Medical Properties Trust (NYSE:MPT) Reaches New 1-Year Low – Should You Sell?

Medical Properties Trust, Inc. (NYSE:MPT) shares hit a new 52-week low during trading on Monday . The company traded as low as $3.96 and last traded at $3.96, with a volume of 4230293 shares trading hands. The stock had previously closed at $4.09.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MPT shares. Weiss Ratings downgraded shares of Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 18th. Royal Bank Of Canada lowered their price target on shares of 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 investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $4.50.

Medical Properties Trust Stock Performance

The company’s 50 day moving average is $4.48. The stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of -65.83 and a beta of 1.41. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 2.16.

Medical Properties Trust (NYSE:MPT) last posted its earnings results on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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 during the quarter. The company’s revenue was up 7.9% compared to the same quarter last year. As a group, analysts expect that Medical Properties Trust, Inc. will post 0.6 EPS for the current fiscal year.

Medical Properties Trust Announces Dividend

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 dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 9.1%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -600.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MPT. Continuum Advisory LLC bought a new stake in Medical Properties Trust during the second quarter worth approximately $31,000. Nykredit A S acquired a new stake in shares of Medical Properties Trust in the second quarter valued at about $41,000. OneAscent Family Office LLC bought a new position in shares of Medical Properties Trust in the second quarter worth about $49,000. Greenspring Advisors LLC bought a new position in shares of Medical Properties Trust in the second quarter worth about $54,000. Finally, Callan Family Office LLC acquired a new position in shares of Medical Properties Trust during the 2nd quarter worth about $66,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

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.