107,266 Shares in Medical Properties Trust, Inc. $MPW Bought by TriaGen Wealth Management LLC

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 position in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 107,266 shares of the real estate investment trust's stock, valued at approximately $647,000.

Several other hedge funds have also bought and sold shares of the stock. Versant Capital Management Inc increased its holdings in shares of Medical Properties Trust by 98.1% in the 1st quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock worth $37,000 after buying an additional 3,060 shares during the last quarter. GF Fund Management CO. LTD. bought a new stake in shares of Medical Properties Trust in the 4th quarter worth about $41,000. Farther Finance Advisors LLC increased its holdings in shares of Medical Properties Trust by 49.5% in the 1st quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock worth $47,000 after buying an additional 2,606 shares during the last quarter. Armis Advisers LLC bought a new stake in shares of Medical Properties Trust in the 4th quarter worth about $51,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Medical Properties Trust by 134.0% in the 1st quarter. Sound Income Strategies LLC now owns 8,760 shares of the real estate investment trust's stock worth $53,000 after buying an additional 5,016 shares during the last quarter. Hedge funds and other institutional investors own 71.79% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on MPW. Royal Bank Of Canada reduced their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating on the stock in a report on Monday, June 30th. Wall Street Zen downgraded shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a report on Saturday, July 5th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Medical Properties Trust currently has a consensus rating of "Hold" and an average target price of $5.67.

Medical Properties Trust Stock Up 2.2%

NYSE:MPW traded up $0.0950 during midday trading on Wednesday, reaching $4.3350. 11,606,498 shares of the stock traded hands, compared to its average volume of 10,540,320. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. The business has a 50-day moving average of $4.26 and a two-hundred day moving average of $4.90. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.76 and a current ratio of 2.76. The stock has a market capitalization of $2.61 billion, a PE ratio of -1.81 and a beta of 1.28.

Medical Properties Trust (NYSE:MPW - Get Free Report) last posted 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). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The firm had revenue of $240.36 million for the quarter, compared to analysts' expectations of $231.90 million. During the same period in the previous year, the company earned $0.23 EPS. The company's revenue was down 9.8% on a year-over-year basis. On average, 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 business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.4%. Medical Properties Trust's dividend payout ratio (DPR) is currently -13.39%.

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.