Hsbc Holdings PLC Acquires New Holdings in Medical Properties Trust, Inc. $MPT

Hsbc Holdings PLC bought a new position in Medical Properties Trust, Inc. (NYSE:MPT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,036,883 shares of the company’s stock, valued at approximately $4,793,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MPT. BlackRock Inc. bought a new stake in shares of Medical Properties Trust during the second quarter valued at approximately $347,673,000. Advisors Capital Management LLC bought a new position in Medical Properties Trust in the 2nd quarter worth approximately $30,483,000. Bank of New York Mellon Corp bought a new position in Medical Properties Trust in the 2nd quarter worth approximately $28,285,000. Deutsche Bank AG acquired a new stake in Medical Properties Trust in the 2nd quarter valued at approximately $25,302,000. Finally, Legal & General Group Plc acquired a new stake in Medical Properties Trust in the 2nd quarter valued at approximately $15,900,000. Institutional investors own 71.79% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on MPT. Weiss Ratings lowered Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 18th. Royal Bank Of Canada lowered their price target 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. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $4.50.

Medical Properties Trust Trading Up 2.0%

Shares of NYSE:MPT opened at $4.11 on Friday. The stock has a 50 day moving average of $4.48. The firm has a market cap of $2.45 billion, a price-to-earnings ratio of -68.50 and a beta of 1.41. Medical Properties Trust, Inc. has a twelve month low of $3.96 and a twelve month high of $6.47. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 2.16.

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

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.09 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.36 annualized dividend and a dividend yield of 8.8%. Medical Properties Trust’s dividend payout ratio (DPR) is -600.00%.

Medical Properties Trust Company 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.