Medical Properties Trust (NYSE:MPT) Reaches New 1-Year Low – What’s Next?

Medical Properties Trust, Inc. (NYSE:MPTGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $3.98 and last traded at $3.99, with a volume of 4475316 shares traded. The stock had previously closed at $4.05.

Wall Street Analysts Forecast Growth

MPT has been the subject of several research analyst reports. Weiss Ratings lowered Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Royal Bank Of Canada dropped their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $4.50.

Check Out Our Latest Report on Medical Properties Trust

Medical Properties Trust Trading Up 3.5%

The business has a 50 day simple moving average of $4.58. The company has a market capitalization of $2.48 billion, a PE ratio of -69.33 and a beta of 1.41. 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:MPTGet Free Report) last released 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 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%.Medical Properties Trust’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, research analysts anticipate that Medical Properties Trust, Inc. will post 0.6 earnings per share for the current year.

Medical Properties Trust Dividend Announcement

The company also recently announced 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 of this dividend is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -600.00%.

Hedge Funds Weigh In On Medical Properties Trust

A number of large investors have recently bought and sold shares of MPT. Two Sigma Securities LLC boosted its holdings in Medical Properties Trust by 179.5% during the second quarter. Two Sigma Securities LLC now owns 33,370 shares of the company’s stock worth $154,000 after purchasing an additional 21,430 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Medical Properties Trust by 301,176.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,539,997 shares of the company’s stock valued at $16,355,000 after buying an additional 3,538,822 shares during the last quarter. Hsbc Holdings PLC increased its stake in Medical Properties Trust by 8.8% in the 2nd quarter. Hsbc Holdings PLC now owns 1,036,883 shares of the company’s stock valued at $4,793,000 after buying an additional 83,685 shares during the last quarter. Concorde Asset Management LLC bought a new stake in Medical Properties Trust during the 2nd quarter worth about $745,000. Finally, Empowered Funds LLC bought a new stake in Medical Properties Trust during the 2nd quarter worth about $83,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

About Medical Properties Trust

(Get Free Report)

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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