its stake in shares of Medical Properties Trust by 43.2% during the 1st quarter. Allianz Asset Management GmbH now owns 7,134,629 shares of the real estate investment trust's stock valued at $43,022,000 after buying an additional 2,152,861 shares during the period. Nuveen LLC purchased a new stake in shares of Medical Properties Trust during the 1st quarter valued at $7,311,000. Charles Schwab Investment Management Inc. grew its stake in shares of Medical Properties Trust by 13.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,020,568 shares of the real estate investment trust's stock valued at $60,424,000 after buying an additional 1,182,028 shares during the period. Finally, Hudson Bay Capital Management LP purchased a new stake in shares of Medical Properties Trust during the 4th quarter valued at $4,562,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Stock Up 1.7%

NYSE:MPW traded up $0.0750 during mid-day trading on Friday, hitting $4.4050. The company had a trading volume of 4,741,054 shares, compared to its average volume of 10,477,892. The business has a fifty day simple moving average of $4.25 and a 200-day simple moving average of $4.89. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 2.00. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of -1.84 and a beta of 1.28.

Medical Properties Trust (NYSE:MPW - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $240.36 million during the quarter, compared to analysts' expectations 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 business's quarterly revenue was down 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 earnings per share. Equities analysts forecast that Medical Properties Trust, Inc. will post 0.78 earnings per share 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 given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust's dividend payout ratio is presently -13.39%.

Analysts Set New Price Targets

MPW has been the subject of several research reports. Royal Bank Of Canada lowered their price objective on shares of 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. Wall Street Zen cut shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th. Finally, Zacks Research raised shares of Medical Properties Trust from a "strong sell" rating to a "hold" rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Medical Properties Trust currently has an average rating of "Hold" and a consensus price target of $5.67.

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.