Police & Firemen s Retirement System of New Jersey Has $823,000 Stock Holdings in Medical Properties Trust, Inc. $MPW

Police & Firemen s Retirement System of New Jersey decreased its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 13.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,952 shares of the real estate investment trust’s stock after selling 29,856 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Medical Properties Trust were worth $823,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MPW. Verus Capital Partners LLC grew its stake in Medical Properties Trust by 25.0% in the second quarter. Verus Capital Partners LLC now owns 12,500 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 2,500 shares in the last quarter. HB Wealth Management LLC boosted its holdings in shares of Medical Properties Trust by 7.1% in the 1st quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 2,575 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Medical Properties Trust by 1.5% in the 2nd quarter. Bank of Montreal Can now owns 188,994 shares of the real estate investment trust’s stock valued at $815,000 after buying an additional 2,780 shares during the last quarter. Focus Partners Wealth grew its stake in shares of Medical Properties Trust by 11.7% in the first quarter. Focus Partners Wealth now owns 32,690 shares of the real estate investment trust’s stock valued at $197,000 after buying an additional 3,415 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its holdings in Medical Properties Trust by 20.8% during the second quarter. Concurrent Investment Advisors LLC now owns 21,306 shares of the real estate investment trust’s stock worth $92,000 after buying an additional 3,671 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

Shares of MPW opened at $5.30 on Friday. The company’s 50-day moving average is $5.10 and its 200-day moving average is $4.67. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 2.76. The firm has a market capitalization of $3.19 billion, a PE ratio of -2.22 and a beta of 1.42. Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.34.

Medical Properties Trust (NYSE:MPW) last announced its earnings results on Thursday, October 30th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%.The company had revenue of $237.52 million for the quarter, compared to the consensus estimate of $244.89 million. During the same period in the previous year, the firm posted $0.16 EPS. The business’s quarterly revenue was up 5.2% on a year-over-year basis. Equities analysts forecast that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $0.36 dividend on an annualized basis and a yield of 6.8%. This is a positive change from Medical Properties Trust’s previous quarterly dividend of $0.08. Medical Properties Trust’s payout ratio is currently -30.51%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a research report on Wednesday, October 8th. Wells Fargo & Company dropped their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating on the stock in a report on Wednesday, August 27th. Wall Street Zen upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, Zacks Research upgraded Medical Properties Trust from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Medical Properties Trust presently has a consensus rating of “Reduce” and an average price target of $5.40.

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.