Wealth Enhancement Advisory Services LLC Has $1.13 Million Position in Medical Properties Trust, Inc. (NYSE:MPW)

Wealth Enhancement Advisory Services LLC boosted its holdings in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 727.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 285,623 shares of the real estate investment trust's stock after acquiring an additional 251,114 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Medical Properties Trust were worth $1,128,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Indie Asset Partners LLC raised its holdings in shares of Medical Properties Trust by 16.7% in the 4th quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust's stock worth $61,000 after buying an additional 2,204 shares in the last quarter. Sei Investments Co. raised its stake in Medical Properties Trust by 6.6% during the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust's stock worth $155,000 after acquiring an additional 2,438 shares in the last quarter. Nissay Asset Management Corp Japan ADV lifted its holdings in shares of Medical Properties Trust by 5.6% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 49,953 shares of the real estate investment trust's stock valued at $186,000 after acquiring an additional 2,661 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of Medical Properties Trust by 2.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust's stock valued at $440,000 after purchasing an additional 2,948 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its stake in shares of Medical Properties Trust by 5.8% in the 4th quarter. CIBC Asset Management Inc now owns 60,065 shares of the real estate investment trust's stock valued at $237,000 after purchasing an additional 3,266 shares in the last quarter. Institutional investors own 71.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on MPW shares. Royal Bank of Canada lifted their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a report on Monday, March 10th. Wells Fargo & Company lifted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. Finally, Wall Street Zen raised Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $5.75.

Medical Properties Trust Price Performance

MPW opened at $4.53 on Monday. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. The stock has a market capitalization of $2.72 billion, a P/E ratio of -1.07, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company's 50 day simple moving average is $5.08 and its 200-day simple moving average is $4.85. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The business had revenue of $223.80 million during the quarter, compared to analysts' expectations of $233.80 million. The business's revenue was down 17.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 EPS. Sell-side analysts anticipate that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be issued 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 7.06%. Medical Properties Trust's dividend payout ratio is currently -11.55%.

About Medical Properties Trust

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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