Medical Properties Trust, Inc. (NYSE:MPW) Stock Holdings Increased by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. boosted its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 150.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 276,317 shares of the real estate investment trust’s stock after purchasing an additional 166,182 shares during the period. Lecap Asset Management Ltd.’s holdings in Medical Properties Trust were worth $1,616,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MPW. Future Financial Wealth Managment LLC purchased a new position in shares of Medical Properties Trust during the 3rd quarter valued at $29,000. Versant Capital Management Inc increased its holdings in Medical Properties Trust by 435.0% in the second quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 6,482 shares during the last quarter. Iron Horse Wealth Management LLC increased its holdings in Medical Properties Trust by 166.7% in the second quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 5,000 shares during the last quarter. GAMMA Investing LLC lifted its stake in Medical Properties Trust by 107.3% in the third quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 3,145 shares during the last quarter. Finally, Fidelis Capital Partners LLC bought a new stake in Medical Properties Trust in the first quarter worth approximately $43,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Up 0.2 %

Shares of MPW stock opened at $4.72 on Thursday. The stock has a 50 day moving average of $5.15 and a 200-day moving average of $4.90. The firm has a market cap of $2.83 billion, a PE ratio of -2.13, a price-to-earnings-growth ratio of 0.76 and a beta of 1.29. The company has a quick ratio of 2.93, a current ratio of 2.93 and a debt-to-equity ratio of 1.51. Medical Properties Trust, Inc. has a 12 month low of $2.92 and a 12 month high of $6.55.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.75). The business had revenue of $266.60 million for the quarter, compared to analysts’ expectations of $259.53 million. Medical Properties Trust’s revenue for the quarter was down 21.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 earnings per share. On average, equities analysts predict that Medical Properties Trust, Inc. will post 0.85 EPS for the current year.

Medical Properties Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Monday, September 9th were issued a $0.08 dividend. The ex-dividend date was Monday, September 9th. This represents a $0.32 annualized dividend and a yield of 6.78%. Medical Properties Trust’s dividend payout ratio (DPR) is -14.41%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target on the stock in a report on Friday, September 13th. Truist Financial boosted their price target on Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Friday, September 13th. Wolfe Research raised Medical Properties Trust to a “hold” rating in a research note on Monday, September 23rd. Finally, BNP Paribas cut Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $6.00 to $4.00 in a research report on Tuesday, July 2nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $5.38.

Insiders Place Their Bets

In other news, Director Elizabeth N. Pitman bought 8,087 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the purchase, the director now owns 76,740 shares of the company’s stock, valued at $461,207.40. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Medical Properties Trust news, Director Elizabeth N. Pitman bought 8,087 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were acquired at an average price of $6.01 per share, with a total value of $48,602.87. Following the completion of the purchase, the director now directly owns 76,740 shares in the company, valued at $461,207.40. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Michael G. Stewart sold 32,780 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total transaction of $178,978.80. Following the transaction, the director now owns 221,245 shares of the company’s stock, valued at approximately $1,207,997.70. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,335 shares of company stock worth $318,825. 1.53% of the stock is currently owned by company insiders.

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.