332,892 Shares of Medical Properties Trust, Inc. $MPT Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue acquired a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 332,892 shares of the company’s stock, valued at approximately $1,150,000.

A number of other institutional investors have also made changes to their positions in MPT. Amundi lifted its holdings in Medical Properties Trust by 1.6% in the 2nd quarter. Amundi now owns 388,683 shares of the company’s stock worth $1,796,000 after purchasing an additional 6,252 shares during the last quarter. Continuum Advisory LLC bought a new stake in Medical Properties Trust during the second quarter worth approximately $31,000. CoreCap Advisors LLC bought a new stake in Medical Properties Trust during the third quarter worth approximately $27,000. Nykredit A S acquired a new position in Medical Properties Trust during the second quarter valued at approximately $41,000. Finally, OneAscent Family Office LLC acquired a new position in Medical Properties Trust during the second quarter valued at approximately $49,000. 71.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MPT has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their price target on shares of Medical Properties Trust from $5.00 to $3.80 and set an “underweight” rating on the stock in a research report on Tuesday, September 1st. Weiss Ratings cut shares of Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Sell” and a consensus target price of $4.15.

Medical Properties Trust Stock Down 4.2%

MPT stock opened at $2.73 on Wednesday. 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, Inc. has a 52-week low of $2.72 and a 52-week high of $6.47. The company has a 50-day moving average of $3.65 and a two-hundred day moving average of $4.43. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 4.75 and a beta of 1.45.

Medical Properties Trust (NYSE:MPT) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. The company 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 quarterly revenue was up 7.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.53 EPS for the current year.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 10th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 13.2%. The ex-dividend date of this dividend was Thursday, September 10th. Medical Properties Trust’s payout ratio is currently -600.00%.

Medical Properties Trust Profile

Medical Properties Trust, Inc is a healthcare-focused real estate investment trust (REIT) that owns and invests in healthcare facilities. Its portfolio has historically included hospitals, inpatient rehabilitation facilities, long-term acute-care hospitals, behavioral health facilities and other properties used by healthcare providers.

Founded in 2003 and headquartered in Birmingham, Alabama, the company primarily generates income by leasing properties to healthcare operators under long-term agreements.