Diversify Advisory Services LLC bought a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPT – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 319,232 shares of the company’s stock, valued at approximately $1,529,000. Diversify Advisory Services LLC owned approximately 0.05% of Medical Properties Trust as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC bought a new stake in shares of Medical Properties Trust in the 2nd quarter valued at approximately $92,000. Nadler Financial Group Inc. bought a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $97,000. Ethic Inc. acquired a new stake in Medical Properties Trust in the 2nd quarter valued at $112,000. Focus Partners Advisor Solutions LLC bought a new stake in Medical Properties Trust in the second quarter valued at $124,000. Finally, Meeder Advisory Services Inc. acquired a new position in Medical Properties Trust during the second quarter worth $130,000. Institutional investors own 71.79% of the company’s stock.
Analyst Upgrades and Downgrades
MPT has been the topic of several analyst reports. Weiss Ratings lowered shares of Medical Properties Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Royal Bank Of Canada reduced 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 report on Thursday, June 18th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $4.50.
Medical Properties Trust Trading Up 3.5%
Shares of MPT stock opened at $4.16 on Thursday. Medical Properties Trust, Inc. has a 1 year low of $3.96 and a 1 year high of $6.47. The company has a debt-to-equity ratio of 2.16, a current ratio of 3.12 and a quick ratio of 3.12. The business’s 50 day moving average is $4.58. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of -69.33 and a beta of 1.41.
Medical Properties Trust (NYSE:MPT – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. The firm had revenue of $259.28 million for the quarter. Medical Properties Trust had a negative return on equity of 0.66% and a negative net margin of 2.96%.The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, equities research analysts forecast that Medical Properties Trust, Inc. will post 0.6 earnings per share for the current fiscal year.
Medical Properties Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 10th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -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.
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