158,210 Shares in Medical Properties Trust, Inc. $MPT Purchased by Concorde Asset Management LLC

Concorde Asset Management LLC bought a new stake in Medical Properties Trust, Inc. (NYSE:MPT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 158,210 shares of the company’s stock, valued at approximately $745,000.

Several other large investors have also recently bought and sold shares of the stock. Asset Management One Co. Ltd. acquired a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $3,233,000. Kestra Private Wealth Services LLC acquired a new position in shares of Medical Properties Trust during the second quarter valued at approximately $92,000. Kovack Advisors Inc. bought a new stake in Medical Properties Trust during the second quarter worth approximately $131,000. Oregon Public Employees Retirement Fund acquired a new stake in Medical Properties Trust in the second quarter worth approximately $511,000. Finally, Resona Asset Management Co. Ltd. acquired a new stake in Medical Properties Trust in the second quarter worth approximately $1,004,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Stock Down 1.0%

Shares of NYSE MPT opened at $4.04 on Friday. Medical Properties Trust, Inc. has a 12 month low of $3.96 and a 12 month high of $6.47. The stock has a market capitalization of $2.41 billion, a P/E ratio of -67.33 and a beta of 1.41. The company has a debt-to-equity ratio of 2.16, a quick ratio of 3.12 and a current ratio of 3.12. The company’s fifty day moving average is $4.49.

Medical Properties Trust (NYSE:MPT) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. Medical Properties Trust had a negative return on equity of 0.66% and a negative net margin of 2.96%.The firm had revenue of $259.28 million for the quarter. The business’s revenue was up 7.9% on a year-over-year basis. As a group, sell-side analysts expect that Medical Properties Trust, Inc. will post 0.6 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 10th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -600.00%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MPT. Weiss Ratings cut Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 18th. Royal Bank Of Canada cut their price target on shares of 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 equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $4.50.

Medical Properties Trust Company 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.