236,700 Shares in Medical Properties Trust, Inc. $MPT Bought by Jupiter Topco LLC

Jupiter Topco LLC purchased a new stake in Medical Properties Trust, Inc. (NYSE:MPT) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 236,700 shares of the company’s stock, valued at approximately $1,095,000.

Several other hedge funds also recently added to or reduced their stakes in MPT. OneAscent Family Office LLC purchased a new stake in shares of Medical Properties Trust in the second quarter worth about $49,000. Greenspring Advisors LLC purchased a new stake in shares of Medical Properties Trust during the 2nd quarter valued at about $54,000. Callan Family Office LLC acquired a new position in Medical Properties Trust during the 2nd quarter worth approximately $66,000. Allworth Financial LP acquired a new position in Medical Properties Trust during the 2nd quarter worth approximately $76,000. Finally, Sanctuary Advisors LLC purchased a new position in Medical Properties Trust in the 2nd quarter worth approximately $81,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Wells Fargo & Company lowered 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 decreased their target price on shares of 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 downgraded shares of Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 18th. One 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 presently has an average rating of “Sell” and an average target price of $4.15.

Medical Properties Trust Stock Down 0.5%

Shares of NYSE MPT opened at $4.02 on Friday. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 2.16. Medical Properties Trust, Inc. has a fifty-two week low of $3.89 and a fifty-two week high of $6.47. The company’s 50 day simple moving average is $4.44. The firm has a market cap of $2.40 billion, a price-to-earnings ratio of -67.00 and a beta of 1.40.

Medical Properties Trust (NYSE:MPT) last announced its earnings results on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. The company 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%.The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts anticipate that Medical Properties Trust, Inc. will post 0.6 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 10th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.36 annualized dividend and a yield of 9.0%. Medical Properties Trust’s dividend 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.