Hsbc Holdings PLC Invests $4.79 Million in Medical Properties Trust, Inc. $MPT

Key Points

• HSBC Holdings acquired 1,036,883 shares of Medical Properties Trust in the second quarter, valued at approximately $4.79 million and representing about 0.17% of the REIT.
• Institutional investors and hedge funds own 71.79% of MPT, while analysts maintain a cautious outlook: the consensus rating is “Reduce” with an average price target of $4.50.
• MPT reported quarterly EPS of $0.15 on $259.28 million in revenue, up 7.9% year over year, and declared a $0.09 quarterly dividend, equating to an annualized yield of about 8.8%.

Hsbc Holdings PLC acquired a new stake in Medical Properties Trust, Inc. (NYSE:MPT - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,036,883 shares of the company's stock, valued at approximately $4,793,000. Hsbc Holdings PLC owned about 0.17% of Medical Properties Trust as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of MPT. OneAscent Family Office LLC bought a new position in Medical Properties Trust during the 2nd quarter worth approximately $49,000. Greenspring Advisors LLC bought a new stake in shares of Medical Properties Trust in the 2nd quarter valued at approximately $54,000. Callan Family Office LLC bought a new stake in shares of Medical Properties Trust in the 2nd quarter valued at approximately $66,000. Allworth Financial LP acquired a new stake in shares of Medical Properties Trust during the 2nd quarter valued at approximately $76,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Medical Properties Trust during the 2nd quarter valued at approximately $81,000. Institutional investors and hedge funds own 71.79% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on MPT. Royal Bank Of Canada decreased 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 report on Thursday, June 18th. Weiss Ratings cut shares of Medical Properties Trust from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and an average price target of $4.50.

Medical Properties Trust Trading Up 2.0%

NYSE:MPT opened at $4.11 on Friday. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of -68.50 and a beta of 1.41. The company's 50 day moving average is $4.48. Medical Properties Trust, Inc. has a 52 week low of $3.96 and a 52 week 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.

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 (EPS) for the quarter, hitting the consensus estimate of $0.15. The business 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%.Medical Properties Trust's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, analysts predict that Medical Properties Trust, Inc. will post 0.6 EPS for the current fiscal year.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 10th will be given a $0.09 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.36 annualized dividend and a yield of 8.8%. Medical Properties Trust's dividend payout ratio (DPR) 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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