GSA Capital Partners LLP Acquires New Position in Medical Properties Trust, Inc. $MPT

GSA Capital Partners LLP bought a new position in Medical Properties Trust, Inc. (NYSE:MPT) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 143,249 shares of the company’s stock, valued at approximately $662,000.

A number of other institutional investors have also recently made changes to their positions in MPT. Asset Management One Co. Ltd. purchased a new position in shares of Medical Properties Trust in the second quarter valued at $3,233,000. Sumitomo Mitsui Trust Group Inc. bought a new position in Medical Properties Trust in the 2nd quarter valued at $2,471,000. Diversify Wealth Management LLC bought a new position in Medical Properties Trust in the 2nd quarter worth about $1,529,000. Resona Asset Management Co. Ltd. purchased a new position in shares of Medical Properties Trust during the second quarter valued at $1,004,000. Finally, Aberdeen Group plc bought a new position in Medical Properties Trust in the second quarter worth approximately $975,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

NYSE MPT 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 quick ratio of 3.12 and a current ratio of 3.12. The firm has a 50 day moving average price of $4.58. The stock has a market capitalization of $2.48 billion, a P/E ratio of -69.33 and a beta of 1.41.

Medical Properties Trust (NYSE:MPT) last released its 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. The business had revenue of $259.28 million during the quarter. Medical Properties Trust had a negative net margin of 2.96% and a negative return on equity of 0.66%. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. On average, equities research analysts anticipate that Medical Properties Trust, Inc. will post 0.6 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

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 issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 8.7%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio is presently -600.00%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Royal Bank Of Canada lowered their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. 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. 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.com, Medical Properties Trust currently has a consensus rating of “Reduce” and an average price target of $4.50.

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.