7,338,412 Shares in Medical Properties Trust, Inc. $MPT Acquired by Allianz Asset Management GmbH

Key Points

• Allianz Asset Management acquired 7.34 million shares of Medical Properties Trust in the second quarter, worth approximately $33.9 million and representing a 1.23% stake. Institutional investors collectively own 71.79% of the company.
• Medical Properties Trust reported quarterly revenue of $259.28 million, up 7.9% year over year, and earnings of $0.15 per share, matching analyst expectations. The company declared a quarterly dividend of $0.09 per share, implying a 9.0% annualized yield.
• Analyst sentiment remains bearish: MPT has an average “Sell” rating, with an average price target of $4.15; its shares recently opened at $4.02, near the 52-week low of $3.89.

Allianz Asset Management GmbH purchased a new stake in 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. The fund purchased 7,338,412 shares of the company's stock, valued at approximately $33,903,000. Allianz Asset Management GmbH owned 1.23% of Medical Properties Trust as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Asset Management One Co. Ltd. acquired a new stake in Medical Properties Trust during the 2nd quarter worth $3,233,000. Kestra Private Wealth Services LLC bought a new position in Medical Properties Trust during the second quarter worth about $92,000. Kovack Advisors Inc. acquired a new position in Medical Properties Trust in the second quarter valued at about $131,000. Oregon Public Employees Retirement Fund bought a new stake in shares of Medical Properties Trust in the second quarter worth about $511,000. Finally, Resona Asset Management Co. Ltd. bought a new stake in shares of Medical Properties Trust in the second quarter worth about $1,004,000. Institutional investors own 71.79% of the company's stock.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $4.02 on Tuesday. The firm has a market cap of $2.40 billion, a price-to-earnings ratio of -67.00 and a beta of 1.40. The business's 50-day moving average price is $4.42. Medical Properties Trust, Inc. has a fifty-two week low of $3.89 and a fifty-two week high of $6.47. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 2.16.

Medical Properties Trust (NYSE:MPT - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.15 earnings per share for the quarter, hitting analysts' consensus estimates of $0.15. Medical Properties Trust had a negative return on equity of 0.66% and a negative net margin of 2.96%.The firm had revenue of $259.28 million for the quarter. Medical Properties Trust'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 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust's dividend payout ratio (DPR) is currently -600.00%.

Wall Street Analysts Forecast Growth

MPT has been the topic of a number of research reports. Wells Fargo & Company cut their price target on shares of Medical Properties Trust from $5.00 to $3.80 and set an "underweight" rating on the stock in a research note on Tuesday, September 1st. Royal Bank Of Canada lowered their price objective on shares of 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. Finally, Weiss Ratings lowered shares of Medical Properties Trust from a "sell (d+)" rating to a "sell (d)" rating in a report 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. Based on data from MarketBeat, Medical Properties Trust presently has an average rating of "Sell" and an average price target of $4.15.

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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