Csenge Advisory Group Makes New $1.03 Million Investment in Medical Properties Trust, Inc. $MPT

Csenge Advisory Group acquired a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPT) during the 3rd quarter, HoldingsChannel reports. The firm acquired 298,677 shares of the company’s stock, valued at approximately $1,033,000.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. BNP Paribas Exane downgraded shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and set a $2.25 price objective for the company. in a research report on Tuesday, November 3rd. Wells Fargo & Company dropped their target price 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. Royal Bank Of Canada cut shares of Medical Properties Trust from a “sector perform” rating to an “underperform” rating and dropped their target price for the stock from $4.50 to $2.00 in a research report on Friday, October 30th. Finally, Weiss Ratings upgraded Medical Properties Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday. One investment analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Strong Sell” and a consensus target price of $2.68.

Medical Properties Trust Stock Down 3.1%

Shares of NYSE:MPT opened at $1.73 on Friday. The company has a market capitalization of $1.02 billion, a PE ratio of 3.07 and a beta of 1.50. The company has a debt-to-equity ratio of 2.00, a current ratio of 3.92 and a quick ratio of 3.12. The business has a fifty day moving average price of $3.03 and a two-hundred day moving average price of $4.22. Medical Properties Trust, Inc. has a 1 year low of $1.67 and a 1 year high of $6.47.

Medical Properties Trust (NYSE:MPT) last announced its earnings results on Thursday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.02). The business had revenue of $250.14 million for the quarter. Medical Properties Trust had a net margin of 24.14% and a return on equity of 5.45%. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. Analysts forecast that Medical Properties Trust, Inc. will post 0.51 earnings per share for the current year.

About Medical Properties Trust

Medical Properties Trust is a real estate investment trust that owns and invests in healthcare facilities, with a primary focus on hospitals. The company leases its properties to healthcare operators and may provide financing related to the acquisition or development of medical facilities. Founded in 2003, Medical Properties Trust has built a portfolio of properties serving acute-care, behavioral health, rehabilitation and other healthcare needs. Its investments have included facilities in the United States and international markets.