698,949 Shares in Medical Properties Trust, Inc. $MPT Bought by Asset Management One Co. Ltd.

Key Points

• Asset Management One acquired 698,949 shares of Medical Properties Trust in the third quarter, worth approximately $2.4 million; institutional investors now own 71.79% of the stock.
• Analyst sentiment remains notably negative: Medical Properties Trust has a consensus rating of “Strong Sell”, with a consensus price target of $2.90 after several firms lowered their ratings and targets.
• MPT shares opened at $2.18, near their 52-week low of $2.03. The company reported quarterly EPS of $0.11, below the $0.13 estimate, while maintaining a $0.09 quarterly dividend, equivalent to a 16.5% yield.

Asset Management One Co. Ltd. bought a new position in Medical Properties Trust, Inc. (NYSE:MPT - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 698,949 shares of the company's stock, valued at approximately $2,418,000. Asset Management One Co. Ltd. owned about 0.12% of Medical Properties Trust at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MPT. CoreCap Advisors LLC purchased a new position in shares of Medical Properties Trust in the 3rd quarter worth $27,000. Continuum Advisory LLC purchased a new stake in Medical Properties Trust during the second quarter valued at $31,000. NFSG Corp bought a new position in Medical Properties Trust in the third quarter valued at about $34,000. Frank Rimerman Advisors LLC purchased a new position in Medical Properties Trust in the third quarter worth about $35,000. Finally, Mainsail Asset Management LLC purchased a new position in Medical Properties Trust in the third quarter worth about $36,000. Institutional investors own 71.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their price target 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, September 1st. Weiss Ratings cut shares of Medical Properties Trust from a "sell (d+)" rating to a "sell (d)" rating in a research note on Tuesday, August 18th. Finally, Royal Bank Of Canada downgraded shares of Medical Properties Trust from a "sector perform" rating to an "underperform" rating and dropped their price objective for the stock from $4.50 to $2.00 in a report on Friday. Three analysts have rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of "Strong Sell" and a consensus target price of $2.90.

Medical Properties Trust Stock Performance

Shares of NYSE MPT opened at $2.18 on Tuesday. The stock has a market cap of $1.30 billion, a PE ratio of 4.58 and a beta of 1.45. Medical Properties Trust, Inc. has a 1 year low of $2.03 and a 1 year high of $6.47. The firm has a fifty day moving average price of $3.38 and a 200-day moving average price of $4.34. The company has a debt-to-equity ratio of 2.16, a current ratio of 3.12 and a quick ratio of 3.12.

Medical Properties Trust (NYSE:MPT - Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.02). 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 $250.14 million for the quarter. The business's quarterly revenue was up 5.3% on a year-over-year basis. Equities analysts anticipate that Medical Properties Trust, Inc. will post 0.53 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 10th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 16.5%. The ex-dividend date of this dividend was Thursday, September 10th. Medical Properties Trust's dividend payout ratio (DPR) is presently 87.80%.

Medical Properties Trust Profile

Medical Properties Trust, Inc is a healthcare-focused real estate investment trust (REIT) that owns and invests in healthcare facilities. Its portfolio has historically included hospitals, inpatient rehabilitation facilities, long-term acute-care hospitals, behavioral health facilities and other properties used by healthcare providers.

Founded in 2003 and headquartered in Birmingham, Alabama, the company primarily generates income by leasing properties to healthcare operators under long-term agreements.

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