Diversify Wealth Management LLC Makes New $1.53 Million Investment in Medical Properties Trust, Inc. $MPT

Diversify Wealth Management LLC bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 319,232 shares of the company’s stock, valued at approximately $1,529,000. Diversify Wealth Management LLC owned 0.05% of Medical Properties Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of MPT. Kestra Private Wealth Services LLC purchased a new stake in shares of Medical Properties Trust in the second quarter valued at approximately $92,000. Nadler Financial Group Inc. purchased a new position in Medical Properties Trust during the 2nd quarter worth $97,000. Ethic Inc. bought a new stake in Medical Properties Trust during the 2nd quarter valued at $112,000. Kovack Advisors Inc. bought a new stake in Medical Properties Trust during the 2nd quarter valued at $131,000. Finally, Swiss Life Asset Management Ltd bought a new stake in Medical Properties Trust during the 2nd quarter valued at $135,000. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

NYSE MPT opened at $4.22 on Friday. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 2.13. The company’s 50 day simple moving average is $4.64. Medical Properties Trust, Inc. has a 52-week low of $3.99 and a 52-week high of $6.47. The company has a market capitalization of $2.52 billion, a P/E ratio of -70.33 and a beta of 1.41.

Medical Properties Trust (NYSE:MPT) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. The company had revenue of $259.28 million for 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 revenue for the quarter was up 7.9% compared to the same quarter last year. On average, analysts forecast that Medical Properties Trust, Inc. will post 0.63 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Thursday, June 18th were issued a $0.09 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.5%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -171.43%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on MPT shares. Weiss Ratings downgraded Medical Properties Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada decreased their price objective on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a 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, the company presently has an average rating of “Reduce” and an average price target of $4.50.

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.