Csenge Advisory Group Acquires New Stake in Medical Properties Trust, Inc. $MPT

Csenge Advisory Group acquired a new stake in Medical Properties Trust, Inc. (NYSE:MPT) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 250,899 shares of the company’s stock, valued at approximately $1,159,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of Medical Properties Trust during the second quarter worth $2,471,000. Asset Management One Co. Ltd. purchased a new position in shares of Medical Properties Trust in the second quarter worth about $3,233,000. Diversify Wealth Management LLC acquired a new position in Medical Properties Trust during the second quarter worth about $1,529,000. Daiwa Securities Group Inc. acquired a new position in Medical Properties Trust during the second quarter worth about $910,000. Finally, Resona Asset Management Co. Ltd. purchased a new stake in Medical Properties Trust during the 2nd quarter valued at about $1,004,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Weiss Ratings downgraded shares of Medical Properties Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Royal Bank Of Canada lowered their target price 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 equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $4.50.

Medical Properties Trust Stock Up 3.5%

NYSE MPT opened at $4.16 on Thursday. 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 quick ratio of 3.12 and a current ratio of 3.12. The business’s fifty day moving average is $4.58. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of -69.33 and a beta of 1.41.

Medical Properties Trust (NYSE:MPT) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. Medical Properties Trust had a negative net margin of 2.96% and a negative return on equity of 0.66%. The firm had revenue of $259.28 million for the quarter. Medical Properties Trust’s revenue for the quarter was up 7.9% on a year-over-year basis. Research analysts expect that Medical Properties Trust, Inc. will post 0.6 EPS for the current year.

Medical Properties Trust Announces Dividend

The company 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 payout ratio 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.