Oppenheimer & Co. Inc. Acquires Shares of 16,419 Medical Properties Trust, Inc. (NYSE:MPW)

Oppenheimer & Co. Inc. acquired a new stake in Medical Properties Trust, Inc. (NYSE:MPW) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 16,419 shares of the real estate investment trust’s stock, valued at approximately $99,000.

Other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its holdings in Medical Properties Trust by 1.4% in the 4th 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 purchasing an additional 118,577 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Medical Properties Trust during the 4th quarter worth approximately $2,114,000. Advisors Asset Management Inc. boosted its stake in shares of Medical Properties Trust by 9.2% during the 4th quarter. Advisors Asset Management Inc. now owns 1,493,176 shares of the real estate investment trust’s stock worth $5,898,000 after acquiring an additional 125,919 shares in the last quarter. Hudson Bay Capital Management LP purchased a new stake in shares of Medical Properties Trust during the 4th quarter worth approximately $4,562,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Medical Properties Trust by 4.6% during 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 acquiring an additional 77,879 shares in the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

MPW stock opened at $4.38 on Friday. Medical Properties Trust, Inc. has a 1 year low of $3.51 and a 1 year high of $6.55. 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’s 50 day moving average price is $4.74 and its 200 day moving average price is $4.87. The firm has a market cap of $2.63 billion, a P/E ratio of -1.58 and a beta of 1.29.

Medical Properties Trust (NYSE:MPW) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $223.80 million during the quarter, compared to analysts’ expectations of $233.80 million. During the same period in the previous year, the company posted $0.24 EPS. Medical Properties Trust’s quarterly revenue was down 17.5% compared to the same quarter last year. On average, sell-side analysts expect that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Wednesday, June 18th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date of this dividend is Wednesday, June 18th. Medical Properties Trust’s payout ratio is currently -11.55%.

Analysts Set New Price Targets

MPW has been the topic of several research analyst reports. Royal Bank Of Canada decreased their price target on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a research note on Monday. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. Finally, Wells Fargo & Company boosted their price target 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. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $5.67.

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.