Odyssean LLC Purchases 343,015 Shares of Medical Properties Trust, Inc. $MPT

Odyssean LLC boosted its position in shares of Medical Properties Trust, Inc. (NYSE:MPT) by 133.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 599,358 shares of the company’s stock after purchasing an additional 343,015 shares during the period. Odyssean LLC’s holdings in Medical Properties Trust were worth $2,769,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. OneAscent Family Office LLC bought a new stake in shares of Medical Properties Trust during the 2nd quarter worth approximately $49,000. Greenspring Advisors LLC bought a new position in Medical Properties Trust in the second quarter valued at approximately $54,000. Callan Family Office LLC bought a new position in Medical Properties Trust in the second quarter valued at approximately $66,000. Allworth Financial LP acquired a new position in Medical Properties Trust during the second quarter valued at approximately $76,000. Finally, Sanctuary Advisors LLC acquired a new position in Medical Properties Trust during the second quarter valued at approximately $81,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Medical Properties Trust Stock Down 0.2%

Shares of NYSE MPT opened at $4.11 on Wednesday. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of -68.50 and a beta of 1.41. The business’s fifty day moving average is $4.51. The company has a debt-to-equity ratio of 2.16, a quick ratio of 3.12 and a current ratio of 3.12. Medical Properties Trust, Inc. has a 12-month low of $3.96 and a 12-month high of $6.47.

Medical Properties Trust (NYSE:MPT) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate 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% on a year-over-year basis. On average, equities analysts predict that Medical Properties Trust, Inc. will post 0.6 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 10th will be given a dividend of $0.09 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.36 annualized dividend and a yield of 8.8%. Medical Properties Trust’s dividend payout ratio 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.