Regent Peak Wealth Advisors LLC Makes New $125,000 Investment in Medical Properties Trust, Inc. (NYSE:MPW)

Regent Peak Wealth Advisors LLC purchased a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,322 shares of the real estate investment trust’s stock, valued at approximately $125,000.

Several other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Medical Properties Trust by 8.2% in the 1st 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 during the last quarter. Dimensional Fund Advisors LP increased its position in Medical Properties Trust by 4.0% in the second quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust’s stock worth $37,168,000 after purchasing an additional 328,184 shares during the period. Bank of New York Mellon Corp lifted its position in Medical Properties Trust by 22.6% during the 2nd 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 purchasing an additional 1,274,481 shares during the period. Wilsey Asset Management Inc. lifted its position in Medical Properties Trust by 27.2% during the 2nd quarter. Wilsey Asset Management Inc. now owns 4,376,180 shares of the real estate investment trust’s stock valued at $18,861,000 after purchasing an additional 936,631 shares during the period. Finally, Goldentree Asset Management LP bought a new position in shares of Medical Properties Trust in the 1st quarter valued at about $15,966,000. Institutional investors own 71.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MPW. Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective on the stock in a report on Friday, September 13th. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a research report on Monday, September 23rd. Truist Financial increased their price target on shares of Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a research report on Friday, September 13th. Finally, BNP Paribas cut shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $6.00 to $4.00 in a report on Tuesday, July 2nd. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, Medical Properties Trust currently has an average rating of “Hold” and a consensus price target of $5.22.

Medical Properties Trust Stock Up 0.9 %

Shares of Medical Properties Trust stock traded up $0.04 on Wednesday, hitting $4.73. The company had a trading volume of 5,065,289 shares, compared to its average volume of 17,480,188. The stock has a 50-day moving average of $5.14 and a 200-day moving average of $4.89. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.93 and a quick ratio of 2.93. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $6.55. The firm has a market capitalization of $2.84 billion, a P/E ratio of -2.12, a P/E/G ratio of 0.76 and a beta of 1.29.

Medical Properties Trust (NYSE:MPW) last announced its 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 company had revenue of $266.60 million for the quarter, compared to analysts’ expectations of $259.53 million. During the same period in the previous year, the firm posted $0.48 earnings per share. The company’s revenue for the quarter was down 21.0% on a year-over-year basis. Research analysts predict that Medical Properties Trust, Inc. will post 0.85 earnings per share for the current year.

Medical Properties Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 9th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date was Monday, September 9th. Medical Properties Trust’s dividend payout ratio is presently -14.41%.

Insider Buying and Selling at Medical Properties Trust

In other news, Director Michael G. Stewart sold 32,780 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total transaction of $178,978.80. Following the completion of the transaction, the director now directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director C Reynolds Thompson III sold 20,530 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total transaction of $89,921.40. Following the sale, the director now owns 54,637 shares in the company, valued at approximately $239,310.06. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael G. Stewart sold 32,780 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 63,335 shares of company stock worth $318,825. Corporate insiders own 1.53% of the company’s stock.

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.