250,899 Shares in Medical Properties Trust, Inc. $MPT Acquired by Csenge Advisory Group

Key Points

• Csenge Advisory Group acquired 250,899 shares of Medical Properties Trust in the second quarter, valued at approximately $1.16 million. Institutional investors and hedge funds collectively own 71.79% of MPT.
• Analyst sentiment remains cautious: Weiss Ratings downgraded MPT to “sell,” while RBC reduced its price target to $4.50. The stock carries an average “Reduce” rating and a $4.50 consensus target.
• MPT reported quarterly revenue of $259.28 million, up 7.9% year over year, and met earnings expectations at $0.15 per share. The company declared a quarterly dividend of $0.09, representing an annualized yield of about 8.7%.

Csenge Advisory Group bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPT - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 250,899 shares of the company's stock, valued at approximately $1,159,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC purchased a new position in Medical Properties Trust in the second quarter valued at $92,000. Nadler Financial Group Inc. purchased a new stake in shares of Medical Properties Trust during the 2nd quarter worth about $97,000. Ethic Inc. acquired a new stake in shares of Medical Properties Trust during the 2nd quarter valued at about $112,000. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Medical Properties Trust during the 2nd quarter valued at about $124,000. Finally, Meeder Advisory Services Inc. purchased a new position in shares of Medical Properties Trust in the 2nd quarter valued at about $130,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on MPT. Weiss Ratings cut Medical Properties Trust from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 4th. Royal Bank Of Canada cut their price objective on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a research report on Thursday, June 18th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Reduce" and an average target price of $4.50.

Medical Properties Trust Stock Up 3.5%

MPT opened at $4.16 on Thursday. The firm's fifty day moving average is $4.58. Medical Properties Trust, Inc. has a 52-week low of $3.96 and a 52-week high of $6.47. The stock has a market capitalization of $2.48 billion, a P/E ratio of -69.33 and a beta of 1.41. 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 (NYSE:MPT - Get Free Report) last released its earnings results on Monday, August 10th. The company reported $0.15 EPS for the quarter, hitting 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 business had revenue of $259.28 million during the quarter. Medical Properties Trust's quarterly revenue was up 7.9% compared to the same quarter last year. On average, research analysts forecast 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 issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 8.7%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust's payout ratio is presently -600.00%.

About Medical Properties Trust

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.

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