Diversify Advisory Services LLC Buys Shares of 319,232 Medical Properties Trust, Inc. $MPT

Diversify Advisory Services LLC purchased a new position in Medical Properties Trust, Inc. (NYSE:MPT) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 319,232 shares of the company’s stock, valued at approximately $1,529,000.

Other institutional investors have also made changes to their positions in the company. Kestra Private Wealth Services LLC bought a new stake in Medical Properties Trust in the second quarter valued at about $92,000. Nadler Financial Group Inc. bought a new position in Medical Properties Trust during the second quarter worth about $97,000. Ethic Inc. acquired a new position in shares of Medical Properties Trust during the 2nd quarter worth about $112,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Medical Properties Trust during the 2nd quarter worth about $124,000. Finally, Meeder Advisory Services Inc. bought a new stake in shares of Medical Properties Trust in the 2nd quarter valued at about $130,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Trading Up 3.5%

MPT opened at $4.16 on Thursday. The company has a market cap of $2.48 billion, a PE ratio of -69.33 and a beta of 1.41. 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, Inc. has a 12 month low of $3.96 and a 12 month high of $6.47. The company has a fifty day moving average of $4.58.

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 firm had revenue of $259.28 million during the quarter. Medical Properties Trust had a negative return on equity of 0.66% and a negative net margin of 2.96%.The company’s revenue was up 7.9% on a year-over-year basis. On average, equities research analysts predict that Medical Properties Trust, Inc. will post 0.6 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 10th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.36 annualized dividend and a yield of 8.7%. Medical Properties Trust’s payout ratio is -600.00%.

Analysts Set New Price Targets

Several research firms recently weighed in on MPT. Weiss Ratings lowered shares of Medical Properties Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. 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. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average 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.