3,441,629 Shares in Medical Properties Trust, Inc. $MPT Bought by Legal & General Group Plc

Legal & General Group Plc purchased a new stake in Medical Properties Trust, Inc. (NYSE:MPT) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,441,629 shares of the company’s stock, valued at approximately $15,900,000. Legal & General Group Plc owned approximately 0.58% of Medical Properties Trust as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of MPT. OneAscent Family Office LLC bought a new position in Medical Properties Trust in the 2nd quarter valued at about $49,000. Greenspring Advisors LLC bought a new position in Medical Properties Trust in the second quarter valued at approximately $54,000. Callan Family Office LLC acquired a new position in Medical Properties Trust during the second quarter valued at approximately $66,000. Allworth Financial LP acquired a new position in Medical Properties Trust during the second quarter valued at approximately $76,000. Finally, Sanctuary Advisors LLC bought a new stake in Medical Properties Trust during the second quarter worth $81,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Weiss Ratings downgraded Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 18th. Royal Bank Of Canada reduced their price objective on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $4.50.

Medical Properties Trust Price Performance

Shares of NYSE:MPT opened at $4.11 on Monday. Medical Properties Trust, Inc. has a one year low of $3.96 and a one year high of $6.47. 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 has a market cap of $2.45 billion, a P/E ratio of -68.50 and a beta of 1.41. The company has a 50 day moving average of $4.48.

Medical Properties Trust (NYSE:MPT) last posted its earnings results on Monday, August 10th. The company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.15. The firm 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%. The firm’s revenue was up 7.9% compared to the same quarter last year. As a group, analysts expect that Medical Properties Trust, Inc. will post 0.6 EPS for the current year.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 10th will be given a dividend of $0.09 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.36 dividend on an annualized basis and a yield of 8.8%. 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.