CWA Asset Management Group LLC Purchases 51,577 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

CWA Asset Management Group LLC raised its position in Medical Properties Trust, Inc. (NYSE:MPW) by 28.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 233,957 shares of the real estate investment trust’s stock after acquiring an additional 51,577 shares during the quarter. CWA Asset Management Group LLC’s holdings in Medical Properties Trust were worth $1,411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its position in shares of 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 purchasing an additional 58,828 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Medical Properties Trust by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust’s stock valued at $34,912,000 after buying an additional 118,577 shares during the period. Northern Trust Corp increased its holdings in Medical Properties Trust by 60.8% during the fourth quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust’s stock valued at $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 raised its position in Medical Properties Trust by 4.3% in the fourth 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 acquiring an additional 150,760 shares during the period. Finally, Principal Financial Group Inc. raised its position in Medical Properties Trust by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 2,912,274 shares of the real estate investment trust’s stock worth $11,503,000 after acquiring an additional 86,925 shares during the period. 71.79% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Trading Down 0.6%

Shares of MPW stock opened at $4.42 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 3.23 and a current ratio of 3.23. The stock has a fifty day simple moving average of $4.93 and a two-hundred day simple moving average of $4.85. The firm has a market capitalization of $2.65 billion, a PE ratio of -1.59 and a beta of 1.32. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week high of $6.55.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). The business had revenue of $223.80 million for the quarter, compared to analysts’ expectations of $233.80 million. Medical Properties Trust had a negative return on equity of 31.14% and a negative net margin of 174.35%. The business’s revenue for the quarter was down 17.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 EPS. On average, analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.25%. The ex-dividend date is Wednesday, June 18th. Medical Properties Trust’s payout ratio is currently -11.55%.

Analyst Upgrades and Downgrades

MPW has been the subject of several analyst reports. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. Royal Bank Of Canada upped their price target on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th. Wells Fargo & Company raised their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Finally, Wall Street Zen raised shares of 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 assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $5.75.

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.