332,892 Shares of Medical Properties Trust, Inc. $MPT Bought by State of Alaska Department of Revenue

State of Alaska Department of Revenue bought a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 332,892 shares of the company’s stock, valued at approximately $1,150,000. State of Alaska Department of Revenue owned 0.06% of Medical Properties Trust at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth $347,673,000. State Street Corp acquired a new stake in shares of Medical Properties Trust in the second quarter valued at $118,522,000. Allianz Asset Management GmbH acquired a new stake in shares of Medical Properties Trust in the second quarter valued at $33,903,000. Advisors Capital Management LLC bought a new position in Medical Properties Trust during the second quarter valued at about $30,483,000. Finally, Bank of New York Mellon Corp bought a new position in Medical Properties Trust during the second quarter valued at about $28,285,000. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Price Performance

Shares of NYSE:MPT opened at $2.73 on Wednesday. The company’s fifty day moving average is $3.65 and its two-hundred day moving average is $4.43. 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 $2.72 and a 12-month high of $6.47. The company has a market cap of $1.63 billion, a P/E ratio of 4.75 and a beta of 1.45.

Medical Properties Trust (NYSE:MPT) last announced 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 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%. Medical Properties Trust’s quarterly revenue was up 7.9% on a year-over-year basis. Equities analysts expect that Medical Properties Trust, Inc. will post 0.53 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 10th were paid a $0.09 dividend. The ex-dividend date was Thursday, September 10th. This represents a $0.36 dividend on an annualized basis and a yield of 13.2%. Medical Properties Trust’s payout ratio is -600.00%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Weiss Ratings lowered Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 18th. Wells Fargo & Company cut their price target on shares of Medical Properties Trust from $5.00 to $3.80 and set an “underweight” rating for the company in a 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell” and a consensus price target of $4.15.

Medical Properties Trust Profile

Medical Properties Trust, Inc is a healthcare-focused real estate investment trust (REIT) that owns and invests in healthcare facilities. Its portfolio has historically included hospitals, inpatient rehabilitation facilities, long-term acute-care hospitals, behavioral health facilities and other properties used by healthcare providers.

Founded in 2003 and headquartered in Birmingham, Alabama, the company primarily generates income by leasing properties to healthcare operators under long-term agreements.