Daiwa Securities Group Inc. Acquires New Holdings in Medical Properties Trust, Inc. $MPT

Daiwa Securities Group Inc. bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPT) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 196,920 shares of the company’s stock, valued at approximately $910,000.

A number of other hedge funds have also modified their holdings of MPT. Asset Management One Co. Ltd. purchased a new position in Medical Properties Trust during the second quarter worth $3,233,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of Medical Properties Trust during the second quarter valued at $2,471,000. Diversify Wealth Management LLC purchased a new stake in Medical Properties Trust during the 2nd quarter worth about $1,529,000. Resona Asset Management Co. Ltd. purchased a new stake in Medical Properties Trust during the 2nd quarter worth about $1,004,000. Finally, Oregon Public Employees Retirement Fund purchased a new position in Medical Properties Trust in the 2nd quarter valued at about $511,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on MPT. Weiss Ratings downgraded shares of Medical Properties Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. 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 on the stock in a research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $4.50.

Medical Properties Trust Price Performance

NYSE MPT opened at $4.19 on Friday. The firm has a market cap of $2.50 billion, a P/E ratio of -69.83 and a beta of 1.41. Medical Properties Trust, Inc. has a 12 month low of $3.99 and a 12 month high of $6.47. The company has a debt-to-equity ratio of 2.16, a quick ratio of 3.11 and a current ratio of 3.12. The company’s 50-day moving average is $4.63.

Medical Properties Trust (NYSE:MPT) last released 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. Medical Properties Trust had a negative net margin of 2.96% and a negative return on equity of 0.66%. The firm had revenue of $259.28 million during the quarter. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.63 EPS for the current year.

Medical Properties Trust Announces Dividend

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 annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -600.00%.

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.