Daiwa Securities Group Inc. Has $848,000 Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Daiwa Securities Group Inc. reduced its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 2.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 196,817 shares of the real estate investment trust’s stock after selling 5,686 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Medical Properties Trust were worth $848,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Medical Properties Trust by 8.2% in the first quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust’s stock valued at $437,373,000 after buying an additional 7,084,981 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Medical Properties Trust by 5.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 9,058,339 shares of the real estate investment trust’s stock valued at $44,476,000 after buying an additional 448,118 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Medical Properties Trust by 22.6% in the second quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock valued at $29,775,000 after buying an additional 1,274,481 shares in the last quarter. Coatue Management LLC boosted its stake in Medical Properties Trust by 18.5% in the fourth quarter. Coatue Management LLC now owns 6,806,501 shares of the real estate investment trust’s stock valued at $33,420,000 after buying an additional 1,060,830 shares in the last quarter. Finally, Lasalle Investment Management Securities LLC boosted its stake in Medical Properties Trust by 6.5% in the fourth quarter. Lasalle Investment Management Securities LLC now owns 5,395,068 shares of the real estate investment trust’s stock valued at $26,490,000 after buying an additional 329,224 shares in the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

Shares of MPW opened at $6.37 on Monday. Medical Properties Trust, Inc. has a 1 year low of $2.92 and a 1 year high of $6.64. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.93 and a quick ratio of 2.93. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of -2.87, a price-to-earnings-growth ratio of 0.68 and a beta of 1.28. The business has a 50-day moving average of $4.76 and a 200-day moving average of $4.68.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.75). The firm had revenue of $266.60 million during the quarter, compared to the consensus estimate of $259.53 million. During the same period last year, the business earned $0.48 EPS. Medical Properties Trust’s revenue was down 21.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.89 earnings per share for the current year.

Medical Properties Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Monday, September 9th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, September 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.02%. Medical Properties Trust’s dividend payout ratio (DPR) is -14.41%.

Insider Transactions at Medical Properties Trust

In other Medical Properties Trust news, Director C Reynolds Thompson III sold 20,530 shares of Medical Properties Trust stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total value of $89,921.40. Following the completion of the sale, the director now directly owns 54,637 shares in the company, valued at $239,310.06. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Medical Properties Trust news, Director C Reynolds Thompson III sold 20,530 shares of Medical Properties Trust stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total value of $89,921.40. Following the completion of the sale, the director now directly owns 54,637 shares in the company, valued at $239,310.06. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Elizabeth N. Pitman sold 10,025 shares of Medical Properties Trust stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $4.98, for a total value of $49,924.50. Following the completion of the sale, the director now owns 68,653 shares of the company’s stock, valued at $341,891.94. The disclosure for this sale can be found here. 1.53% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MPW. BNP Paribas lowered Medical Properties Trust from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $6.00 to $4.00 in a research note on Tuesday, July 2nd. Colliers Securities raised Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective on the stock in a research note on Friday. Finally, Truist Financial increased their target price on Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a research report on Friday. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.22.

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.