UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Medical Properties Trust, Inc. (NYSE:MPT – Free Report) by 301,176.3% in the 2nd quarter, Holdings Channel reports. The fund owned 3,539,997 shares of the company’s stock after buying an additional 3,538,822 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Medical Properties Trust were worth $16,355,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently bought and sold shares of the company. OneAscent Family Office LLC purchased a new stake in Medical Properties Trust in the 2nd quarter worth approximately $49,000. Greenspring Advisors LLC purchased a new position in shares of Medical Properties Trust during the 2nd quarter valued at approximately $54,000. Callan Family Office LLC acquired a new position in shares of Medical Properties Trust in the 2nd quarter valued at $66,000. Allworth Financial LP acquired a new position in shares of Medical Properties Trust in the 2nd quarter valued at $76,000. Finally, Sanctuary Advisors LLC purchased a new stake in Medical Properties Trust during the second quarter worth $81,000. 71.79% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
MPT has been the subject of a number of analyst reports. Wells Fargo & Company decreased their price objective on shares of Medical Properties Trust from $5.00 to $3.80 and set an “underweight” rating for the company in a research report on Tuesday. Royal Bank Of Canada cut their price target 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. Finally, Weiss Ratings cut Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Sell” and an average target price of $4.15.
Medical Properties Trust Stock Performance
Medical Properties Trust stock opened at $4.02 on Friday. The company has a fifty day moving average of $4.44. Medical Properties Trust, Inc. has a 1 year low of $3.89 and a 1 year high of $6.47. The firm has a market cap of $2.40 billion, a PE ratio of -67.00 and a beta of 1.40. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 2.16.
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 for the quarter, hitting analysts’ consensus estimates of $0.15. The company 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%. The business’s revenue was up 7.9% compared to the same quarter last year. Sell-side analysts predict that Medical Properties Trust, Inc. will post 0.6 EPS for the current year.
Medical Properties Trust Dividend Announcement
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 dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 9.0%. Medical Properties Trust’s payout ratio is currently -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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