Medical Properties Trust (NYSE:MPT) Reaches New 12-Month Low – Should You Sell?

Medical Properties Trust, Inc. (NYSE:MPT) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $3.98 and last traded at $3.99, with a volume of 4475316 shares trading hands. The stock had previously closed at $4.05.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Weiss Ratings cut Medical Properties Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada dropped their price target on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $4.50.

Medical Properties Trust Stock Performance

The firm has a market cap of $2.39 billion, a PE ratio of -66.83 and a beta of 1.41. The stock’s 50-day simple moving average is $4.61. The company has a debt-to-equity ratio of 2.16, a quick ratio of 3.12 and a current ratio of 3.12.

Medical Properties Trust (NYSE:MPT) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. The company had revenue of $259.28 million for the quarter. Medical Properties Trust had a negative net margin of 2.96% and a negative return on equity of 0.66%. Medical Properties Trust’s quarterly revenue was up 7.9% on a year-over-year basis. On average, sell-side analysts predict that Medical Properties Trust, Inc. will post 0.63 EPS for the current fiscal year.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 10th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 9.0%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -600.00%.

Institutional Trading of Medical Properties Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. OneAscent Family Office LLC acquired a new stake in Medical Properties Trust during the 2nd quarter worth approximately $49,000. Greenspring Advisors LLC purchased a new position in shares of Medical Properties Trust in the 2nd quarter valued at approximately $54,000. Callan Family Office LLC acquired a new position in shares of Medical Properties Trust in the second quarter valued at approximately $66,000. Allworth Financial LP acquired a new position in shares of Medical Properties Trust in the second quarter valued at approximately $76,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Medical Properties Trust during the second quarter worth approximately $81,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

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.