321,522 Shares in Medical Properties Trust, Inc. $MPT Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC acquired a new position in shares of Medical Properties Trust, Inc. (NYSE:MPT) in the 3rd quarter, HoldingsChannel reports. The fund acquired 321,522 shares of the company’s stock, valued at approximately $868,000.

Several other hedge funds also recently modified their holdings of MPT. BlackRock Inc. acquired a new position in shares of Medical Properties Trust during the 2nd quarter valued at $347,673,000. State Street Corp bought a new position in Medical Properties Trust during the second quarter worth $118,522,000. Allianz Asset Management GmbH bought a new position in Medical Properties Trust during the second quarter worth $33,903,000. Advisors Capital Management LLC acquired a new stake in Medical Properties Trust in the second quarter worth $30,483,000. Finally, Bank of New York Mellon Corp acquired a new stake in Medical Properties Trust in the second quarter worth $28,285,000. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

Shares of MPT opened at $1.82 on Wednesday. The company has a debt-to-equity ratio of 2.00, a quick ratio of 3.12 and a current ratio of 3.92. The stock has a 50 day moving average price of $3.12 and a two-hundred day moving average price of $4.25. The firm has a market capitalization of $1.09 billion, a P/E ratio of 4.45 and a beta of 1.51. Medical Properties Trust, Inc. has a 52 week low of $1.72 and a 52 week high of $6.47.

Medical Properties Trust (NYSE:MPT) last posted its earnings results on Thursday, October 29th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). The company had revenue of $250.14 million during the quarter. Medical Properties Trust had a net margin of 24.14% and a return on equity of 5.45%. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. Equities analysts forecast that Medical Properties Trust, Inc. will post 0.51 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 10th were paid a dividend of $0.09 per share. The ex-dividend date was Thursday, September 10th. This represents a $0.36 annualized dividend and a yield of 19.7%. Medical Properties Trust’s dividend payout ratio (DPR) is 87.80%.

Analyst Ratings Changes

MPT has been the subject of several research analyst reports. BNP Paribas Exane downgraded shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and set a $2.25 price target for the company. in a research note on Tuesday, November 3rd. Weiss Ratings raised shares of Medical Properties Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Royal Bank Of Canada downgraded Medical Properties Trust from a “sector perform” rating to an “underperform” rating and reduced their target price for the company from $4.50 to $2.00 in a research note on Friday, October 30th. Finally, Wells Fargo & Company decreased their target price on Medical Properties Trust from $5.00 to $3.80 and set an “underweight” rating for the company in a research report on Tuesday, September 1st. One analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Strong Sell” and a consensus target price of $2.68.

Medical Properties Trust Company Profile

Medical Properties Trust is a real estate investment trust that owns and invests in healthcare facilities, with a primary focus on hospitals. The company leases its properties to healthcare operators and may provide financing related to the acquisition or development of medical facilities. Founded in 2003, Medical Properties Trust has built a portfolio of properties serving acute-care, behavioral health, rehabilitation and other healthcare needs. Its investments have included facilities in the United States and international markets.