Csenge Advisory Group Boosts Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Csenge Advisory Group increased its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 100.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,915 shares of the real estate investment trust’s stock after purchasing an additional 63,619 shares during the period. Csenge Advisory Group’s holdings in Medical Properties Trust were worth $547,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Adams Asset Advisors LLC increased its stake in Medical Properties Trust by 9.4% in the 2nd quarter. Adams Asset Advisors LLC now owns 436,145 shares of the real estate investment trust’s stock worth $1,880,000 after acquiring an additional 37,652 shares during the last quarter. Kingswood Wealth Advisors LLC increased its position in shares of Medical Properties Trust by 70.6% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 17,597 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 7,281 shares during the last quarter. Sage Capital Advisors llc bought a new position in shares of Medical Properties Trust during the 2nd quarter valued at approximately $47,000. Versant Capital Management Inc increased its position in shares of Medical Properties Trust by 435.0% during the 2nd quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 6,482 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. bought a new position in shares of Medical Properties Trust during the 1st quarter valued at approximately $62,000. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Up 4.1 %

Shares of MPW stock traded up $0.19 during mid-day trading on Thursday, hitting $4.78. The stock had a trading volume of 27,834,462 shares, compared to its average volume of 19,096,129. The company has a debt-to-equity ratio of 1.51, a current ratio of 3.10 and a quick ratio of 3.10. The firm has a market capitalization of $2.87 billion, a P/E ratio of -2.15, a price-to-earnings-growth ratio of 0.65 and a beta of 1.27. Medical Properties Trust, Inc. has a 12-month low of $2.92 and a 12-month high of $8.94. The firm’s 50-day moving average is $4.79 and its two-hundred day moving average is $4.44.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Investors of record on Monday, June 10th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.55%. The ex-dividend date was Monday, June 10th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -27.03%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MPW. StockNews.com downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Royal Bank of Canada reissued a “sector perform” rating and set a $5.00 target price on shares of Medical Properties Trust in a research report on Tuesday, May 14th. BNP Paribas downgraded Medical Properties Trust from an “outperform” rating to a “neutral” rating and cut their target price for the company from $6.00 to $4.00 in a research report on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “sell” rating to a “hold” rating and upped their price objective for the company from $2.00 to $5.00 in a research report on Wednesday, April 17th. Finally, Truist Financial upped their price objective on Medical Properties Trust from $4.50 to $5.00 and gave the company a “hold” rating in a research report on Thursday, May 30th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $5.61.

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.