Voya Investment Management LLC Grows Position in Medical Properties Trust, Inc. (NYSE:MPW)

Voya Investment Management LLC lifted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 584.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 528,865 shares of the real estate investment trust’s stock after purchasing an additional 451,641 shares during the quarter. Voya Investment Management LLC’s holdings in Medical Properties Trust were worth $2,089,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in shares of Medical Properties Trust by 21.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after buying an additional 303,628 shares in the last quarter. CWA Asset Management Group LLC increased its stake in Medical Properties Trust by 21.5% in the fourth quarter. CWA Asset Management Group LLC now owns 182,380 shares of the real estate investment trust’s stock valued at $720,000 after acquiring an additional 32,288 shares during the last quarter. Sage Capital Advisors llc purchased a new stake in Medical Properties Trust during the fourth quarter valued at about $77,000. Adams Asset Advisors LLC lifted its stake in Medical Properties Trust by 13.8% during the fourth quarter. Adams Asset Advisors LLC now owns 496,226 shares of the real estate investment trust’s stock worth $1,960,000 after purchasing an additional 60,081 shares during the last quarter. Finally, Smith Anglin Financial LLC purchased a new position in shares of Medical Properties Trust in the 4th quarter worth about $198,000. 71.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MPW. Royal Bank of Canada raised their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, March 10th. Wells Fargo & Company boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. StockNews.com raised shares of 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 boosted their price target for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.75.

Medical Properties Trust Trading Up 1.9 %

NYSE:MPW opened at $5.24 on Friday. The firm has a market capitalization of $3.18 billion, a P/E ratio of -1.24, a P/E/G ratio of 1.01 and a beta of 1.41. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a fifty day moving average of $5.61 and a 200 day moving average of $4.81. 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 posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The firm had revenue of $223.80 million for the quarter, compared to the consensus estimate of $233.80 million. During the same period in the prior year, the company posted $0.24 EPS. The company’s revenue for the quarter was down 17.5% compared to the same quarter last year. On average, research analysts predict that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 6.11%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -11.55%.

Medical Properties Trust Company 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.