Asset Management One Co. Ltd. Purchases New Position in Medical Properties Trust, Inc. $MPT

Key Points

• Asset Management One purchased 699,754 shares of Medical Properties Trust during the second quarter, valued at approximately $3.23 million and representing a 0.12% stake.
• Medical Properties Trust reported quarterly EPS of $0.15, in line with analyst estimates, while revenue rose 7.9% year over year to $259.28 million.
• The company maintains a quarterly dividend of $0.09, equivalent to an annualized yield of about 8.5%, but analysts remain cautious, with an average “Reduce” rating and a $4.50 price target.

Asset Management One Co. Ltd. purchased a new stake in Medical Properties Trust, Inc. (NYSE:MPT - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 699,754 shares of the company's stock, valued at approximately $3,233,000. Asset Management One Co. Ltd. owned 0.12% of Medical Properties Trust as of its most recent SEC filing.

Medical Properties Trust Trading Up 4.2%

NYSE MPT opened at $4.22 on Friday. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 2.13. The firm has a market capitalization of $2.52 billion, a P/E ratio of -70.33 and a beta of 1.41. The company has a 50 day simple moving average of $4.64. Medical Properties Trust, Inc. has a 1-year low of $3.99 and a 1-year high of $6.47.

Medical Properties Trust (NYSE:MPT - Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.15 EPS 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 return on equity of 0.66% and a negative net margin of 2.96%.The business's revenue was up 7.9% on a year-over-year basis. On average, equities research analysts forecast that Medical Properties Trust, Inc. will post 0.63 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Thursday, June 18th were given a $0.09 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.5%. Medical Properties Trust's dividend payout ratio (DPR) is presently -171.43%.

Analyst Upgrades and Downgrades

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

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.

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