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Diversify Advisory Services LLC Invests $1.53 Million in Medical Properties Trust, Inc. $MPT

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Key Points

  • Diversify Advisory Services LLC acquired 319,232 shares of Medical Properties Trust valued at approximately $1.53 million, representing about 0.05% of the company. Institutional investors collectively own 71.79% of MPT.
  • Analyst sentiment remains cautious: MPT has a consensus rating of “Reduce”, with a $4.50 price target after RBC cut its target and Weiss Ratings downgraded the stock to “sell.”
  • MPT reported quarterly EPS of $0.15, in line with estimates, while revenue rose 7.9% year over year to $259.28 million. The company also declared a quarterly dividend of $0.09, implying an annualized yield of approximately 8.7%.
  • MarketBeat previews the top five stocks to own by September 1st.

Diversify Advisory Services LLC bought a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPT - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 319,232 shares of the company's stock, valued at approximately $1,529,000. Diversify Advisory Services LLC owned approximately 0.05% of Medical Properties Trust as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

MPT has been the topic of several analyst reports. Weiss Ratings lowered shares of Medical Properties Trust from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 4th. Royal Bank Of Canada reduced 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 report on Thursday, June 18th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus price target of $4.50.

Check Out Our Latest Analysis on MPT

Medical Properties Trust Trading Up 3.5%

Shares of MPT stock opened at $4.16 on Thursday. Medical Properties Trust, Inc. has a 1 year low of $3.96 and a 1 year high of $6.47. The company has a debt-to-equity ratio of 2.16, a current ratio of 3.12 and a quick ratio of 3.12. The business's 50 day moving average is $4.58. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of -69.33 and a beta of 1.41.

Medical Properties Trust (NYSE:MPT - Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 firm's revenue for the quarter was up 7.9% on a year-over-year basis. On average, equities research analysts forecast that Medical Properties Trust, Inc. will post 0.6 earnings per share for the current fiscal 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 given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust's dividend payout ratio (DPR) is presently -600.00%.

Medical Properties Trust Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medical Properties Trust, Inc. (NYSE:MPT - Free Report).

Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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