Voya Investment Management LLC Increases Stock Position in Medical Properties Trust, Inc. $MPW

Voya Investment Management LLC lifted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 11.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 591,130 shares of the real estate investment trust's stock after purchasing an additional 62,265 shares during the period. Voya Investment Management LLC owned about 0.10% of Medical Properties Trust worth $3,565,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Allianz Asset Management GmbH increased its position in shares of Medical Properties Trust by 43.2% in the 1st quarter. Allianz Asset Management GmbH now owns 7,134,629 shares of the real estate investment trust's stock worth $43,022,000 after purchasing an additional 2,152,861 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Medical Properties Trust by 295.0% during the 1st quarter. AQR Capital Management LLC now owns 2,743,970 shares of the real estate investment trust's stock worth $16,313,000 after purchasing an additional 2,049,268 shares during the last quarter. Nuveen LLC acquired a new position in shares of Medical Properties Trust during the 1st quarter worth $7,311,000. Charles Schwab Investment Management Inc. boosted its holdings in Medical Properties Trust by 13.4% in 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 purchasing an additional 1,182,028 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Medical Properties Trust by 11.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,086,848 shares of the real estate investment trust's stock valued at $24,644,000 after buying an additional 410,374 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Trading Down 0.4%

Shares of MPW opened at $5.02 on Friday. Medical Properties Trust, Inc. has a twelve month low of $3.51 and a twelve month high of $6.34. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 2.00. The stock has a market cap of $3.02 billion, a PE ratio of -2.10 and a beta of 1.35. The business's 50-day moving average price is $4.36 and its 200-day moving average price is $4.83.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. 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 $240.36 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 EPS. On average, equities analysts forecast that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently announced 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 yield of 6.4%. Medical Properties Trust's dividend payout ratio is currently -13.39%.

Wall Street Analysts Forecast Growth

MPW has been the subject of several research reports. Wall Street Zen cut shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. Zacks Research raised shares of Medical Properties Trust from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. Wells Fargo & Company lowered their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set an "underweight" rating on the stock in a report on Wednesday, August 27th. Finally, Royal Bank Of Canada decreased their price target on shares of 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. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Medical Properties Trust currently has a consensus rating of "Hold" and an average price target of $5.40.

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.

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