Deutsche Bank AG Invests $25.30 Million in Medical Properties Trust, Inc. $MPT

Key Points

• Deutsche Bank acquired 5.48 million shares of Medical Properties Trust worth approximately $25.3 million, representing about 0.92% of the REIT. Several other institutional investors also initiated positions, with institutions collectively owning 71.79% of the stock.
• Analysts remain cautious, with Medical Properties Trust carrying a consensus “Reduce” rating and a $4.50 price target. The stock opened at $4.11, below its 50-day moving average of $4.54.
• The company reported quarterly revenue of $259.28 million, up 7.9% year over year, and met earnings expectations at $0.15 per share. It also declared a quarterly dividend of $0.09, equivalent to an annualized yield of approximately 8.8%.

Deutsche Bank AG bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPT - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 5,476,536 shares of the company's stock, valued at approximately $25,302,000. Deutsche Bank AG owned about 0.92% of Medical Properties Trust as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new stake in shares of Medical Properties Trust during the 2nd quarter valued at about $28,285,000. Asset Management One Co. Ltd. acquired a new position in Medical Properties Trust during the 2nd quarter valued at approximately $3,233,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in Medical Properties Trust in the second quarter worth $2,471,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Medical Properties Trust in the second quarter valued at $1,905,000. Finally, Diversify Wealth Management LLC bought a new position in shares of Medical Properties Trust during the second quarter worth about $1,529,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on MPT shares. Royal Bank Of Canada dropped their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating on the stock in a research note on Thursday, June 18th. Weiss Ratings lowered shares of Medical Properties Trust from a "sell (d+)" rating to a "sell (d)" rating in a research note on Tuesday. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and a consensus price target of $4.50.

Medical Properties Trust Stock Up 0.7%

Shares of NYSE:MPT opened at $4.11 on Friday. The firm's fifty day moving average price is $4.54. The firm has a market cap of $2.45 billion, a P/E ratio of -68.50 and a beta of 1.41. The company has a debt-to-equity ratio of 2.16, a quick ratio of 3.12 and a current ratio of 3.12. Medical Properties Trust, Inc. has a 12-month low of $3.96 and a 12-month high of $6.47.

Medical Properties Trust (NYSE:MPT - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.15. The business had revenue of $259.28 million during the quarter. Medical Properties Trust had a negative net margin of 2.96% and a negative return on equity of 0.66%. Medical Properties Trust's revenue for the quarter was up 7.9% compared to the same quarter last year. Equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.6 earnings per share for the current year.

Medical Properties Trust Announces Dividend

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. The ex-dividend date is Thursday, September 10th. This represents a $0.36 dividend on an annualized basis and a yield of 8.8%. Medical Properties Trust's dividend payout ratio is currently -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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