PDS Planning Inc Invests $78,000 in Medical Properties Trust, Inc. (NYSE:MPW)

PDS Planning Inc acquired a new position in Medical Properties Trust, Inc. (NYSE:MPW) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 12,977 shares of the real estate investment trust’s stock, valued at approximately $78,000.

Other large investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc raised its stake in shares of Medical Properties Trust by 98.1% during the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 3,060 shares in the last quarter. Verus Capital Partners LLC bought a new stake in shares of Medical Properties Trust during the 4th quarter worth about $40,000. RS Crum Inc. acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $40,000. Norges Bank acquired a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $41,000. Finally, GF Fund Management CO. LTD. bought a new position in shares of Medical Properties Trust in the fourth quarter valued at approximately $41,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

MPW opened at $4.46 on Friday. The firm has a market capitalization of $2.68 billion, a P/E ratio of -1.61 and a beta of 1.32. The stock has a fifty day moving average of $4.81 and a 200-day moving average of $4.87. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 1.99. Medical Properties Trust, Inc. has a 12-month low of $3.51 and a 12-month high of $6.55.

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

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Wednesday, June 18th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.18%. The ex-dividend date of this dividend is Wednesday, June 18th. Medical Properties Trust’s dividend payout ratio is currently -11.55%.

Analyst Ratings Changes

A number of research firms have weighed in on MPW. Royal Bank Of Canada upped their target price 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 target price on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Wall Street Zen raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Finally, BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their price target for the company from $5.00 to $9.00 in a report on Wednesday, March 12th. 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $5.75.

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.