Daiwa Securities Group Inc. Purchases Shares of 196,920 Medical Properties Trust, Inc. $MPT

Daiwa Securities Group Inc. acquired a new position in shares of Medical Properties Trust, Inc. (NYSE:MPT) in the 2nd quarter, HoldingsChannel reports. The fund acquired 196,920 shares of the company’s stock, valued at approximately $910,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Private Wealth Services LLC acquired a new stake in Medical Properties Trust in the 2nd quarter valued at $92,000. Nadler Financial Group Inc. acquired a new stake in shares of Medical Properties Trust in the second quarter valued at about $97,000. Ethic Inc. acquired a new position in Medical Properties Trust during the 2nd quarter worth approximately $112,000. Kovack Advisors Inc. purchased a new position in Medical Properties Trust in the 2nd quarter worth approximately $131,000. Finally, Swiss Life Asset Management Ltd acquired a new stake in Medical Properties Trust in the second quarter valued at approximately $135,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on MPT shares. Weiss Ratings cut shares of Medical Properties Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada dropped their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $4.50.

Medical Properties Trust Stock Down 0.2%

MPT stock opened at $4.19 on Friday. The business’s 50 day simple moving average is $4.63. Medical Properties Trust, Inc. has a 52-week low of $3.99 and a 52-week high of $6.47. The stock has a market cap of $2.50 billion, a P/E ratio of -69.83 and a beta of 1.41. The company has a quick ratio of 3.11, a current ratio of 3.12 and a debt-to-equity ratio of 2.16.

Medical Properties Trust (NYSE:MPT) last released its quarterly earnings results on Monday, August 10th. The company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.15. The business had revenue of $259.28 million during the quarter. Medical Properties Trust had a negative net margin of 2.96% and a negative return on equity of 0.66%. Medical Properties Trust’s quarterly revenue was up 7.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Medical Properties Trust, Inc. will post 0.63 EPS for the current year.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 10th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio is -600.00%.

Medical Properties Trust Profile

Medical Properties Trust, Inc (NYSE: MPT) is a real estate investment trust (REIT) that acquires, owns and finances hospitals and other healthcare facilities. Founded in 2003 by Edward K. Aldag Jr., the company’s business model centers on providing real estate capital to healthcare operators through long-term leases, sale-leaseback transactions, build-to-suit developments and mortgage financing. By specializing in healthcare real estate, MPT aims to deliver steady rental income and asset-based returns while enabling operators to access capital for clinical operations and growth.

The company’s portfolio primarily comprises acute care hospitals, inpatient rehabilitation hospitals, long-term acute care facilities, behavioral health centers and other specialty hospitals.