Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of 412,361 Medical Properties Trust, Inc. $MPT

Key Points

• Mitsubishi UFJ Asset Management acquired 412,361 shares of Medical Properties Trust, valued at approximately $1.9 million, while institutional investors collectively own 71.79% of the company.
• Analyst sentiment remains cautious: MPT has a consensus rating of “Reduce”, with a $4.50 target price after RBC lowered its target and Weiss Ratings downgraded the stock.
• MPT reported quarterly revenue of $259.28 million, up 7.9% year over year, and met EPS estimates at $0.15. The company declared a quarterly dividend of $0.09, representing an annualized yield of approximately 8.8%.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Medical Properties Trust, Inc. (NYSE:MPT - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 412,361 shares of the company's stock, valued at approximately $1,905,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.07% of Medical Properties Trust as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Kestra Private Wealth Services LLC purchased a new position in shares of Medical Properties Trust in the 2nd quarter valued at about $92,000. Nadler Financial Group Inc. purchased a new position in Medical Properties Trust during the second quarter worth approximately $97,000. Ethic Inc. acquired a new stake in Medical Properties Trust in the second quarter valued at approximately $112,000. Focus Partners Advisor Solutions LLC acquired a new stake in Medical Properties Trust in the second quarter valued at approximately $124,000. Finally, Kovack Advisors Inc. purchased a new stake in shares of Medical Properties Trust in the second quarter valued at approximately $131,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on MPT. Weiss Ratings downgraded Medical Properties Trust from a "sell (d+)" rating to a "sell (d)" rating in a research note on Tuesday. 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. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus target price of $4.50.

Medical Properties Trust Price Performance

Shares of Medical Properties Trust stock opened at $4.11 on Friday. The firm has a market capitalization of $2.45 billion, a PE ratio of -68.50 and a beta of 1.41. The firm's 50 day moving average price is $4.54. Medical Properties Trust, Inc. has a 12 month low of $3.96 and a 12 month 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 issued 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. 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. The firm's revenue was up 7.9% compared to the same quarter last year. As a group, research analysts anticipate that Medical Properties Trust, Inc. will post 0.6 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders 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 (DPR) is presently -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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