Medical Properties Trust, Inc. (NYSE:MPW) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 13.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,020,568 shares of the real estate investment trust’s stock after acquiring an additional 1,182,028 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Medical Properties Trust were worth $60,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Versant Capital Management Inc boosted its stake in Medical Properties Trust by 98.1% in 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 acquiring an additional 3,060 shares in the last quarter. GF Fund Management CO. LTD. purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $41,000. Farther Finance Advisors LLC raised its holdings in shares of Medical Properties Trust by 49.5% in the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 2,606 shares during the last quarter. Armis Advisers LLC purchased a new stake in shares of Medical Properties Trust in the fourth quarter valued at about $51,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Medical Properties Trust by 134.0% in the first quarter. Sound Income Strategies LLC now owns 8,760 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 5,016 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

MPW has been the subject of a number of research reports. Royal Bank Of Canada reduced their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a report on Monday, June 30th. Wall Street Zen cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, July 5th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.67.

Medical Properties Trust Trading Down 2.4%

NYSE MPW opened at $4.05 on Friday. The stock has a market capitalization of $2.43 billion, a P/E ratio of -1.69 and a beta of 1.28. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week high of $6.55. The firm has a 50-day moving average price of $4.27 and a 200 day moving average price of $4.90. The company has a quick ratio of 3.23, a current ratio of 2.76 and a debt-to-equity ratio of 2.00.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Thursday, July 31st. 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 firm had revenue of $240.36 million for the quarter, compared to analysts’ expectations of $231.90 million. Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%. The company’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.23 earnings per share. Equities research analysts expect that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 11th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Thursday, September 11th. Medical Properties Trust’s dividend payout ratio is currently -13.39%.

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.