Victory Capital Management Inc. Boosts Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Key Points

• Victory Capital Management Inc. significantly increased its stake in Medical Properties Trust by 303.9%, owning 419,069 shares after purchasing an additional 315,309 shares in Q1.
• Medical Properties Trust reported $0.14 EPS for the last quarter, missing the consensus estimate of $0.15, and experienced a 17.5% decline in revenue year-over-year.
• The company announced a quarterly dividend of $0.08, yielding 7.51%, with a negative dividend payout ratio of -11.55%.

Victory Capital Management Inc. raised its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 303.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 419,069 shares of the real estate investment trust's stock after purchasing an additional 315,309 shares during the quarter. Victory Capital Management Inc. owned 0.07% of Medical Properties Trust worth $2,527,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in Medical Properties Trust by 0.6% during the 4th 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 buying an additional 58,828 shares in the last quarter. Northern Trust Corp grew its position in shares of 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 worth $24,921,000 after buying an additional 2,385,081 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Medical Properties Trust by 4.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,676,474 shares of the real estate investment trust's stock worth $14,522,000 after buying an additional 150,760 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Medical Properties Trust by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 2,979,094 shares of the real estate investment trust's stock worth $17,964,000 after purchasing an additional 66,820 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Medical Properties Trust by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,782,664 shares of the real estate investment trust's stock worth $7,042,000 after purchasing an additional 77,879 shares in the last quarter. Institutional investors own 71.79% of the company's stock.

Medical Properties Trust Stock Down 1.1%

Shares of MPW stock traded down $0.05 during trading hours on Friday, reaching $4.08. 4,484,826 shares of the stock were exchanged, compared to its average volume of 10,666,635. The business's fifty day moving average is $4.37 and its two-hundred day moving average is $4.92. 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, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55. The firm has a market capitalization of $2.45 billion, a P/E ratio of -1.47 and a beta of 1.29.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company 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 174.35% and a negative return on equity of 31.14%. The business's revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 earnings per share. As a group, research analysts expect that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Wednesday, June 18th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.32 annualized dividend and a dividend yield of 7.9%. Medical Properties Trust's dividend payout ratio (DPR) is currently -11.55%.

Analyst Upgrades and Downgrades

Several analysts have commented on MPW shares. 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. Royal Bank Of Canada dropped their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a report on Monday, June 30th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus 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.