Adams Asset Advisors LLC Buys New Position in Medical Properties Trust, Inc. $MPT

Adams Asset Advisors LLC purchased a new position in Medical Properties Trust, Inc. (NYSE:MPT) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 213,470 shares of the company’s stock, valued at approximately $739,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in MPT. Toth Financial Advisory Corp purchased a new position in Medical Properties Trust in the third quarter worth $56,000. Juncture Wealth Strategies LLC purchased a new stake in Medical Properties Trust during the third quarter valued at about $51,000. Pensionfund PDN bought a new stake in Medical Properties Trust during the third quarter worth about $301,000. Envestnet Asset Management Inc. bought a new stake in Medical Properties Trust during the second quarter worth about $1,596,000. Finally, State Street Corp purchased a new position in shares of Medical Properties Trust in the 2nd quarter worth about $118,522,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

MPT has been the topic of a number of research reports. Weiss Ratings cut Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 18th. Royal Bank Of Canada cut their target price on 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. Finally, Wells Fargo & Company reduced 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. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Sell” and an average target price of $4.15.

Medical Properties Trust Trading Down 1.2%

Shares of NYSE MPT traded down $0.04 during mid-day trading on Thursday, hitting $3.19. The stock had a trading volume of 18,863,372 shares, compared to its average volume of 7,130,413. The business has a 50 day moving average price of $3.92 and a two-hundred day moving average price of $4.53. Medical Properties Trust, Inc. has a 1 year low of $3.10 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 market cap of $1.91 billion, a P/E ratio of -53.17 and a beta of 1.45.

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. 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%. Medical Properties Trust’s quarterly revenue was up 7.9% on a year-over-year basis. On average, equities analysts anticipate that Medical Properties Trust, Inc. will post 0.53 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio is currently -600.00%.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc (NYSE: MPT) is a real estate investment trust focused on owning and investing in healthcare facilities. The company primarily acquires and leases hospitals and other healthcare properties to healthcare operators under long-term agreements, providing real estate capital that can support facility expansion, modernization and operations.

Its portfolio has historically included general acute-care hospitals, inpatient rehabilitation facilities, behavioral health facilities and other specialized healthcare properties.